Juggernaut Exploration (TSXV:JUGR) ROCE % : -13.34% (As of Dec. 2023)

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

What is Juggernaut Exploration 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. Juggernaut Exploration's annualized ROCE % for the quarter that ended in Dec. 2023 was -13.34%.

Juggernaut Exploration ROCE % Historical Data

The historical data trend for Juggernaut Exploration'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.

Juggernaut Exploration ROCE % Chart

Juggernaut Exploration Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

-72.57

-13.47

-10.56

-0.93

-50.42

Juggernaut Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-5.34	-5.30	-15.45	-156.92	-13.34

Juggernaut Exploration ROCE % Calculation

Juggernaut Exploration's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-6.596	/	( ( (15.321 - 0.242)	+	(11.594 - 0.511) )	/ 2 )
	=	-6.596	/	( (15.079	+	11.083)	/ 2 )
	=	-6.596	/	13.081
	=	-50.42 %

Juggernaut Exploration'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 )
	=	-1.6	/	( ( (11.594 - 0.511)	+	(13.202 - 0.298) )	/ 2 )
	=	-1.6	/	( ( 11.083	+	12.904 )	/ 2 )
	=	-1.6	/	11.9935
	=	-13.34 %

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

Juggernaut Exploration (TSXV:JUGR) 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.

Juggernaut Exploration ROCE % Related Terms

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

Juggernaut Exploration (TSXV:JUGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Juggernaut Exploration Ltd (TSXV:JUGR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JUGRF:USA 4JE1:Germany

Address

1055 Hastings Street West, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.juggernautexploration.com

Juggernaut Exploration Ltd is engaged in acquiring, exploring, and evaluating mineral resource properties. The company's projects include the Bingo property, Midas property, and Empire property.

Executives

Dan Stuart

Director

Juggernaut Exploration (TSXV:JUGR) Headlines

No Headlines