Roscan Gold (FRA:2OJ) ROCE % : 0.00% (As of Jan. 2024)

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What is Roscan Gold 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. Roscan Gold's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.

Roscan Gold ROCE % Historical Data

The historical data trend for Roscan Gold'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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Roscan Gold ROCE % Chart

Roscan Gold Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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-2,033.77

-922.15

-748.68

Roscan Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															16,174.71	-	-	-	-

Roscan Gold ROCE % Calculation

Roscan Gold's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-3.365	/	( ( (0.105 - 0.994)	+	(0.106 - 1.768) )	/ 2 )
	=	-3.365	/	( (-0.889	+	-1.662)	/ 2 )
	=	-3.365	/	-1.2755
	=	263.82 %

Roscan Gold's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-1.84	/	( ( (0.106 - 1.768)	+	(0.172 - 2.219) )	/ 2 )
	=	-1.84	/	( ( -1.662	+	-2.047 )	/ 2 )
	=	-1.84	/	-1.8545
	=	0 %

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

Roscan Gold (FRA:2OJ) 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.

Roscan Gold ROCE % Related Terms

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Roscan Gold (FRA:2OJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Roscan Gold Corp (FRA:2OJ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RCGCF:USA 2OJ:Germany ROS:Canada

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.roscan.ca

Roscan Gold Corp is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a land position in an area of producing gold mines and gold deposits, located both north and south of its Kandiole Project in West Mali.

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