Quantum Battery Metals Co (Quantum Battery Metals Co) ROCE % : -25.64% (As of Oct. 2023)

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What is Quantum Battery Metals Co 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. Quantum Battery Metals Co's annualized ROCE % for the quarter that ended in Oct. 2023 was -25.64%.

Quantum Battery Metals Co ROCE % Historical Data

The historical data trend for Quantum Battery Metals Co'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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Quantum Battery Metals Co ROCE % Chart

Quantum Battery Metals Co Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

ROCE %

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-14.42

-259.05

-1,200.00

Quantum Battery Metals Co Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-	-48.71	-13.93	-84.50	-25.64

Quantum Battery Metals Co ROCE % Calculation

Quantum Battery Metals Co's annualized ROCE % for the fiscal year that ended in Jan. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	-0.492	/	( ( (0.711 - 1.715)	+	(2.268 - 1.182) )	/ 2 )
	=	-0.492	/	( (-1.004	+	1.086)	/ 2 )
	=	-0.492	/	0.041
	=	-1,200.00 %

Quantum Battery Metals Co's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	-0.704	/	( ( (4.161 - 1.271)	+	(3.867 - 1.266) )	/ 2 )
	=	-0.704	/	( ( 2.89	+	2.601 )	/ 2 )
	=	-0.704	/	2.7455
	=	-25.64 %

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

Quantum Battery Metals Co (OTCPK:BRVVF) 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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Quantum Battery Metals Co (Quantum Battery Metals Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quantum Battery Metals Co (OTCPK:BRVVF) » Definitions » ROCE %

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23B0:Germany QBAT:Canada

Address

400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6

Website

https://www.quantumbatterymetals.com

Quantum Battery Metals Co is a mineral exploration company in Canada. It is currently in the process of identifying, exploring, and developing mineral properties. The projects of the company include the Kelso Lithium Property, Nipissing Lorrain Cobalt property, Kahuna Cobalt, Albanel Lithium Property, Property Rabbit Cobalt property, Lac Mistumis Lithium Property, and Rose West Lithium Property.