Radius Gold (TSXV:RDU) ROCE % : -134.51% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Radius Gold 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. Radius Gold's annualized ROCE % for the quarter that ended in Dec. 2023 was -134.51%.

Radius Gold ROCE % Historical Data

The historical data trend for Radius Gold'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.

Radius Gold ROCE % Chart

Radius Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-46.32

-22.26

-27.79

35.33

-91.71

Radius Gold 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															143.92	-49.26	-96.19	-56.71	-134.51

Radius Gold ROCE % Calculation

Radius Gold'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 )
	=	-2.626	/	( ( (3.711 - 0.173)	+	(2.361 - 0.172) )	/ 2 )
	=	-2.626	/	( (3.538	+	2.189)	/ 2 )
	=	-2.626	/	2.8635
	=	-91.71 %

Radius Gold'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 )
	=	-3.748	/	( ( (3.626 - 0.242)	+	(2.361 - 0.172) )	/ 2 )
	=	-3.748	/	( ( 3.384	+	2.189 )	/ 2 )
	=	-3.748	/	2.7865
	=	-134.51 %

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

Radius Gold (TSXV:RDU) 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.

Radius Gold ROCE % Related Terms

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

Radius Gold (TSXV:RDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Radius Gold Inc (TSXV:RDU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RDUFF:USA

Address

200 Burrard Street, Suite 650, Vancouver, BC, CAN, V6C 3L6

Website

https://www.radiusgold.com

Radius Gold Inc is a gold exploration company engaged in acquiring and exploring mineral properties and investment in companies which hold mineral property interests. It owns an exploration and mining interest in various properties including Bald Peak Project; Holly-Banderas Project; Amalia Project and Plata Verde Project. The Company's assets were located in Canada, Guatemala, Mexico, and Cayman Islands and formerly the USA.

Executives

Simon T.p. Ridgway

Director

Radius Gold (TSXV:RDU) Headlines

No Headlines