GSTMF (Goldstorm Metals) ROCE % : -4.42% (As of Sep. 2024)

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What is Goldstorm Metals 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. Goldstorm Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.42%.

Goldstorm Metals ROCE % Historical Data

The historical data trend for Goldstorm Metals'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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Goldstorm Metals ROCE % Chart

Goldstorm Metals Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-23.67

-5.54

Goldstorm Metals Quarterly Data
	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial					-5.72	-6.53	-	-4.15	-4.42

Goldstorm Metals ROCE % Calculation

Goldstorm Metals's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-0.681	/	( ( (11.806 - 0.075)	+	(12.965 - 0.115) )	/ 2 )
	=	-0.681	/	( (11.731	+	12.85)	/ 2 )
	=	-0.681	/	12.2905
	=	-5.54 %

Goldstorm Metals'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 )
	=	-0.556	/	( ( (12.667 - 0.096)	+	(12.841 - 0.257) )	/ 2 )
	=	-0.556	/	( ( 12.571	+	12.584 )	/ 2 )
	=	-0.556	/	12.5775
	=	-4.42 %

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

Goldstorm Metals (OTCPK:GSTMF) 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.

Goldstorm Metals ROCE % Related Terms

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Goldstorm Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldstorm Metals Corp (OTCPK:GSTMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

B2U:Germany GSTM:Canada

Address

999 West Hastings Street, Suite 789, Vancouver, BC, CAN, V6C 2W2

Website

https://www.goldstormmetals.com

Goldstorm Metals Corp is a precious and base metals exploration company with a strategic land position in the Golden Triangle of British Columbia, an area that hosts some of the gold deposits in the world. Goldstorm's flagship projects, Crown and Electrum, cover an area that totals approximately 16,469 hectares over 6 concessions, of which 5 are contiguous. The Crown Project is situated directly south of Seabridge Gold's KSM gold-copper deposits and Newmont Corporation Inc.'s Brucejack/Valley of the Kings gold mine. Electrum, also located in the Golden Triangle of BC, is situated directly between Newmont Corporation's Brucejack Mine, approximately 20 kilometers to the north, and the past producing Silbak Premier mine, 20 kilometers to the south.

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