Cadan Resources (Cadan Resources) ROCE % : 0.00% (As of Sep. 2018)

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What is Cadan 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. Cadan Resources's annualized ROCE % for the quarter that ended in Sep. 2018 was 0.00%.

Cadan Resources ROCE % Historical Data

The historical data trend for Cadan 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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Cadan Resources ROCE % Chart

Cadan Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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-106.87

Cadan Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Cadan Resources ROCE % Calculation

Cadan Resources's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-0.107	/	( ( (7.094 - 14.734)	+	(14.471 - 20.897) )	/ 2 )
	=	-0.107	/	( (-7.64	+	-6.426)	/ 2 )
	=	-0.107	/	-7.033
	=	1.52 %

Cadan Resources's ROCE % of for the quarter that ended in Sep. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2018 )		(Q: Jun. 2018 )		(Q: Sep. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2018 )		(Q: Jun. 2018 )		(Q: Sep. 2018 )
	=	-4.848	/	( ( (18.42 - 22.547)	+	(19.27 - 28.446) )	/ 2 )
	=	-4.848	/	( ( -4.127	+	-9.176 )	/ 2 )
	=	-4.848	/	-6.6515
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

Cadan Resources (OTCPK:CADAF) 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.

Cadan Resources ROCE % Related Terms

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Cadan Resources (Cadan Resources) Business Description

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

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Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rizalresources.com

Rizal Resources Corp is engaged in the exploration of natural resource properties located in the Philippines. Its properties include T'Boli Gold Mine Project, Batoto Gold Project, and Comval Copper-Gold Project. It operates through resource property exploration segment. It is focused on the development, exploration and production activities at the T'Boli gold-silver mine. Its material mineral properties are the T'Boli gold-silver deposit, the Batoto-Tarale gold prospect, and the Comval copper-gold deposits. The Batoto Gold Project offers excellent discovery opportunities for gold and gold-copper that will complement the T'Boli gold mining operation.

Cadan Resources (Cadan Resources) Headlines

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