Besra Gold (FRA:OP6) ROCE % : -49.65% (As of Dec. 2023)

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What is Besra 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. Besra Gold's annualized ROCE % for the quarter that ended in Dec. 2023 was -49.65%.

Besra Gold ROCE % Historical Data

The historical data trend for Besra 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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Besra Gold ROCE % Chart

Besra Gold Annual Data

Trend

Dec10

Dec11

Jun13

Jun22

Jun23

ROCE %

-1.20

11.57

-14.28

-11.19

-5.69

Besra Gold Semi-Annual Data
	Dec10	Dec11	Jun13	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial				-42.82	11.25	-4.02	-6.71	-49.65

Besra Gold ROCE % Calculation

Besra Gold's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-1.063	/	( ( (18.733 - 0.657)	+	(20.178 - 0.912) )	/ 2 )
	=	-1.063	/	( (18.076	+	19.266)	/ 2 )
	=	-1.063	/	18.671
	=	-5.69 %

Besra 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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-16.232	/	( ( (20.178 - 0.912)	+	(46.859 - 0.737) )	/ 2 )
	=	-16.232	/	( ( 19.266	+	46.122 )	/ 2 )
	=	-16.232	/	32.694
	=	-49.65 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Besra Gold (FRA:OP6) 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.

Besra Gold ROCE % Related Terms

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Besra Gold (FRA:OP6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Besra Gold Inc (FRA:OP6) » Definitions » ROCE %

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Traded in Other Exchanges

V79:Germany BEZ:Australia

Address

63 Fort Street, Level 1, Auckland, NZL, 1010

Website

https://www.besra.com

Besra Gold Inc is a gold producer focused on Southeast Asia. It is engaged in the acquisition, exploration, development, mining of gold-bearing properties in Southeast Asia. Its properties include the Bau Goldfield in East Malaysia, Bong Mieu and Phuoc Son in Central Vietnam, and Capcapo in the Philippines. It also has operations in Malaysia, the Philippines, Laos and Cambodia.

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