AMNP (American Sierra Gold) ROCE %: -0.42% (As of Jul. 2023)


What is American Sierra Gold ROCE %?

American Sierra Gold AMNP +7.40% ROCE % is -0.42% as of Jul. 2023.

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. American Sierra Gold's annualized ROCE % for the quarter that ended in Jul. 2023 was -0.42%.

American Sierra Gold  (OTCPK:AMNP) 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.

American Sierra Gold ROCE % Related Terms

American Sierra Gold ROCE % Historical Data

* Premium members only.

The historical data trend for American Sierra Gold'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.

American Sierra Gold ROCE % Chart

American Sierra Gold Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul23
ROCE %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.42

American Sierra Gold Semi-Annual Data
Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul23
ROCE % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -0.42

American Sierra Gold ROCE % Calculation

American Sierra Gold's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2013 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2013 )(A: Jul. 2023 )
=-0.011/( ( (0 - 0.057) + (5.297 - 0.06) )/ 2 )
=-0.011/( (-0.057+5.237)/ 2 )
=-0.011/2.59
=-0.42 %

American Sierra Gold's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2023 )  (Q: Jul. 2013 )(Q: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2023 )  (Q: Jul. 2013 )(Q: Jul. 2023 )
=-0.011/( ( (0 - 0.057) + (5.297 - 0.06) )/ 2 )
=-0.011/( ( -0.057 + 5.237 )/ 2 )
=-0.011/2.59
=-0.42 %

(1) Note: The EBIT data used here is one times the annual (Jul. 2023) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.42% mean?
American Sierra Gold (AMNP) has a ROCE % of -0.42% as of Jul. 2023.
Is American Sierra Gold's ROCE % too high?
American Sierra Gold's current ROCE % is -0.42%.
How does American Sierra Gold's ROCE % compare to AUMN and SRGZ?
American Sierra Gold's ROCE % of -0.42% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. American Sierra Gold's current ROCE % is -0.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Sierra Gold stock overvalued right now?
American Sierra Gold (AMNP) has a current ROCE % of -0.42%. The current ROCE % is -0.42%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For American Sierra Gold (AMNP), the current ROCE % is -0.42% as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Sierra Gold Business Description

Address 9449 Priority Way West Drive, Suite 140, Indianapolis, IN, USA, 46240
American Sierra Gold Corp is a precious metal mineral acquisition, exploration and development company. It is focused on the exploration of gold and silver.