Sasquatch Resources (XCNQ:SASQ) ROCE % : -59.23% (As of Jan. 2024)

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What is Sasquatch 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. Sasquatch Resources's annualized ROCE % for the quarter that ended in Jan. 2024 was -59.23%.

Sasquatch Resources ROCE % Historical Data

The historical data trend for Sasquatch 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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Sasquatch Resources ROCE % Chart

Sasquatch Resources Annual Data

Trend

Apr22

Apr23

ROCE %

-19.33

-60.46

Sasquatch Resources Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial				-44.78	-55.17	-30.65	-47.67	-59.23

Sasquatch Resources ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-0.344	/	( ( (0.65 - 0.019)	+	(0.523 - 0.016) )	/ 2 )
	=	-0.344	/	( (0.631	+	0.507)	/ 2 )
	=	-0.344	/	0.569
	=	-60.46 %

Sasquatch Resources's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.348	/	( ( (0.622 - 0.018)	+	(0.591 - 0.02) )	/ 2 )
	=	-0.348	/	( ( 0.604	+	0.571 )	/ 2 )
	=	-0.348	/	0.5875
	=	-59.23 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Sasquatch Resources (XCNQ:SASQ) 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.

Sasquatch Resources ROCE % Related Terms

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Sasquatch Resources (XCNQ:SASQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sasquatch Resources Corp (XCNQ:SASQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7

Website

https://www.sasquatchresources.com

Sasquatch Resources Corp is a mineral exploration company focused on its Mount Sicker Property in British Columbia, Canada. It engages in the acquisition, exploration, and evaluation of mineral properties.

Executives

Thomas David Lamb

Director

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