ENRT (Enertopia) ROCE % : 0.00% (As of Nov. 2024)

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What is Enertopia 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. Enertopia's annualized ROCE % for the quarter that ended in Nov. 2024 was 0.00%.

Enertopia ROCE % Historical Data

The historical data trend for Enertopia'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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Enertopia ROCE % Chart

Enertopia Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

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-109.89

-63.13

-126.62

Enertopia Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial															-122.36	-95.85	-209.23	-438.46	-

Enertopia ROCE % Calculation

Enertopia's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-0.666	/	( ( (1.358 - 0.333)	+	(0.343 - 0.316) )	/ 2 )
	=	-0.666	/	( (1.025	+	0.027)	/ 2 )
	=	-0.666	/	0.526
	=	-126.62 %

Enertopia's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	-0.372	/	( ( (0.343 - 0.316)	+	(0.219 - 0.275) )	/ 2 )
	=	-0.372	/	( ( 0.027	+	-0.056 )	/ 2 )
	=	-0.372	/	-0.0145
	=	0 %

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

Enertopia (OTCPK:ENRT) 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.

Enertopia ROCE % Related Terms

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Enertopia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Enertopia Corp (OTCPK:ENRT) » Definitions » ROCE %

Comparable Companies

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ENRT:Canada

Address

No. 7, 1873 Spall Road, Kelowna, BC, CAN, V1Y 4R2

Website

https://www.enertopia.com

Enertopia Corp is engaged in the acquisition, development, and exploration of natural resource properties. The company is exploring the West Tonopah Lithium Project (West Tonopah) in the Smokey Valley, Nevada, and holds intellectual property and patents in the green technology space. The company has three reportable segments: Natural Resources, Technology, and Corporate.

Executives

John Richard Nelson	director	402 ASTORIA CRESCENT SE, CALGARY A0 T2J 0Y5
Allan Horst Spissinger	officer: Chief Financial Officer	8131 198A STREET, LANGLEY A1 V2Y 1Y6
Robert Mcallister	director, officer: President	#203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Kristian Ross	director	826 LEON AVENUE, KELOWNA A1 V1Y 6J8
Baljinder Bhullar	officer: CFO	604 - 700 WEST PENDER, VANCOUVER A1 V6C 1G8
Kevin Michael Brown	director	2618 CAMPBELL ROAD, KELOWNA A1 V1Z1T2
Mathew T. Chadwick	director, officer: Sr. VP of Marijuana Operations	22308 DEWDNEY TRUNK RD., MAPLE RIDGE A1 V2X 3J2
Christopher Bunka	director, officer: Chairman and CEO	1924 BIRKDALE AVE, KELOWNA A1 V1P1R7
John Alan Thomas	director	5766 GOLDENROD CRESCENT, DELTA A1 V4L 2G6
Donald James Findlay	director	#30 NEW STREET SE, CALGARY A0 T2G 3X9
John Gregory Dawson	director	1810 RIDEAU AVENUE, COQUITLAM A1 V3J 3G8
Thomas James Ihrke	officer: Sr. VP, Business Development	38 KRIER LANE, MOUNT PLEASANT SC 29464
Mark E Snyder	officer: Chief Technical Officer	12900 BROOKPRINTER PL #200, POWAY CA 92064
Hugh Reid	director	1406-6TH STREET NW, CALGARY A0 T2M 3E6
James Letourneau	director	2609-12TH AVE. SW, CALGARY A0 T3C 0S4