Stakeholder Gold (Stakeholder Gold) ROCE % : -48.67% (As of Sep. 2023)

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What is Stakeholder 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. Stakeholder Gold's annualized ROCE % for the quarter that ended in Sep. 2023 was -48.67%.

Stakeholder Gold ROCE % Historical Data

The historical data trend for Stakeholder 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.

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Stakeholder Gold ROCE % Chart

Stakeholder Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-3,207.14

21.05

0.38

Stakeholder Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															27.44	-72.68	-11.41	-0.26	-48.67

Stakeholder Gold ROCE % Calculation

Stakeholder Gold's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	0.005	/	( ( (1.655 - 0.42)	+	(1.924 - 0.537) )	/ 2 )
	=	0.005	/	( (1.235	+	1.387)	/ 2 )
	=	0.005	/	1.311
	=	0.38 %

Stakeholder Gold's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.704	/	( ( (2.314 - 0.752)	+	(2.204 - 0.873) )	/ 2 )
	=	-0.704	/	( ( 1.562	+	1.331 )	/ 2 )
	=	-0.704	/	1.4465
	=	-48.67 %

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

Stakeholder Gold (GREY:SKHRF) 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.

Stakeholder Gold ROCE % Related Terms

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Stakeholder Gold (Stakeholder Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stakeholder Gold Corp (GREY:SKHRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SW0M:Germany SRC:Canada

Address

607 - 130 Queens Quay East, Toronto, ON, CAN, M5A 3Y5

Website

https://www.stakeholdergold.com

Stakeholder Gold Corp is a mineral exploration company. Principally, it is engaged in the identification, acquisition, and exploration of properties for the mining of precious and base metals in Canada. It is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the extraction of exotic quartzite. The company's project consists of the Ballarat gold project which is located in the White Gold District of the Yukon Territory and the VMC Blue Quartzite Project located in Minas Gerais, Brazil.

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