Golden Mile Resources (ASX:G88) ROCE %: -144.59% (As of Dec. 2025)


What is Golden Mile Resources ROCE %?

Golden Mile Resources ASX:G88 ROCE % is -144.59% as of Dec. 2025. The stock has 2 warning signs investors should review.

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. Golden Mile Resources's annualized ROCE % for the quarter that ended in Dec. 2025 was -144.59%.

Golden Mile Resources  (ASX:G88) 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.

Golden Mile Resources ROCE % Related Terms

Golden Mile Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Golden Mile 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.

Golden Mile Resources ROCE % Chart

Golden Mile Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only -61.64 -27.25 -24.48 -25.34 -82.59

Golden Mile Resources Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 -24.69 -27.83 -35.14 -126.89 -144.59

Golden Mile Resources ROCE % Calculation

Golden Mile Resources's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-4.043/( ( (6.398 - 0.165) + (3.98 - 0.423) )/ 2 )
=-4.043/( (6.233+3.557)/ 2 )
=-4.043/4.895
=-82.59 %

Golden Mile Resources's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-4.026/( ( (3.98 - 0.423) + (2.329 - 0.317) )/ 2 )
=-4.026/( ( 3.557 + 2.012 )/ 2 )
=-4.026/2.7845
=-144.59 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -144.59% mean?
Golden Mile Resources (ASX:G88) has a ROCE % of -144.59% as of Dec. 2025.
Is Golden Mile Resources' ROCE % too high?
Golden Mile Resources' current ROCE % is -144.59%.
How does Golden Mile Resources' ROCE % compare to competitors?
Golden Mile Resources' ROCE % of -144.59% 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. Golden Mile Resources's current ROCE % is -144.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Mile Resources stock overvalued right now?
Golden Mile Resources (ASX:G88) has a current ROCE % of -144.59%. The current ROCE % is -144.59%. 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 Golden Mile Resources (ASX:G88), the current ROCE % is -144.59% as of Dec. 2025. 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.

Golden Mile Resources Business Description

Address 96 Elizabeth Street, Suite 324, Level 3, The Block Arcade, Melbourne, VIC, AUS, 3000
Golden Mile Resources Ltd is an Australian based exploration company that owns several resource tenements in Western Australia and is actively exploring the tenements for gold, nickel and cobalt and related resources. Its projects include Quicksilver Nickel-Cobalt Project, Minara Nickel-Cobalt Project, Ironstone Well Au Project, Murchison Lithium and Gold, Yarrambee Project, Yuinmery Project, Gidgee Polymetallic Project and Leonora East Gold Project. The principal business and geographical segment of the company is Mineral Exploration within Western Australia.