Emperor Metals (XCNQ:AUOZ) ROCE % : -41.54% (As of Oct. 2023)

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What is Emperor Metals 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. Emperor Metals's annualized ROCE % for the quarter that ended in Oct. 2023 was -41.54%.

Emperor Metals ROCE % Historical Data

The historical data trend for Emperor Metals'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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Emperor Metals ROCE % Chart

Emperor Metals Annual Data

Trend

Jan21

Jan22

Jan23

ROCE %

-20.12

-28.02

-32.01

Emperor Metals Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial							-48.99	-64.94	-32.56	-24.87	-41.54

Emperor Metals ROCE % Calculation

Emperor Metals's annualized ROCE % for the fiscal year that ended in Jan. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	-0.888	/	( ( (1.733 - 0.124)	+	(4.559 - 0.619) )	/ 2 )
	=	-0.888	/	( (1.609	+	3.94)	/ 2 )
	=	-0.888	/	2.7745
	=	-32.01 %

Emperor Metals'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 )
	=	-1.76	/	( ( (4.995 - 0.687)	+	(5.076 - 0.91) )	/ 2 )
	=	-1.76	/	( ( 4.308	+	4.166 )	/ 2 )
	=	-1.76	/	4.237
	=	-41.54 %

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

Emperor Metals (XCNQ:AUOZ) 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.

Emperor Metals ROCE % Related Terms

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Emperor Metals (XCNQ:AUOZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emperor Metals Inc (XCNQ:AUOZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EMAUF:USA 9NH:Germany

Address

10545 - 45 Avenue NW, 250 Southridge, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.emperormetals.com

Emperor Metals Inc is engaged in the business of mineral exploration in Ontario. It is focused on proving the potential of Pine Grove and other early-stage gold projects located near the Hemlo Gold Mine within the western portion of the prolific Wawa-Abitibi Gold Belt of Ontario, Canada.

Executives

John Florek

Director, Senior Officer

Emperor Metals (XCNQ:AUOZ) Headlines

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