Black Dragon Gold (FRA:CDC) ROCE % : -302.25% (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Black Dragon 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. Black Dragon Gold's annualized ROCE % for the quarter that ended in Dec. 2023 was -302.25%.

Black Dragon Gold ROCE % Historical Data

The historical data trend for Black Dragon 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.

* Premium members only.

Black Dragon Gold ROCE % Chart

Black Dragon Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-83.29

-75.63

-102.59

-89.35

-151.66

Black Dragon Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-96.61	-182.74	-173.94	-302.25	-

Black Dragon Gold ROCE % Calculation

Black Dragon Gold's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.095	/	( ( (1.372 - 0.213)	+	(0.368 - 0.083) )	/ 2 )
	=	-1.095	/	( (1.159	+	0.285)	/ 2 )
	=	-1.095	/	0.722
	=	-151.66 %

Black Dragon Gold'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 )
	=	-1.076	/	( ( (0.548 - 0.121)	+	(0.368 - 0.083) )	/ 2 )
	=	-1.076	/	( ( 0.427	+	0.285 )	/ 2 )
	=	-1.076	/	0.356
	=	-302.25 %

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

Black Dragon Gold (FRA:CDC) 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.

Black Dragon Gold ROCE % Related Terms

Thank you for viewing the detailed overview of Black Dragon Gold's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Black Dragon Gold (FRA:CDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Dragon Gold Corp (FRA:CDC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BDGCF:USA BDG:Australia

Address

65 Rodney Road, Ground Floor, Regent House, Gloucestershire, Cheltenham, GBR, GL50 1HX

Website

https://www.blackdragongold.com

Black Dragon Gold Corp is a Canada-based junior mining company. It is engaged in the acquisition, exploration of exploration and evaluation of assets located in Spain. The firm through its subsidiary, Exploraciones Mineras del Cantabrico SL (EMC), holds an interest in the Salave Gold Property.

Black Dragon Gold (FRA:CDC) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of SMITH, MOORE & CO.

By GuruFocus Research GuruFocus Editor • 08-13-2022

Top 5 1st Quarter Trades of SMITH, MOORE & CO.

By GuruFocus Research GuruFocus Editor • 05-12-2022

Garrett Wealth Advisory Group, LLC Buys Compass EMP US EQIncome 100 Enhanced Volatity Wtd, Sells Facebook Inc

By GuruFocus Research GuruFocus Editor • 07-27-2021