Xander Resources (FRA:1XI0) ROCE % : -452.17% (As of Dec. 2023)

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What is Xander 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. Xander Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -452.17%.

Xander Resources ROCE % Historical Data

The historical data trend for Xander 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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Xander Resources ROCE % Chart

Xander Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-82.40

-600.00

-963.08

-1,037.94

Xander Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-99.36	-327.39	-281.28	-78.23	-452.17

Xander Resources ROCE % Calculation

Xander Resources'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 )
	=	-2.216	/	( ( (0.126 - 0.25)	+	(0.84 - 0.289) )	/ 2 )
	=	-2.216	/	( (-0.124	+	0.551)	/ 2 )
	=	-2.216	/	0.2135
	=	-1,037.94 %

Xander Resources'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 )
	=	-0.884	/	( ( (0.444 - 0.136)	+	(0.154 - 0.071) )	/ 2 )
	=	-0.884	/	( ( 0.308	+	0.083 )	/ 2 )
	=	-0.884	/	0.1955
	=	-452.17 %

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

Xander Resources (FRA:1XI0) 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.

Xander Resources ROCE % Related Terms

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Xander Resources (FRA:1XI0) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xander Resources Inc (FRA:1XI0) » Definitions » ROCE %

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XNDRF:USA XND:Canada

Address

1125 Howe Street, Suite 1400, Vancouver, BC, CAN, V6Z 2K3

Website

https://www.xanderresources.ca

Xander Resources Inc is a Canadian-based mineral exploration company. It is involved in the business of identification, evaluation, and acquisition of mineral properties. The company's project includes Blue Ribbon Property; Senneville South Property; Senneville West Property, Bachelor North, CNC Timmins Property, and Senneville East Property. It is focusing on developing accretive gold properties. Geographically, it operates only in Canada.

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