Bolt Metals (FRA:6460) ROCE % : 0.00% (As of Sep. 2024)

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What is Bolt 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. Bolt Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Bolt Metals ROCE % Historical Data

The historical data trend for Bolt 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.

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Bolt Metals ROCE % Chart

Bolt Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-304.46

-517.26

-409.58

Bolt Metals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Bolt Metals ROCE % Calculation

Bolt Metals'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 )
	=	-0.422	/	( ( (0.266 - 0.933)	+	(0.2 - 1.091) )	/ 2 )
	=	-0.422	/	( (-0.667	+	-0.891)	/ 2 )
	=	-0.422	/	-0.779
	=	54.17 %

Bolt Metals's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-1.304	/	( ( (0.17 - 1.151)	+	(0.528 - 0.616) )	/ 2 )
	=	-1.304	/	( ( -0.981	+	-0.088 )	/ 2 )
	=	-1.304	/	-0.5345
	=	0 %

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

Bolt Metals (FRA:6460) 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.

Bolt Metals ROCE % Related Terms

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Bolt Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bolt Metals Corp (FRA:6460) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PCRCF:USA 6460:Germany 6460:Germany BOLT:Canada

Address

Bellevue Centre, 235 - 15th Street, Suite 300, West Vancouver, Vancouver, BC, CAN, V7T 2X1

Website

https://www.boltmetals.com

Bolt Metals Corp is engaged in the acquisition and exploration of mineral exploration and evaluation assets in Indonesia. The company owns a nickel project named Cyclops located in Indonesia. It operates in a single reportable operating segment the Acquisition and exploration of exploration and evaluation assets located in Indonesia and Canada.

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