Cassiar Gold (FRA:756) ROCE % : -36.34% (As of Dec. 2024)

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What is Cassiar Gold 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. Cassiar Gold's annualized ROCE % for the quarter that ended in Dec. 2024 was -36.34%.

Cassiar Gold ROCE % Historical Data

The historical data trend for Cassiar Gold'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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Cassiar Gold ROCE % Chart

Cassiar Gold Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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-43.36

-17.53

-11.27

-51.36

-60.64

Cassiar Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-24.92	-5.19	-5.92	-80.81	-36.34

Cassiar Gold ROCE % Calculation

Cassiar Gold's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-5.827	/	( ( (10.886 - 1.749)	+	(10.968 - 0.887) )	/ 2 )
	=	-5.827	/	( (9.137	+	10.081)	/ 2 )
	=	-5.827	/	9.609
	=	-60.64 %

Cassiar Gold's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-3.576	/	( ( (10.968 - 0.887)	+	(10.084 - 0.486) )	/ 2 )
	=	-3.576	/	( ( 10.081	+	9.598 )	/ 2 )
	=	-3.576	/	9.8395
	=	-36.34 %

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

Cassiar Gold (FRA:756) 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.

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Cassiar Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cassiar Gold Corp (FRA:756) » Definitions » ROCE %

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CGLCF:USA 756:Germany GLDC:Canada

Address

505 Burrard Street, Suite 1580, Vancouver, BC, CAN, V7X 1M5

Website

https://www.cassiargold.com

Cassiar Gold Corp is focused on the district-scale Cassiar Gold Property in northern BC, Canada. The group is engaged in the exploration of gold in British Columbia, Canada. The company is focused on two assets, the Cassiar Gold Project and the Sheep Creek Gold District. The property consists of two main project areas namely Cassiar North, which hosts a substantial bulk-tonnage orogenic gold resource with expansion potential over approximately 6 km strike length; and Cassiar South, which hosts numerous high-grade epizonal quartz gold vein systems, about 25 km of historical underground workings.

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