Cariboo Rose Resources (FRA:6CR) ROCE % : -12.87% (As of Nov. 2023)

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What is Cariboo Rose 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. Cariboo Rose Resources's annualized ROCE % for the quarter that ended in Nov. 2023 was -12.87%.

Cariboo Rose Resources ROCE % Historical Data

The historical data trend for Cariboo Rose 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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Cariboo Rose Resources ROCE % Chart

Cariboo Rose Resources Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

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-7.37

67.12

-5.24

-12.35

-13.81

Cariboo Rose Resources Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-3.76	-39.69	-7.98	-14.79	-12.87

Cariboo Rose Resources ROCE % Calculation

Cariboo Rose Resources's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-0.199	/	( ( (1.616 - 0.069)	+	(1.413 - 0.078) )	/ 2 )
	=	-0.199	/	( (1.547	+	1.335)	/ 2 )
	=	-0.199	/	1.441
	=	-13.81 %

Cariboo Rose Resources's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-0.152	/	( ( (1.263 - 0.045)	+	(1.203 - 0.059) )	/ 2 )
	=	-0.152	/	( ( 1.218	+	1.144 )	/ 2 )
	=	-0.152	/	1.181
	=	-12.87 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

Cariboo Rose Resources (FRA:6CR) 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.

Cariboo Rose Resources ROCE % Related Terms

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Cariboo Rose Resources (FRA:6CR) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cariboo Rose Resources Ltd (FRA:6CR) » Definitions » ROCE %

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CROOF:USA CRB:Canada

Address

325 Howe Street, Suite 110, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.cariboorose.com

Cariboo Rose Resources Ltd is a Canadian resource company. The principal business activities of the company are the acquisition and exploration of gold, copper and other precious and base metal properties in Canada. Its projects portfolio includes Lightning Strike; Carruthers Pass; CHG; PAT; Cowtrail; Koster Dam and Coquigold.

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