Dundee Precious Metals (Dundee Precious Metals) ROCE % : 17.41% (As of Dec. 2023)

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What is Dundee Precious 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. Dundee Precious Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.41%.

Dundee Precious Metals ROCE % Historical Data

The historical data trend for Dundee Precious 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.

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Dundee Precious Metals ROCE % Chart

Dundee Precious Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-6.53

28.31

23.47

13.24

18.64

Dundee Precious Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															44.72	18.67	25.30	12.76	17.41

Dundee Precious Metals ROCE % Calculation

Dundee Precious 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 )
	=	207.706	/	( ( (1157.254 - 96.885)	+	(1290.236 - 121.865) )	/ 2 )
	=	207.706	/	( (1060.369	+	1168.371)	/ 2 )
	=	207.706	/	1114.37
	=	18.64 %

Dundee Precious Metals's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	200.048	/	( ( (1230.123 - 100.912)	+	(1290.236 - 121.865) )	/ 2 )
	=	200.048	/	( ( 1129.211	+	1168.371 )	/ 2 )
	=	200.048	/	1148.791
	=	17.41 %

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

Dundee Precious Metals (OTCPK:DPMLF) 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.

Dundee Precious Metals ROCE % Related Terms

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Dundee Precious Metals (Dundee Precious Metals) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dundee Precious Metals Inc (OTCPK:DPMLF) » Definitions » ROCE %

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DPU:Germany DPM:Canada

Address

150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9

Website

https://www.dundeeprecious.com

Dundee Precious Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company has three reportable operating segments Chelopech and Ada Tepe in Bulgaria and Tsumeb in Namibia.