CBULF (Gratomic) ROCE %: -8.92% (As of Sep. 2024)


What is Gratomic ROCE %?

Gratomic CBULF -99.99% ROCE % is -8.92% as of Sep. 2024.

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. Gratomic's annualized ROCE % for the quarter that ended in Sep. 2024 was -8.92%.

Gratomic  (OTCPK:CBULF) 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.

Gratomic ROCE % Related Terms

Gratomic ROCE % Historical Data

* Premium members only.

The historical data trend for Gratomic'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.

Gratomic ROCE % Chart

Gratomic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.14 -43.08 -135.65 -31.12 -23.14

Gratomic Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only -4.11 -75.52 -16.42 -8.67 -8.92

Gratomic ROCE % Calculation

Gratomic'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 )
=-3.953/( ( (19.631 - 2.194) + (20.464 - 3.73) )/ 2 )
=-3.953/( (17.437+16.734)/ 2 )
=-3.953/17.0855
=-23.14 %

Gratomic's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-1.364/( ( (19.839 - 4.475) + (20.027 - 4.793) )/ 2 )
=-1.364/( ( 15.364 + 15.234 )/ 2 )
=-1.364/15.299
=-8.92 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -8.92% mean?
Gratomic (CBULF) has a ROCE % of -8.92% as of Sep. 2024.
Is Gratomic's ROCE % too high?
Gratomic's current ROCE % is -8.92%.
How does Gratomic's ROCE % compare to LBRMF and HMBL?
Gratomic's ROCE % of -8.92% 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. Gratomic's current ROCE % is -8.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gratomic stock overvalued right now?
Gratomic (CBULF) has a current ROCE % of -8.92%. The current ROCE % is -8.92%. 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 Gratomic (CBULF), the current ROCE % is -8.92% as of Sep. 2024. 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.

Gratomic Business Description

Address 22 Adelaide Street West, Bay Adelaide Centre - East Tower, Suite 3600, Toronto, ON, CAN, M5H 4E3
Gratomic Inc is a junior exploration company engaged in the acquisition, exploration and development of Graphite & minerals properties in Namibia, Brazil, and Canada. Its project includes The Aukam Graphite Project is located in southern Namibia, The Buckingham Graphite property, Capim Grosso and Jacobina & Igrapiuna Graphite Projects.