Power Metals (Power Metals) ROCE %

: -9.92% (As of Nov. 2023)

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

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. Power Metals's annualized ROCE % for the quarter that ended in Nov. 2023 was -9.92%.

Power Metals ROCE % Historical Data

The historical data trend for Power Metals'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.

Power Metals Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

-28.83

-32.48

-15.34

-20.81

-29.19

Power Metals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %																-19.69	-14.08	-17.76	-55.71	-9.92

Power Metals ROCE % Calculation

Power Metals's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-1.855	/	( ( (6.197 - 0.597)	+	(9.604 - 2.495) )	/ 2 )
	=	-1.855	/	( (5.6	+	7.109)	/ 2 )
	=	-1.855	/	6.3545
	=	-29.19 %

Power Metals'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 )
	=	-0.716	/	( ( (10.077 - 2.753)	+	(9.604 - 2.495) )	/ 2 )
	=	-0.716	/	( ( 7.324	+	7.109 )	/ 2 )
	=	-0.716	/	7.2165
	=	-9.92 %

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

Power Metals (OTCPK:PWRMF) 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.

Power Metals ROCE % Related Terms

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

Power Metals (Power Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Metals Corp (OTCPK:PWRMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OAA1:Germany PWM:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.powermetalscorp.com

Power Metals Corp is a Canada based company engaged in the business of acquisition, exploration, and evaluation of resource properties. Its properties include Case Lake Property and Paterson Lake and Gullwing Tot.

Power Metals (Power Metals) Headlines

From GuruFocus

The Power Play by The Market Herald Interviews Johnathan More of Power Metals

By ACCESSWIRE ACCESSWIRE • 12-22-2021

Power Metals Announces Discovery of New "West Joe Dyke" Spodumene Pegmatite

By PRNewswire PRNewswire • 08-23-2018

Power Metals Intersects High-Grade Spodumene in 35 m of Pegmatite at Case Lake

By PRNewswire PRNewswire • 09-06-2018

Case Lake Lithium Project Bulk Sample Testing Underway

By PRNewswire PRNewswire • 07-31-2018

Power Metals Announces Assays Up To 4.43% Li2O From Paterson Lake Mapping Program

By PRNewswire PRNewswire • 07-30-2018

The Power Play by The Market Herald Releases New Interview with Power Metals

By ACCESSWIRE ACCESSWIRE • 04-19-2022