Goldhills Holding (TSXV:GHL) ROCE % : 0.00% (As of Oct. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Goldhills Holding ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Goldhills Holding's annualized ROCE % for the quarter that ended in Oct. 2023 was 0.00%.

Goldhills Holding ROCE % Historical Data

The historical data trend for Goldhills Holding's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goldhills Holding ROCE % Chart

Goldhills Holding Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

Get a 7-Day Free Trial

-79,157.14

Goldhills Holding Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Goldhills Holding ROCE % Calculation

Goldhills Holding's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.464	/	( ( (0.202 - 0.16)	+	(0.039 - 0.463) )	/ 2 )
	=	-0.464	/	( (0.042	+	-0.424)	/ 2 )
	=	-0.464	/	-0.191
	=	242.93 %

Goldhills Holding's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	-0.4	/	( ( (0.039 - 0.463)	+	(0.01 - 0.534) )	/ 2 )
	=	-0.4	/	( ( -0.424	+	-0.524 )	/ 2 )
	=	-0.4	/	-0.474
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2023) EBIT data.

Goldhills Holding (TSXV:GHL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Goldhills Holding ROCE % Related Terms

Thank you for viewing the detailed overview of Goldhills Holding's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Goldhills Holding (TSXV:GHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldhills Holding Ltd (TSXV:GHL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GODZF:USA

Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

https://www.goldhills.co

Goldhills Holding Ltd is a centric natural resources company operating in Canada. It focuses on sourcing production and near-term production mining opportunities. The ongoing project of the company is the siguri gold project in guinea which is near siguri town.

Executives

Andri Stytsenko

Director