BGAVF (Bravada Gold) ROCE % : 0.00% (As of Jul. 2024)

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What is Bravada Gold 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. Bravada Gold's annualized ROCE % for the quarter that ended in Jul. 2024 was 0.00%.

Bravada Gold ROCE % Historical Data

The historical data trend for Bravada 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.

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Bravada Gold ROCE % Chart

Bravada Gold Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

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-955.84

-496.65

Bravada Gold Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Bravada Gold ROCE % Calculation

Bravada Gold's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-0.366	/	( ( (0.339 - 0.504)	+	(0.505 - 0.619) )	/ 2 )
	=	-0.366	/	( (-0.165	+	-0.114)	/ 2 )
	=	-0.366	/	-0.1395
	=	262.37 %

Bravada Gold's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	0.004	/	( ( (0.461 - 0.651)	+	(0.505 - 0.619) )	/ 2 )
	=	0.004	/	( ( -0.19	+	-0.114 )	/ 2 )
	=	0.004	/	-0.152
	=	0 %

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

Bravada Gold (OTCPK:BGAVF) 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.

Bravada Gold ROCE % Related Terms

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Bravada Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bravada Gold Corp (OTCPK:BGAVF) » Definitions » ROCE %

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BRTN:Germany BVA:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.bravadagold.com

Bravada Gold Corp is an exploration-stage company. The firm engages in the acquisition and exploration of natural mineral resource properties. Its primary focus has been the exploration of precious metals in Nevada. Its portfolio of properties covers from early-stage exploration to advanced-stage exploration and pre-development. It currently focuses its exploration activities on Wind Mountain, Baxter, Drayton East Manhattan and others.

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