Lake Winn Resources (Lake Winn Resources) ROCE % : 0.00% (As of Dec. 2023)

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What is Lake Winn Resources 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. Lake Winn Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Lake Winn Resources ROCE % Historical Data

The historical data trend for Lake Winn Resources'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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Lake Winn Resources ROCE % Chart

Lake Winn Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-167.35

-387.96

-175.21

-426.67

Lake Winn Resources 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															-2,690.48	-281.32	-774.19	-2,806.35	-

Lake Winn Resources ROCE % Calculation

Lake Winn Resources'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 )
	=	-1.058	/	( ( (0.824 - 0.537)	+	(0.449 - 0.768) )	/ 2 )
	=	-1.058	/	( (0.287	+	-0.319)	/ 2 )
	=	-1.058	/	-0.016
	=	6,612.50 %

Lake Winn Resources'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 )
	=	-1.012	/	( ( (0.367 - 0.448)	+	(0.449 - 0.768) )	/ 2 )
	=	-1.012	/	( ( -0.081	+	-0.319 )	/ 2 )
	=	-1.012	/	-0.2
	=	0 %

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

Lake Winn Resources (OTCPK:EQTXF) 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.

Lake Winn Resources ROCE % Related Terms

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Lake Winn Resources (Lake Winn Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lake Winn Resources Corp (OTCPK:EQTXF) » Definitions » ROCE %

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EE1A:Germany LWR:Canada

Address

1111 Melville Street, Suite 1100, 11th Floor, Vancouver, BC, CAN, V6E 3V6

Website

https://www.lakewinn.ca

Lake Winn Resources Corp is a gold company focusing on the exploration and development of gold properties in Canada. The company has a purchase agreement to acquire 100% of its flagship Cloud property located in the province of Manitoba, approximately 40 kilometers northeast of the town of Flin?Flon. Access to the property is provided by Manitoba highway 10 to the all?weather Kississing Lake Road. It operates in one reportable operating segment, which is the acquisition and development of exploration and evaluation assets in Canada.

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