GRDV (Golden Royal Development) ROCE %: 0.00% (As of Sep. 2024)


GRDV Golden Royal Development Inc GRDV
18 GF Score
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What is Golden Royal Development ROCE %?

Golden Royal Development GRDV 18 ROCE % is 0.00% as of Sep. 2024. GuruFocus rates GRDV with a GF Score™ of 18/100.

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. Golden Royal Development's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Golden Royal Development  (OTCPK:GRDV) 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.

Golden Royal Development ROCE % Related Terms

Golden Royal Development ROCE % Historical Data

* Premium members only.

The historical data trend for Golden Royal Development'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.

Golden Royal Development ROCE % Chart

Golden Royal Development Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
ROCE %
0.00 0.00 0.00 0.00 0.00

Golden Royal Development Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
GRDV
18GF Score
Golden Royal Development Inc GRDV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Royal Development ROCE % Calculation

Golden Royal Development's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=-0.032/( ( (0 - 0.258) + (0 - 0.29) )/ 2 )
=-0.032/( (-0.258+-0.29)/ 2 )
=-0.032/-0.274
=11.68 %

Golden Royal Development'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 )
=-0.012/( ( (0 - 0.286) + (0 - 0.29) )/ 2 )
=-0.012/( ( -0.286 + -0.29 )/ 2 )
=-0.012/-0.288
=0 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Golden Royal Development (GRDV) has a ROCE % of 0.00% as of Sep. 2024.
Is Golden Royal Development's ROCE % too high?
Golden Royal Development's current ROCE % is 0.00%. Overall, Golden Royal Development has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Golden Royal Development's ROCE % compare to LBRMF and ATAO?
Golden Royal Development's ROCE % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Golden Royal Development's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Royal Development stock overvalued right now?
Golden Royal Development (GRDV) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Golden Royal Development's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Golden Royal Development (GRDV), the current ROCE % is 0.00% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Royal Development Business Description

Address 543 Bedford Avenue, Suite 176, New York, NY, USA, 11211
Golden Royal Development Inc United States-based company. The company engages in the business of purchasing and selling mineral leases and other interests in mineral rights.
18GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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