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C3 Metals (C3 Metals) ROCE % : -4.44% (As of Nov. 2023)


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What is C3 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. C3 Metals's annualized ROCE % for the quarter that ended in Nov. 2023 was -4.44%.

C3 Metals ROCE % Historical Data

The historical data trend for C3 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.

C3 Metals ROCE % Chart

C3 Metals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.31 -5.73 -13.09 -9.39 -4.75

C3 Metals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -6.16 -5.74 -4.29 -3.73 -4.44

C3 Metals ROCE % Calculation

C3 Metals's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=-1.859/( ( (38.349 - 0.783) + (41.057 - 0.358) )/ 2 )
=-1.859/( (37.566+40.699)/ 2 )
=-1.859/39.1325
=-4.75 %

C3 Metals's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=-1.904/( ( (41.057 - 0.358) + (45.564 - 0.533) )/ 2 )
=-1.904/( ( 40.699 + 45.031 )/ 2 )
=-1.904/42.865
=-4.44 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2023) 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.

C3 Metals  (OTCPK:CUAUF) 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.

C3 Metals ROCE % Related Terms

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C3 Metals (C3 Metals) Business Description

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Traded in Other Exchanges
CCCM:Canada
Address
161 Bay Street, 27th Floor, Toronto, ON, CAN, M5J 2S1
Website
https://www.c3metals.com
C3 Metals Inc is a junior minerals exploration company focused on creating value for its shareholders through the discovery and development of large copper and gold deposits. The company's project include Jasperoide project in Peru, Main Ridge, Arthur seat, Bellas gate and Hungry gully project in Jamaica, Rogers creek royalty project in Jamaica. The company has only segment, which is sector of exploration and development of mineral resource properties.