Dakota Gold (FRA:RR6) ROCE % : -38.00% (As of Jun. 2024)

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What is Dakota 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. Dakota Gold's annualized ROCE % for the quarter that ended in Jun. 2024 was -38.00%.

Dakota Gold ROCE % Historical Data

The historical data trend for Dakota 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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Dakota Gold ROCE % Chart

Dakota Gold Annual Data

Trend

Mar20

Mar21

Mar22

Dec23

ROCE %

-20.46

-6.00

-34.61

-34.56

Dakota Gold Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial											-41.63	-38.14	-37.98	-34.20	-38.00

Dakota Gold ROCE % Calculation

Dakota Gold'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: Mar. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Mar. 2022 )		(A: Dec. 2023 )
	=	-34.879	/	( ( (109.037 - 2.304)	+	(99.222 - 4.114) )	/ 2 )
	=	-34.879	/	( (106.733	+	95.108)	/ 2 )
	=	-34.879	/	100.9205
	=	-34.56 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	-33.888	/	( ( (92.961 - 3.55)	+	(94.65 - 5.681) )	/ 2 )
	=	-33.888	/	( ( 89.411	+	88.969 )	/ 2 )
	=	-33.888	/	89.19
	=	-38.00 %

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

Dakota Gold (FRA:RR6) 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.

Dakota Gold ROCE % Related Terms

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Dakota Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dakota Gold Corp (FRA:RR6) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DC:USA RR6:Germany

Address

106 Glendale Drive, Suite A, Lead, SD, USA, 57754

Website

https://www.dakotagoldcorp.com

Dakota Gold Corp is a gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 40 thousand acres surrounding the historic Homestake Mine.

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