GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » U.S. Gold Corp (NAS:USAU) » Definitions » ROCE %

U.S. Gold (U.S. Gold) ROCE % : -26.61% (As of Jan. 2024)


View and export this data going back to 1984. Start your Free Trial

What is U.S. Gold 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. U.S. Gold's annualized ROCE % for the quarter that ended in Jan. 2024 was -26.61%.


U.S. Gold ROCE % Historical Data

The historical data trend for U.S. Gold'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.

U.S. Gold ROCE % Chart

U.S. Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.33 -67.23 -61.35 -52.40 -37.48

U.S. Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.45 -38.17 -52.11 -34.57 -26.61

U.S. Gold ROCE % Calculation

U.S. Gold's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=-9.401/( ( (27.503 - 1.136) + (24.184 - 0.379) )/ 2 )
=-9.401/( (26.367+23.805)/ 2 )
=-9.401/25.086
=-37.48 %

U.S. Gold's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-5.1/( ( (20.249 - 0.488) + (18.862 - 0.289) )/ 2 )
=-5.1/( ( 19.761 + 18.573 )/ 2 )
=-5.1/19.167
=-26.61 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

* 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.


U.S. Gold  (NAS:USAU) 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.


U.S. Gold ROCE % Related Terms

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


U.S. Gold (U.S. Gold) Business Description

Traded in Other Exchanges
Address
1910 East Idaho Street, Suite 102-Box 604, Elko, NV, USA, 89801
U.S. Gold Corp is an exploration and development company that owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada, and the Challis Gold Project in Idaho.
Executives
Ryan K Zinke director 409 W 2ND STREET, WHITEFISH MT 59932
Luke Anthony Norman director 1910 E. IDAHO STREET, SUITE 102-BOX 604, ELKO NV 89801
George M Bee officer: President 30 OLD MILL ROAD, SUITE 806, ETOBICOKE A6 M8X 0A5
Robert W Schafer director C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801
Michael N Waldkirch director C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801
Kevin A. Francis officer: VP - Exploration 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126
Eric Alexander officer: CFO, Secretary 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Tara Gilfillan director C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801
Ted Riley Sharp officer: Chief Financial Officer 714 WHISPERWOOD COURT, NAMPA ID 83686
Edward M Karr director RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204
Douglas J Newby director 120 BROADWAY, SUITE 1010, NEW YORK NY 10271
David C. Mathewson officer: Vice President of Exploration 1265 MESA DRIVE, FERNLEY NV 89408
David Rector officer: COO U.S. Gold Corp.
Robert J Delaversano officer: Principal Financial Officer 217 W. MAIN STREET, SOMERVILLE NJ 08876
Andrew J Kaplan director SUITE 200 623 RIVER ROAD, FAIR HAVEN NJ 07704