CHCX (CTGX Mining) ROCE %: -109.49% (As of Jan. 2005)


What is CTGX Mining ROCE %?

CTGX Mining CHCX ROCE % is -109.49% as of Jan. 2005.

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. CTGX Mining's annualized ROCE % for the quarter that ended in Jan. 2005 was -109.49%.

CTGX Mining  (OTCPK:CHCX) 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.

CTGX Mining ROCE % Related Terms

CTGX Mining ROCE % Historical Data

* Premium members only.

The historical data trend for CTGX Mining'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.

CTGX Mining ROCE % Chart

CTGX Mining Annual Data
Trend Mar03
ROCE %
0.00

CTGX Mining Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
ROCE % Get a 7-Day Free Trial 0.00 0.00 -271.97 -95.31 -109.49

CTGX Mining ROCE % Calculation

CTGX Mining's annualized ROCE % for the fiscal year that ended in Mar. 2003 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2003 )  (A: . 20 )(A: Mar. 2003 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2003 )  (A: . 20 )(A: Mar. 2003 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

CTGX Mining's ROCE % of for the quarter that ended in Jan. 2005 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2005 )  (Q: Oct. 2004 )(Q: Jan. 2005 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2005 )  (Q: Oct. 2004 )(Q: Jan. 2005 )
=-4.316/( ( (5.725 - 0.616) + (3.897 - 1.122) )/ 2 )
=-4.316/( ( 5.109 + 2.775 )/ 2 )
=-4.316/3.942
=-109.49 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2005) 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 -109.49% mean?
CTGX Mining (CHCX) has a ROCE % of -109.49% as of Jan. 2005.
Is CTGX Mining's ROCE % too high?
CTGX Mining's current ROCE % is -109.49%.
How does CTGX Mining's ROCE % compare to competitors?
CTGX Mining's ROCE % of -109.49% 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. CTGX Mining's current ROCE % is -109.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTGX Mining stock overvalued right now?
CTGX Mining (CHCX) has a current ROCE % of -109.49%. The current ROCE % is -109.49%. 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 CTGX Mining (CHCX), the current ROCE % is -109.49% as of Jan. 2005. 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.

CTGX Mining Business Description

Address 1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.