Orea Mining (TSX:OREA) ROCE % : 0.00% (As of Jun. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Orea Mining 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. Orea Mining's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Orea Mining ROCE % Historical Data

The historical data trend for Orea Mining'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.

Orea Mining ROCE % Chart

Orea Mining Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

ROCE %

Get a 7-Day Free Trial

-7.46

-11.66

-4.16

-7.39

-191.55

Orea Mining Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-769.16	-	-	-	-

Orea Mining ROCE % Calculation

Orea Mining's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	-37.079	/	( ( (40.056 - 0.457)	+	(0.274 - 1.158) )	/ 2 )
	=	-37.079	/	( (39.599	+	-0.884)	/ 2 )
	=	-37.079	/	19.3575
	=	-191.55 %

Orea Mining's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-1.944	/	( ( (1.055 - 1.234)	+	(0.52 - 1.156) )	/ 2 )
	=	-1.944	/	( ( -0.179	+	-0.636 )	/ 2 )
	=	-1.944	/	-0.4075
	=	0 %

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

Orea Mining (TSX:OREA) 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.

Orea Mining ROCE % Related Terms

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

Orea Mining (TSX:OREA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orea Mining Corp (TSX:OREA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OREAF:USA 3CG:Germany

Address

1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9

Website

https://www.oreamining.com

Orea Mining Corp is a gold exploration and development company. The company's principal business activities are the exploration and development of resource properties which are located in French Guiana, France. It operates two projects namely the Maripa project and Montagne d'Or Gold deposit.

Executives

Robert Giustra

Director, Senior Officer

Orea Mining (TSX:OREA) Headlines

No Headlines