Geopacific Resources (ASX:GPR) ROCE % : -11.79% (As of Jun. 2024)

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What is Geopacific 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. Geopacific Resources's annualized ROCE % for the quarter that ended in Jun. 2024 was -11.79%.

Geopacific Resources ROCE % Historical Data

The historical data trend for Geopacific 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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Geopacific Resources ROCE % Chart

Geopacific Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-10.52

-4.90

-40.19

-64.11

-14.01

Geopacific Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-5.40	-120.54	-13.75	-13.22	-11.79

Geopacific Resources ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-10.499	/	( ( (85.162 - 5.589)	+	(76.713 - 6.453) )	/ 2 )
	=	-10.499	/	( (79.573	+	70.26)	/ 2 )
	=	-10.499	/	74.9165
	=	-14.01 %

Geopacific Resources's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-8.116	/	( ( (76.713 - 6.453)	+	(75.593 - 8.16) )	/ 2 )
	=	-8.116	/	( ( 70.26	+	67.433 )	/ 2 )
	=	-8.116	/	68.8465
	=	-11.79 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Geopacific Resources (ASX:GPR) 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.

Geopacific Resources ROCE % Related Terms

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Geopacific Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geopacific Resources Ltd (ASX:GPR) » Definitions » ROCE %

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GPACF:USA

Address

278 Stirling Highway, Level 1, Claremont, Perth, WA, AUS, 6010

Website

https://www.geopacific.com.au

Geopacific Resources Ltd is an Australia-based company engaged in the mineral development and exploration focused on gold deposits in Papua New Guinea. The company's project are Woodlark Gold Project. The Group was organized into three operating segments based on geographical locations, which involve mineral exploration and development in PNG and all other segments, which incorporate the minor activities conducted during the period in Cambodia and Fiji. All other corporate expenses are disclosed as "Corporate" within this segment report.

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