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CHKKD (Chakana Copper) ROCE % : -48.89% (As of Nov. 2024)


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What is Chakana Copper 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. Chakana Copper's annualized ROCE % for the quarter that ended in Nov. 2024 was -48.89%.

Chakana Copper ROCE % Historical Data

The historical data trend for Chakana Copper'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.

* Premium members only.

Chakana Copper ROCE % Chart

Chakana Copper Annual Data
Trend Mar14 Mar15 Mar16 Mar17 May19 May20 May21 May22 May23 May24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.96 -80.06 -63.77 -36.48 -26.95

Chakana Copper Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -21.12 -21.58 -41.24 -50.04 -48.89

Chakana Copper ROCE % Calculation

Chakana Copper's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=-1.877/( ( (6.837 - 0.326) + (7.925 - 0.507) )/ 2 )
=-1.877/( (6.511+7.418)/ 2 )
=-1.877/6.9645
=-26.95 %

Chakana Copper's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=-1.312/( ( (3.183 - 0.337) + (2.918 - 0.397) )/ 2 )
=-1.312/( ( 2.846 + 2.521 )/ 2 )
=-1.312/2.6835
=-48.89 %

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

Chakana Copper  (OTCPK:CHKKD) 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.

Chakana Copper ROCE % Related Terms

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Chakana Copper Business Description

Industry
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1ZX:Germany PERU:Canada
Address
1012-1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Website
https://www.chakanacopper.com
Chakana Copper Corp is a Canada-based company focused on the exploration of the Soledad copper-gold-silver project located in Central Peru. It operates in one business segment that is exploration and development of unproven exploration and evaluation assets. Its project includes Soledad project.