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Brixton Metals (FRA:8BX1) ROCE % : -141.94% (As of Sep. 2024)


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What is Brixton 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. Brixton Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was -141.94%.


Brixton Metals ROCE % Historical Data

The historical data trend for Brixton 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.

* Premium members only.

Brixton Metals ROCE % Chart

Brixton Metals Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -55.74 -75.58 -96.09 -108.58 -95.17

Brixton Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -148.34 -34.39 -10.77 -97.18 -141.94

Brixton Metals ROCE % Calculation

Brixton Metals'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 )
=-8.939/( ( (11.991 - 2.259) + (10.902 - 1.849) )/ 2 )
=-8.939/( (9.732+9.053)/ 2 )
=-8.939/9.3925
=-95.17 %

Brixton 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: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-15.768/( ( (15.332 - 2.167) + (10.902 - 1.849) )/ 2 )
=-15.768/( ( 13.165 + 9.053 )/ 2 )
=-15.768/11.109
=-141.94 %

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

* 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.


Brixton Metals  (FRA:8BX1) 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.


Brixton Metals ROCE % Related Terms

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Brixton Metals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 551, Vancouver, BC, CAN, V6C 1T2
Brixton Metals Corp is a Canadian exploration and development company. It focuses on the acquisition, exploration, and development of mineral properties. The company operates in one segment the acquisition, exploration, and evaluation of resource assets located in British Columbia and Ontario, Canada, and Montana, USA. It owns four projects in Canada and the USA, the Thorn gold-silver project, the Hog Heaven silver-gold project, the Langis-Hudson Bay silver-cobalt project, and the Atlin Goldfields project.

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