Carlyle Commodities (XCNQ:CCC) ROCE % : -59.72% (As of Nov. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Carlyle Commodities 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. Carlyle Commodities's annualized ROCE % for the quarter that ended in Nov. 2023 was -59.72%.

Carlyle Commodities ROCE % Historical Data

The historical data trend for Carlyle Commodities'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.

Carlyle Commodities ROCE % Chart

Carlyle Commodities Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

Get a 7-Day Free Trial

-200.39

-106.24

-87.84

-72.78

-43.44

Carlyle Commodities Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-92.34	-67.69	-66.33	-31.37	-59.72

Carlyle Commodities ROCE % Calculation

Carlyle Commodities's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-2.351	/	( ( (5.026 - 0.199)	+	(6.64 - 0.642) )	/ 2 )
	=	-2.351	/	( (4.827	+	5.998)	/ 2 )
	=	-2.351	/	5.4125
	=	-43.44 %

Carlyle Commodities'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 )
	=	-3.692	/	( ( (6.956 - 0.534)	+	(6.27 - 0.327) )	/ 2 )
	=	-3.692	/	( ( 6.422	+	5.943 )	/ 2 )
	=	-3.692	/	6.1825
	=	-59.72 %

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

Carlyle Commodities (XCNQ:CCC) 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.

Carlyle Commodities ROCE % Related Terms

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

Carlyle Commodities (XCNQ:CCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Carlyle Commodities Corp (XCNQ:CCC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CCCFF:USA

Address

1500 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.carlylecommodities.com

Carlyle Commodities Corp focuses on the acquisition, exploration, and development of mineral resource properties. Through its subsidiary, it owns the Newton Gold Project located in the Clinton Mining Division of the Province of British Columbia. Its other projects include Cecilia Gold-Silver Property, located in the State of Sonora, and Sunset Mining Property, located in British Columbia.

Carlyle Commodities (XCNQ:CCC) Headlines

No Headlines