GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forum Energy Metals Corp (OTCPK:FDCFF) » Definitions » ROCE %

FDCFF (Forum Energy Metals) ROCE % : -545.78% (As of Aug. 2024)


View and export this data going back to . Start your Free Trial

What is Forum Energy 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. Forum Energy Metals's annualized ROCE % for the quarter that ended in Aug. 2024 was -545.78%.

Forum Energy Metals ROCE % Historical Data

The historical data trend for Forum Energy 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.

* Premium members only.

Forum Energy Metals ROCE % Chart

Forum Energy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -49.37 -38.15 -112.72 -119.91 -269.38

Forum Energy Metals 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 -349.05 -145.86 -89.35 -125.07 -545.78

Forum Energy Metals ROCE % Calculation

Forum Energy Metals's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Nov. 2023 )  (A: Nov. 2022 )(A: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Nov. 2023 )  (A: Nov. 2022 )(A: Nov. 2023 )
=-4.741/( ( (2.499 - 0.567) + (2.516 - 0.928) )/ 2 )
=-4.741/( (1.932+1.588)/ 2 )
=-4.741/1.76
=-269.38 %

Forum Energy Metals'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 )
=-19.88/( ( (7.906 - 3.06) + (4.743 - 2.304) )/ 2 )
=-19.88/( ( 4.846 + 2.439 )/ 2 )
=-19.88/3.6425
=-545.78 %

(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.

Forum Energy Metals  (OTCPK:FDCFF) 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.

Forum Energy Metals ROCE % Related Terms

Thank you for viewing the detailed overview of Forum Energy Metals's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Forum Energy Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forum Energy Metals Corp (OTCPK:FDCFF) » Definitions » ROCE %
Comparable Companies
XCNQ:M XCNQ:TOC XCNQ:FOX TSXV:SURG XCNQ:GXP TSXV:DEFN TSXV:MOG TSXV:PGZ TSXV:EMM TSXV:EAM ASX:BHP ASX:RIO LSE:RIO LSE:GLEN SAU:1211 BSP:VALE3 MEX:GMEXICOB ASX:FMG LSE:AAL BOM:500188
Traded in Other Exchanges
FMC:Canada
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Website
https://www.forumenergymetals.com
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.