EGMMF (Eagle Mountain Mining) ROCE % : -457.17% (As of Dec. 2024)

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What is Eagle Mountain Mining 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. Eagle Mountain Mining's annualized ROCE % for the quarter that ended in Dec. 2024 was -457.17%.

Eagle Mountain Mining ROCE % Historical Data

The historical data trend for Eagle Mountain Mining'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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Eagle Mountain Mining ROCE % Chart

Eagle Mountain Mining Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-59.45

-150.10

-142.21

-64.99

-37.61

Eagle Mountain Mining Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial								-69.87	-64.70	-40.87	-51.72	-457.17

Eagle Mountain Mining ROCE % Calculation

Eagle Mountain Mining's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-3.813	/	( ( (12.384 - 0.591)	+	(12.631 - 4.146) )	/ 2 )
	=	-3.813	/	( (11.793	+	8.485)	/ 2 )
	=	-3.813	/	10.139
	=	-37.61 %

Eagle Mountain Mining's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-16.538	/	( ( (12.631 - 4.146)	+	(2.544 - 3.794) )	/ 2 )
	=	-16.538	/	( ( 8.485	+	-1.25 )	/ 2 )
	=	-16.538	/	3.6175
	=	-457.17 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Eagle Mountain Mining (OTCPK:EGMMF) 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.

Eagle Mountain Mining ROCE % Related Terms

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Eagle Mountain Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eagle Mountain Mining Ltd (OTCPK:EGMMF) » Definitions » ROCE %

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Traded in Other Exchanges

EM2:Australia

Address

22 Stirling Highway, Ground Floor, Nedlands, Perth, WA, AUS, 6009

Website

https://eaglemountain.com.au

Eagle Mountain Mining Ltd is engaged in the exploration and evaluation of properties. The company explores for copper, gold, silver and porphyry copper deposits. Its project portfolios include Silver Mountain and Oracle Ridge. Its geographical segments include Australia and the United States of America.

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