Sonoran Desert Copper (FRA:DYD0) ROCE % : 0.00% (As of Sep. 2024)

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What is Sonoran Desert Copper 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. Sonoran Desert Copper's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Sonoran Desert Copper ROCE % Historical Data

The historical data trend for Sonoran Desert Copper'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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Sonoran Desert Copper ROCE % Chart

Sonoran Desert Copper Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec22

Dec23

ROCE %

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Sonoran Desert Copper 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															-	-	-	-	-

Sonoran Desert Copper ROCE % Calculation

Sonoran Desert Copper's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.852	/	( ( (0.227 - 1.78)	+	(0.37 - 1.901) )	/ 2 )
	=	-0.852	/	( (-1.553	+	-1.531)	/ 2 )
	=	-0.852	/	-1.542
	=	55.25 %

Sonoran Desert Copper'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 )
	=	-1.612	/	( ( (0.403 - 1.228)	+	(0.157 - 1.03) )	/ 2 )
	=	-1.612	/	( ( -0.825	+	-0.873 )	/ 2 )
	=	-1.612	/	-0.849
	=	0 %

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

Sonoran Desert Copper (FRA:DYD0) 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.

Sonoran Desert Copper ROCE % Related Terms

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Sonoran Desert Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sonoran Desert Copper Corp (FRA:DYD0) » Definitions » ROCE %

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Traded in Other Exchanges

PMDRF:USA DYD0:Germany SDCU:Canada

Address

650 West Georgia Street, Suite 2110, Vancouver, BC, CAN, V6B 4N8

Website

https://www.primemeridianresources.com

Sonoran Desert Copper Corp formerly Prime Meridian Resources is focused on the development of its energy metals project portfolio including the South Uchi lithium project in Ontario, Canada and the Cuatro Hermanos copper / molybdenum porphyry project in Sonora, Mexico.

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