Golden Queen Mining Consolidated (FRA:5GQA) ROCE % : -25.05% (As of Sep. 2019)

View and export this data going back to 2012. Start your Free Trial

What is Golden Queen Mining Consolidated 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. Golden Queen Mining Consolidated's annualized ROCE % for the quarter that ended in Sep. 2019 was -25.05%.

Golden Queen Mining Consolidated ROCE % Historical Data

The historical data trend for Golden Queen Mining Consolidated'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.

Golden Queen Mining Consolidated ROCE % Chart

Golden Queen Mining Consolidated Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

Get a 7-Day Free Trial

-14.46

-2.57

-3.22

-3.93

-0.43

Golden Queen Mining Consolidated Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial															-6.22	21.84	-2.36	-202.75	-25.05

Golden Queen Mining Consolidated ROCE % Calculation

Golden Queen Mining Consolidated's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-0.495	/	( ( (130.82 - 21.772)	+	(157.139 - 37.208) )	/ 2 )
	=	-0.495	/	( (109.048	+	119.931)	/ 2 )
	=	-0.495	/	114.4895
	=	-0.43 %

Golden Queen Mining Consolidated's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	-1	/	( ( (4.337 - 0.273)	+	(3.947 - 0.027) )	/ 2 )
	=	-1	/	( ( 4.064	+	3.92 )	/ 2 )
	=	-1	/	3.992
	=	-25.05 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Golden Queen Mining Consolidated (FRA:5GQA) 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.

Golden Queen Mining Consolidated ROCE % Related Terms

Thank you for viewing the detailed overview of Golden Queen Mining Consolidated's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Queen Mining Consolidated (FRA:5GQA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Queen Mining Consolidated Ltd (FRA:5GQA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

580 Hornby Street, Suite 880, Vancouver, BC, CAN, V6C 3B6

Website

http://www.goldenqueen.com

Golden Queen Mining Consolidated Ltd, formerly Golden Queen Mining Co Ltd is a Canada based company engaged in exploration of minerals. The company holds interests in Soledad Mountain Mine located in the Mojave Mining District, Kern County, California. The Mine uses conventional open pit mining methods and the cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore.

Golden Queen Mining Consolidated (FRA:5GQA) Headlines

No Headlines