Gabriel Resources (Gabriel Resources) ROCE % : 0.00% (As of Dec. 2023)

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What is Gabriel Resources 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. Gabriel Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Gabriel Resources ROCE % Historical Data

The historical data trend for Gabriel Resources'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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Gabriel Resources ROCE % Chart

Gabriel Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-178.75

Gabriel Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-1,246.38	-	-	-	-

Gabriel Resources ROCE % Calculation

Gabriel Resources'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 )
	=	-15.491	/	( ( (5.105 - 5.628)	+	(3.878 - 12.171) )	/ 2 )
	=	-15.491	/	( (-0.523	+	-8.293)	/ 2 )
	=	-15.491	/	-4.408
	=	351.43 %

Gabriel Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-47.3	/	( ( (4.327 - 5.691)	+	(3.878 - 12.171) )	/ 2 )
	=	-47.3	/	( ( -1.364	+	-8.293 )	/ 2 )
	=	-47.3	/	-4.8285
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Gabriel Resources (OTCPK:GBRRF) 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.

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Gabriel Resources (Gabriel Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gabriel Resources Ltd (OTCPK:GBRRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GRZ:Germany GBU:Canada

Address

C/o RM Gold (Services) Ltd., 25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.gabrielresources.com

Gabriel Resources Ltd is a Canadian-based resource company. It is engaged in the exploration, evaluation, and development of precious metal mining projects located in Romania. The company holds an interest in the Rosia Montana and Bucium projects. It operates in two segments: Romania and the Corporate segment.