Kobrea Exploration (FRA:F3I) ROCE % : -225.85% (As of Oct. 2024)

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What is Kobrea Exploration 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. Kobrea Exploration's annualized ROCE % for the quarter that ended in Oct. 2024 was -225.85%.

Kobrea Exploration ROCE % Historical Data

The historical data trend for Kobrea Exploration'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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Kobrea Exploration ROCE % Chart

Kobrea Exploration Annual Data

Trend

Jan23

Jan24

ROCE %

-67.55

Kobrea Exploration Quarterly Data
	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial				-60.91	-110.99	-76.84	-155.25	-225.85

Kobrea Exploration ROCE % Calculation

Kobrea Exploration's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	-0.153	/	( ( (0.254 - 0.039)	+	(0.263 - 0.025) )	/ 2 )
	=	-0.153	/	( (0.215	+	0.238)	/ 2 )
	=	-0.153	/	0.2265
	=	-67.55 %

Kobrea Exploration's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	-1.232	/	( ( (0.626 - 0.003)	+	(0.478 - 0.01) )	/ 2 )
	=	-1.232	/	( ( 0.623	+	0.468 )	/ 2 )
	=	-1.232	/	0.5455
	=	-225.85 %

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

Kobrea Exploration (FRA:F3I) 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.

Kobrea Exploration ROCE % Related Terms

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Kobrea Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kobrea Exploration Corp (FRA:F3I) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KBXFF:USA KBX:Canada

Address

330 - 890 Pender Street West, Vancouver, BC, CAN, V6C 1J9

Website

https://www.kobreaexploration.com

Kobrea Exploration Corp is engaged in the acquisition, exploration, and evaluation of resource properties. Its objective is to locate and develop economic base metal properties of merit and to conduct its exploration program on the Upland property. The Upland property is located in Barriere, British Columbia consisting of eight mineral claims.

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