Puma Exploration (TSXV:PUMA) ROCE % : -10.49% (As of Nov. 2023)

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What is Puma 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. Puma Exploration's annualized ROCE % for the quarter that ended in Nov. 2023 was -10.49%.

Puma Exploration ROCE % Historical Data

The historical data trend for Puma 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.

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Puma Exploration ROCE % Chart

Puma Exploration Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

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-3.88

-155.37

-24.50

-18.99

-9.73

Puma Exploration Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-11.90	4.90	-9.30	-16.55	-10.49

Puma Exploration ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-1.294	/	( ( (14.753 - 1.859)	+	(13.995 - 0.297) )	/ 2 )
	=	-1.294	/	( (12.894	+	13.698)	/ 2 )
	=	-1.294	/	13.296
	=	-9.73 %

Puma Exploration's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-1.604	/	( ( (16.203 - 0.592)	+	(15.468 - 0.509) )	/ 2 )
	=	-1.604	/	( ( 15.611	+	14.959 )	/ 2 )
	=	-1.604	/	15.285
	=	-10.49 %

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

Puma Exploration (TSXV:PUMA) 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.

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Puma Exploration (TSXV:PUMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Puma Exploration Inc (TSXV:PUMA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PUMXF:USA

Address

175, Legare Street, Rimouski, QC, CAN, G5L 3B9

Website

http://www.explorationpuma.com

Puma Exploration Inc is a Canadian-based mineral exploration company. It focuses on the discovery of precious metals orebodies in the Bathurst Mining Camp (BMC) in New Brunswick. The company made several gold discoveries at its flagship Williams Brook property. Puma is focused on generating maximum shareholder value through its development, exploration, acquisition, and royalties (DEAR) strategy.

Executives

Marcel Robillard

Director, Senior Officer

Puma Exploration (TSXV:PUMA) Headlines

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