Coppernico Metals (FRA:9I3) ROCE % : -71.03% (As of Dec. 2024)

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What is Coppernico 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. Coppernico Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -71.03%.

Coppernico Metals ROCE % Historical Data

The historical data trend for Coppernico 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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Coppernico Metals ROCE % Chart

Coppernico Metals Annual Data

Trend

Dec23

Dec24

ROCE %

-51.08

-72.81

Coppernico Metals Quarterly Data
	Sep23	Dec23	Sep24	Dec24
ROCE %	-	-63.79	-96.09	-71.03

Coppernico Metals ROCE % Calculation

Coppernico Metals'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 )
	=	-6.146	/	( ( (5.787 - 0.877)	+	(13.471 - 1.499) )	/ 2 )
	=	-6.146	/	( (4.91	+	11.972)	/ 2 )
	=	-6.146	/	8.441
	=	-72.81 %

Coppernico Metals'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 )
	=	-9.084	/	( ( (14.741 - 1.135)	+	(13.471 - 1.499) )	/ 2 )
	=	-9.084	/	( ( 13.606	+	11.972 )	/ 2 )
	=	-9.084	/	12.789
	=	-71.03 %

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

Coppernico Metals (FRA:9I3) 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.

Coppernico Metals ROCE % Related Terms

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Coppernico Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coppernico Metals Inc (FRA:9I3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CPPMF:USA COPR:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.coppernicometals.com

Coppernico Metals Inc is an mineral exploration company focused on creating value for shareholders and stakeholders through the exploration and discovery of world-class copper-gold deposits in South America. The Company's primary asset is the Sombrero copper-gold district located in southern Peru.

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