Resource Capital Gold (Resource Capital Gold) ROCE % : 5.72% (As of Sep. 2018)

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

What is Resource Capital 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. Resource Capital Gold's annualized ROCE % for the quarter that ended in Sep. 2018 was 5.72%.

Resource Capital Gold ROCE % Historical Data

The historical data trend for Resource Capital 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.

Resource Capital Gold ROCE % Chart

Resource Capital Gold Annual Data

Trend

Apr09

Apr10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

ROCE %

Get a 7-Day Free Trial

-12.76

-20.83

-210.93

-50.08

8.41

Resource Capital Gold 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															9.70	53.89	-0.86	56.54	5.72

Resource Capital Gold ROCE % Calculation

Resource Capital Gold's annualized ROCE % for the fiscal year that ended in Jun. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2018 )		(A: Jun. 2017 )		(A: Jun. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2018 )		(A: Jun. 2017 )		(A: Jun. 2018 )
	=	0.817	/	( ( (18.871 - 11.696)	+	(25.21 - 12.957) )	/ 2 )
	=	0.817	/	( (7.175	+	12.253)	/ 2 )
	=	0.817	/	9.714
	=	8.41 %

Resource Capital Gold'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 )
	=	0.696	/	( ( (25.21 - 12.957)	+	(25.224 - 13.144) )	/ 2 )
	=	0.696	/	( ( 12.253	+	12.08 )	/ 2 )
	=	0.696	/	12.1665
	=	5.72 %

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

Resource Capital Gold (OTCPK:GDPEF) 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.

Resource Capital Gold ROCE % Related Terms

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

Resource Capital Gold (Resource Capital Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Capital Gold Corp (OTCPK:GDPEF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rcgcorp.ca

Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire • 03-16-2018

Resource Capital Gold Corp Announces Filing For Stay Of Proceedings On Creditors

By GlobeNewswire GlobeNewswire • 01-30-2019

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire • 11-03-2018