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DBLVF (Doubleview Gold) ROCE % : -11.63% (As of Aug. 2024)


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What is Doubleview Gold 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. Doubleview Gold's annualized ROCE % for the quarter that ended in Aug. 2024 was -11.63%.


Doubleview Gold ROCE % Historical Data

The historical data trend for Doubleview Gold'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.

Doubleview Gold ROCE % Chart

Doubleview Gold Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.37 -16.44 -21.71 -12.25 -12.29

Doubleview Gold Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -7.12 -10.59 -9.51 -22.19 -11.63

Doubleview Gold ROCE % Calculation

Doubleview Gold's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=-1.72/( ( (13.968 - 0.693) + (14.941 - 0.221) )/ 2 )
=-1.72/( (13.275+14.72)/ 2 )
=-1.72/13.9975
=-12.29 %

Doubleview Gold's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2024 )  (Q: May. 2024 )(Q: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2024 )  (Q: May. 2024 )(Q: Aug. 2024 )
=-1.712/( ( (14.748 - 0.198) + (15.493 - 0.594) )/ 2 )
=-1.712/( ( 14.55 + 14.899 )/ 2 )
=-1.712/14.7245
=-11.63 %

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


Doubleview Gold  (OTCPK:DBLVF) 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.


Doubleview Gold ROCE % Related Terms

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Doubleview Gold Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 822, Vancouver, BC, CAN, V6C 1V5
Doubleview Gold Corp is a Canadian resource exploration and development company. The company is engaged in the exploration and development of mineral properties in North America. Its project includes the Mount Milligan North Property located in northwest Prince George, British Columbia; the Hat Property located in Telegraph Creek, British Columbia; and the Red Springs Project located in the Omineca Mining District of British Columbia. It acquires precious and base metal exploration projects in North America but mainly in British Columbia. One segment is the exploration and development of exploration and evaluation in Canada.