New Klondike Exploration (New Klondike Exploration) ROCE % : 0.00% (As of Aug. 2023)

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What is New Klondike 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. New Klondike Exploration's annualized ROCE % for the quarter that ended in Aug. 2023 was 0.00%.

New Klondike Exploration ROCE % Historical Data

The historical data trend for New Klondike 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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New Klondike Exploration ROCE % Chart

New Klondike Exploration Annual Data

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ROCE %

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New Klondike Exploration Quarterly Data
	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Nov16	Nov17	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Aug22	Aug23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

New Klondike Exploration ROCE % Calculation

New Klondike Exploration's annualized ROCE % for the fiscal year that ended in Nov. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2020 )		(A: Nov. 2019 )		(A: Nov. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2020 )		(A: Nov. 2019 )		(A: Nov. 2020 )
	=	-0.092	/	( ( (0.001 - 0.106)	+	(0.005 - 0.203) )	/ 2 )
	=	-0.092	/	( (-0.105	+	-0.198)	/ 2 )
	=	-0.092	/	-0.1515
	=	60.73 %

New Klondike Exploration's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: Aug. 2022 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: Aug. 2022 )		(Q: Aug. 2023 )
	=	-0.008	/	( ( (0 - 0)	+	(0.013 - 0.034) )	/ 1 )
	=	-0.008	/	( ( 0	+	-0.021 )	/ 1 )
	=	-0.008	/	-0.021
	=	0 %

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

New Klondike Exploration (OTCPK:URPLF) 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.

New Klondike Exploration ROCE % Related Terms

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New Klondike Exploration (New Klondike Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Klondike Exploration Ltd (OTCPK:URPLF) » Definitions » ROCE %

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Address

100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

http://www.newklondike.com

New Klondike Exploration Ltd is a junior exploration company. It is engaged in the acquisition, exploration, and development of mineral properties. Its mineral exploration projects include the Goldstorm project, the Nickel Offsets property, and the Santa Maria project.

New Klondike Exploration (New Klondike Exploration) Headlines

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