Trident Resources (FRA:6BP0) ROCE % : -4.17% (As of Mar. 2025)

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What is Trident 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. Trident Resources's annualized ROCE % for the quarter that ended in Mar. 2025 was -4.17%.

Trident Resources ROCE % Historical Data

The historical data trend for Trident 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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Trident Resources ROCE % Chart

Trident Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-3.43

3.54

-40.71

-41.84

21.04

Trident Resources Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															12.03	59.38	93.55	-80.56	-4.17

Trident Resources ROCE % Calculation

Trident Resources's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	1.052	/	( ( (8.223 - 3.716)	+	(8.796 - 3.305) )	/ 2 )
	=	1.052	/	( (4.507	+	5.491)	/ 2 )
	=	1.052	/	4.999
	=	21.04 %

Trident Resources's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	-0.364	/	( ( (8.796 - 3.305)	+	(13.902 - 1.934) )	/ 2 )
	=	-0.364	/	( ( 5.491	+	11.968 )	/ 2 )
	=	-0.364	/	8.7295
	=	-4.17 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Trident Resources (FRA:6BP0) 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.

Trident Resources ROCE % Related Terms

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Trident Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Resources Corp (FRA:6BP0) » Definitions » ROCE %

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Traded in Other Exchanges

TRDTF:USA ROCK:Canada

Address

505 Burrard Street, Suite 1030, Vancouver, BC, CAN, V7X 1M5

Website

https://www.tridentresourcescorp.com

Trident Resources Corp is a Canadian public mineral exploration company focused on the acquisition, exploration and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada. The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which host historical gold resources located within the prospective and underexplored La Ronge Gold Belt, as well as the 100% owned Knife Lake copper project, which contains a historical copper resource.

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