SolidusGold (TSXV:SDC) ROCE % : 0.00% (As of Jun. 2022)

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What is SolidusGold 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. SolidusGold's annualized ROCE % for the quarter that ended in Jun. 2022 was 0.00%.

SolidusGold ROCE % Historical Data

The historical data trend for SolidusGold'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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SolidusGold ROCE % Chart

SolidusGold Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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-375.19

-178.08

-188.81

SolidusGold Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial															-42.93	-48.19	-401.29	-	-

SolidusGold ROCE % Calculation

SolidusGold's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-0.668	/	( ( (0.574 - 0.279)	+	(0.417 - 0.772) )	/ 2 )
	=	-0.668	/	( (0.295	+	-0.355)	/ 2 )
	=	-0.668	/	-0.03
	=	2,226.67 %

SolidusGold's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	-0.28	/	( ( (0.417 - 0.772)	+	(0.473 - 0.798) )	/ 2 )
	=	-0.28	/	( ( -0.355	+	-0.325 )	/ 2 )
	=	-0.28	/	-0.34
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

SolidusGold (TSXV:SDC) 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.

SolidusGold ROCE % Related Terms

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SolidusGold (TSXV:SDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SolidusGold Inc (TSXV:SDC) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

http://www.solidusau.com

SolidusGold Inc is a company engaged in the exploration and development of precious and base metals. The company holds an interest in the Honeymoon property. Its Honeymoon property is an early stage gold-silver-copper property located on the west side of Adams Lake, British Columbia.

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