KO Gold (XCNQ:KOG) ROCE % : -5,186.52% (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is KO 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. KO Gold's annualized ROCE % for the quarter that ended in Dec. 2023 was -5,186.52%.

KO Gold ROCE % Historical Data

The historical data trend for KO 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.

KO Gold ROCE % Chart

KO Gold Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

-267.07

-14,892.31

-309.30

KO Gold Quarterly Data
	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial					-152.11	-284.98	-123.32	-167.58	-5,186.52

KO Gold ROCE % Calculation

KO Gold's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-0.532	/	( ( (0.051 - 0.12)	+	(0.556 - 0.143) )	/ 2 )
	=	-0.532	/	( (-0.069	+	0.413)	/ 2 )
	=	-0.532	/	0.172
	=	-309.30 %

KO 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 )
	=	-4.616	/	( ( (0.362 - 0.146)	+	(0.225 - 0.263) )	/ 2 )
	=	-4.616	/	( ( 0.216	+	-0.038 )	/ 2 )
	=	-4.616	/	0.089
	=	-5,186.52 %

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

KO Gold (XCNQ:KOG) 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.

KO Gold ROCE % Related Terms

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

KO Gold (XCNQ:KOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KO Gold Inc (XCNQ:KOG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.kogoldnz.com

KO Gold Inc is an exploration company? focused on exploring the Otago Gold District on the South Island of New Zealand. Its Gold projects include Smylers Gold Project, Tokomairiro, Carrick, Hyde, and Rough Ridge South.

KO Gold (XCNQ:KOG) Headlines

No Headlines