Golcap Resources (FRA:2SO0) ROCE % : 255.17% (As of Mar. 2024)

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What is Golcap 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. Golcap Resources's annualized ROCE % for the quarter that ended in Mar. 2024 was 255.17%.

Golcap Resources ROCE % Historical Data

The historical data trend for Golcap 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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Golcap Resources ROCE % Chart

Golcap Resources Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

-46.88

-104.42

-78.01

Golcap Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-	-	-	141.18	255.17

Golcap Resources ROCE % Calculation

Golcap Resources's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-0.187	/	( ( (0.191 - 0.204)	+	(0.106 - 0.107) )	/ 2 )
	=	-0.187	/	( (-0.013	+	-0.001)	/ 2 )
	=	-0.187	/	-0.007
	=	2,671.43 %

Golcap Resources's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	0.444	/	( ( (0.354 - 0.234)	+	(0.501 - 0.273) )	/ 2 )
	=	0.444	/	( ( 0.12	+	0.228 )	/ 2 )
	=	0.444	/	0.174
	=	255.17 %

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

Golcap Resources (FRA:2SO0) 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.

Golcap Resources ROCE % Related Terms

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Golcap Resources (FRA:2SO0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golcap Resources Corp (FRA:2SO0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GCP:Canada

Address

595 Burrard Street, Suite 3043, Vancouver, BC, CAN, V7X 1J1

Website

https://www.golcapresources.com

Golcap Resources Corp is engaged in the exploration and development of the mineral property. The company's Tulameen project is located in the Similkameen Mining Division in southern British Columbia.

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