CLLMF (Collective Metals) ROCE % : -21.32% (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Collective Metals 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. Collective Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was -21.32%.

Collective Metals ROCE % Historical Data

The historical data trend for Collective Metals'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.

Collective Metals ROCE % Chart

Collective Metals Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-42.07

-86.00

-88.38

Collective Metals Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial									-67.54	-61.04	-27.95	-43.90	-21.32

Collective Metals ROCE % Calculation

Collective Metals'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 )
	=	-1.357	/	( ( (0.823 - 0.36)	+	(3.069 - 0.461) )	/ 2 )
	=	-1.357	/	( (0.463	+	2.608)	/ 2 )
	=	-1.357	/	1.5355
	=	-88.38 %

Collective Metals'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 )
	=	-0.548	/	( ( (3.06 - 0.437)	+	(3.034 - 0.517) )	/ 2 )
	=	-0.548	/	( ( 2.623	+	2.517 )	/ 2 )
	=	-0.548	/	2.57
	=	-21.32 %

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

Collective Metals (OTCPK:CLLMF) 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.

Collective Metals ROCE % Related Terms

Thank you for viewing the detailed overview of Collective Metals's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Collective Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Collective Metals Inc (OTCPK:CLLMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TO1:Germany COMT:Canada

Address

22 Leader Lane, Suite 409, Toronto, ON, CAN, M5E 0B2

Website

https://www.collectivemetalsinc.com

Collective Metals Inc is engaged in the acquisition, exploration, and development of mineral properties in Canada. It specializes in precious metals exploration in the Northwest Territories. Its projects are Princeton Project, Landings Lake, and Whitemud Lake.