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Troilus Gold (TSX:TLG) ROC (Joel Greenblatt) % : -315.63% (As of Oct. 2024)


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What is Troilus Gold ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Troilus Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was -315.63%.

The historical rank and industry rank for Troilus Gold's ROC (Joel Greenblatt) % or its related term are showing as below:

TSX:TLG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2959.34   Med: -618.46   Max: -95.41
Current: -303.18

During the past 13 years, Troilus Gold's highest ROC (Joel Greenblatt) % was -95.41%. The lowest was -2959.34%. And the median was -618.46%.

TSX:TLG's ROC (Joel Greenblatt) % is ranked worse than
89.28% of 2528 companies
in the Metals & Mining industry
Industry Median: -20.915 vs TSX:TLG: -303.18

Troilus Gold's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.20% per year.


Troilus Gold ROC (Joel Greenblatt) % Historical Data

The historical data trend for Troilus Gold's ROC (Joel Greenblatt) % 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.

Troilus Gold ROC (Joel Greenblatt) % Chart

Troilus Gold Annual Data
Trend Dec14 Dec15 Dec16 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -455.68 -1,327.95 -616.56 -95.41 -618.46

Troilus Gold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24 Jul24 Oct24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -960.20 -1,140.08 -385.34 -543.38 -315.63

Competitive Comparison of Troilus Gold's ROC (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Troilus Gold's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Troilus Gold's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Troilus Gold's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Troilus Gold's ROC (Joel Greenblatt) % falls into.



Troilus Gold ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.672) - (5.489 + 0 + 0.174)
=-4.991

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.619) - (3.821 + 0 + 0.199)
=-3.401

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Troilus Gold for the quarter that ended in Oct. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.66/( ( (5.543 + max(-4.991, 0)) + (6.281 + max(-3.401, 0)) )/ 2 )
=-18.66/( ( 5.543 + 6.281 )/ 2 )
=-18.66/5.912
=-315.63 %

Note: The EBIT data used here is four times the quarterly (Oct. 2024) EBIT data.

* 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.


Troilus Gold  (TSX:TLG) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Troilus Gold ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Troilus Gold's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Troilus Gold Business Description

Traded in Other Exchanges
Address
715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7
Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus Project ranks among Canada's undeveloped gold-copper assets and is set to emerge as one of the country's finest future producers. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.
Executives
Brigitte Linda Marie Berneche Director
Christopher Justin Reid Director, Senior Officer
Eric Lamontagne Director
Diane E. Lai Director
John Hadjigeorgiou Director
Pierre Stewart Pettigrew Director
Catherine Stretch Senior Officer
Thomas Olesinski Director
Daniel Bergeron Senior Officer
Paul Pint Senior Officer
Caroline Arsenault Senior Officer
Blake Hylands Senior Officer
Brianna Kirsten Davies Senior Officer
Denis Arsenault Senior Officer
Sulliden Mining Capital Inc. 10% Security Holder

Troilus Gold Headlines

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