EMPYF (Empress Royalty) ROCE % : -1.32% (As of Jun. 2024)

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What is Empress Royalty 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. Empress Royalty's annualized ROCE % for the quarter that ended in Jun. 2024 was -1.32%.

Empress Royalty ROCE % Historical Data

The historical data trend for Empress Royalty'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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Empress Royalty ROCE % Chart

Empress Royalty Annual Data

Trend

Sep20

Dec22

Dec23

ROCE %

-22.19

-9.30

Empress Royalty Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial									-1.03	-9.87	-19.88	-5.63	-1.32

Empress Royalty ROCE % Calculation

Empress Royalty'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 )
	=	-1.581	/	( ( (19.934 - 3.295)	+	(19.114 - 1.768) )	/ 2 )
	=	-1.581	/	( (16.639	+	17.346)	/ 2 )
	=	-1.581	/	16.9925
	=	-9.30 %

Empress Royalty's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-0.256	/	( ( (23.526 - 3.672)	+	(22.585 - 3.648) )	/ 2 )
	=	-0.256	/	( ( 19.854	+	18.937 )	/ 2 )
	=	-0.256	/	19.3955
	=	-1.32 %

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

Empress Royalty (OTCPK:EMPYF) 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.

Empress Royalty ROCE % Related Terms

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Empress Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Empress Royalty Corp (OTCPK:EMPYF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

53G:Germany EMPR:Canada

Address

1130 West Pender Street, Suite 545, Vancouver, BC, CAN, V6E 4A4

Website

https://www.empressroyalty.com

Empress is a royalty and streaming creation company. Focused on providing investors with a diversified portfolio of gold and silver investments, Empress actively invests in mining companies with development and production stage projects that require additional non-dilutive capital. Strategic partnerships with Endeavour Financial and Terra Capital provide access to global investment opportunities and bring unique mining finance expertise, deal structuring, and access to capital markets.