Osino Resources (TSXV:OSI) ROCE % : 0.00% (As of Dec. 2023)

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What is Osino Resources 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. Osino Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Osino Resources ROCE % Historical Data

The historical data trend for Osino Resources'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.

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Osino Resources ROCE % Chart

Osino Resources Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-232.61

-114.32

-164.73

Osino Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-	-164.01	-163.77	-59.78	-

Osino Resources ROCE % Calculation

Osino Resources's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	0	/	( ( (24.947 - 8.582)	+	(26.816 - 30.542) )	/ 2 )
	=	0	/	( (16.365	+	-3.726)	/ 2 )
	=	0	/	6.3195
	=	0.00 %

Osino Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0	/	( ( (22.743 - 5.609)	+	(26.816 - 30.542) )	/ 2 )
	=	0	/	( ( 17.134	+	-3.726 )	/ 2 )
	=	0	/	6.704
	=	0.00 %

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

Osino Resources (TSXV:OSI) 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.

Osino Resources ROCE % Related Terms

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Osino Resources (TSXV:OSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osino Resources Corp (TSXV:OSI) » Definitions » ROCE %

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OSIIF:USA RSR1:Germany

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.osinoresources.com

Osino Resources Corp is a Canadian company, focused on the acquisition and development of gold projects in Namibia. The company has two geographical segments Canada and Nambia. The company's project includes Osino Gold Project which is located in central Namibia in the area known as the Central Plateau.