Tempus Resources (TSXV:TMRR) ROCE % : -9.56% (As of Dec. 2023)

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What is Tempus Resources 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. Tempus Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -9.56%.

Tempus Resources ROCE % Historical Data

The historical data trend for Tempus Resources'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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Tempus Resources ROCE % Chart

Tempus Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

-21.61

-41.12

-29.83

-12.22

-27.44

Tempus Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-13.16	-10.06	-5.57	-43.88	-9.56

Tempus Resources ROCE % Calculation

Tempus Resources's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-4.894	/	( ( (16.873 - 1.29)	+	(21.029 - 0.942) )	/ 2 )
	=	-4.894	/	( (15.583	+	20.087)	/ 2 )
	=	-4.894	/	17.835
	=	-27.44 %

Tempus Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.89	/	( ( (21.029 - 0.942)	+	(20.158 - 0.704) )	/ 2 )
	=	-1.89	/	( ( 20.087	+	19.454 )	/ 2 )
	=	-1.89	/	19.7705
	=	-9.56 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Tempus Resources (TSXV:TMRR) 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.

Tempus Resources ROCE % Related Terms

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Tempus Resources (TSXV:TMRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tempus Resources Ltd (TSXV:TMRR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TMRFF:USA 4W0:Germany TMR:Australia

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.tempusresources.com.au

Tempus Resources Ltd is a mineral exploration company that focuses on exploring and developing Gold, copper, and other mineral opportunities. The projects of the company include the Claypan Dam Project, Montejinni Project, Blackdome-Elizabeth Gold Project, and Zamora Project. Its operating segments are Corporate activities Australia, Exploration Activities Canada and Exploration Activities Educador.

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