Jaeger Resources (Jaeger Resources) ROCE % : 0.00% (As of Feb. 2024)

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What is Jaeger 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. Jaeger Resources's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

Jaeger Resources ROCE % Historical Data

The historical data trend for Jaeger 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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Jaeger Resources ROCE % Chart

Jaeger Resources Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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-373.68

Jaeger Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Jaeger Resources ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.07	/	( ( (0.287 - 0.375)	+	(0.289 - 0.449) )	/ 2 )
	=	-0.07	/	( (-0.088	+	-0.16)	/ 2 )
	=	-0.07	/	-0.124
	=	56.45 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.036	/	( ( (0.289 - 0.449)	+	(0.293 - 0.464) )	/ 2 )
	=	-0.036	/	( ( -0.16	+	-0.171 )	/ 2 )
	=	-0.036	/	-0.1655
	=	0 %

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

Jaeger Resources (OTCPK:BDRGF) 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.

Jaeger Resources ROCE % Related Terms

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Jaeger Resources (Jaeger Resources) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jaeger Resources Corp (OTCPK:BDRGF) » Definitions » ROCE %

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JAEG.H:Canada

Address

9320-49th Street, Edmonton, AB, CAN, T6B 2L7

Website

https://www.jaegerresources.com

Jaeger Resources Corp is a junior Canadian exploration company. It is principally engaged in the acquisition, exploration and the development of mineral properties. The company owns an interest in Taylor Brook Property which includes lead, zinc, silver deposits located in the prolithic Bathurst Mining Camp, New Brunswick.

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