CEXPF (Cache Exploration) ROCE %: -186.39% (As of Dec. 2020)


What is Cache Exploration ROCE %?

Cache Exploration CEXPF -99.00% ROCE % is -186.39% as of Dec. 2020.

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. Cache Exploration's annualized ROCE % for the quarter that ended in Dec. 2020 was -186.39%.

Cache Exploration  (OTCPK:CEXPF) 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.

Cache Exploration ROCE % Related Terms

Cache Exploration ROCE % Historical Data

* Premium members only.

The historical data trend for Cache Exploration'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.

Cache Exploration ROCE % Chart

Cache Exploration Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -350.77 -343.21 -87.79 -64.81 -88.41

Cache Exploration Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -41.51 -35.34 -66.42 -283.84 -186.39

Cache Exploration ROCE % Calculation

Cache Exploration's annualized ROCE % for the fiscal year that ended in Sep. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2020 )  (A: Sep. 2019 )(A: Sep. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2020 )  (A: Sep. 2019 )(A: Sep. 2020 )
=-0.774/( ( (1.323 - 0.656) + (1.937 - 0.853) )/ 2 )
=-0.774/( (0.667+1.084)/ 2 )
=-0.774/0.8755
=-88.41 %

Cache Exploration's ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=-3.396/( ( (1.937 - 0.853) + (3.348 - 0.788) )/ 2 )
=-3.396/( ( 1.084 + 2.56 )/ 2 )
=-3.396/1.822
=-186.39 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2020) 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 -186.39% mean?
Cache Exploration (CEXPF) has a ROCE % of -186.39% as of Dec. 2020.
Is Cache Exploration's ROCE % too high?
Cache Exploration's current ROCE % is -186.39%.
How does Cache Exploration's ROCE % compare to competitors?
Cache Exploration's ROCE % of -186.39% 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. Cache Exploration's current ROCE % is -186.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cache Exploration stock overvalued right now?
Cache Exploration (CEXPF) has a current ROCE % of -186.39%. The current ROCE % is -186.39%. 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 Cache Exploration (CEXPF), the current ROCE % is -186.39% as of Dec. 2020. 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.

Cache Exploration Business Description

Address 213 - 333 Terminal Avenue, Vancouver, BC, CAN, V6A 4C1
Cache Exploration Inc is a gold focused company that holds and operates the Kiyuk Lake Property which covers 590km2 in SW Nunavut: the project features number of gold bearing prospects including 2017 identification of 8m of 26.4 g/t gold at the Rusty Zone and extensive mineralization at East Gold Point with 64 m at 1.5 g/t gold and 10 m at 6.5 g/t gold.