Goldoz (Goldoz) ROCE % : 0.00% (As of Dec. 2021)

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

What is Goldoz 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. Goldoz's annualized ROCE % for the quarter that ended in Dec. 2021 was 0.00%.

Goldoz ROCE % Historical Data

The historical data trend for Goldoz'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.

Goldoz ROCE % Chart

Goldoz Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

ROCE %

Get a 7-Day Free Trial

-36.48

-64.42

-76.45

-19.52

Goldoz Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
ROCE %	Get a 7-Day Free Trial															-60.03	84.00	-	-	-

Goldoz ROCE % Calculation

Goldoz's annualized ROCE % for the fiscal year that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2021 )		(A: Jun. 2020 )		(A: Jun. 2021 )
	=	0.427	/	( ( (5.186 - 4.273)	+	(0.424 - 1.683) )	/ 2 )
	=	0.427	/	( (0.913	+	-1.259)	/ 2 )
	=	0.427	/	-0.173
	=	-246.82 %

Goldoz's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Jun. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Jun. 2021 )		(Q: Dec. 2021 )
	=	-1.002	/	( ( (0.424 - 1.683)	+	(0.362 - 1.71) )	/ 2 )
	=	-1.002	/	( ( -1.259	+	-1.348 )	/ 2 )
	=	-1.002	/	-1.3035
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2021) EBIT data.

Goldoz (OTCPK:MTTGF) 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.

Goldoz ROCE % Related Terms

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

Goldoz (Goldoz) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldoz Ltd (OTCPK:MTTGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Bowman Street, Level 1, South Perth, Perth, WA, AUS, 6151

Website

https://www.goldozlimited.com

Goldoz Ltd is engaged in the exploration and mining of ruby, diamond, and graphite in Mozambique. It is focused on the development of the Caula Vanadium-Graphite Project in Northern Mozambique and the Montepuez Ruby project.

Goldoz (Goldoz) Headlines

No Headlines