International Precious Minerals Group (International Precious Minerals Group) ROCE % : 0.00% (As of . 20)

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What is International Precious Minerals Group 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. International Precious Minerals Group's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

International Precious Minerals Group ROCE % Historical Data

The historical data trend for International Precious Minerals Group'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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International Precious Minerals Group ROCE % Chart

International Precious Minerals Group Annual Data

Trend

ROCE %

International Precious Minerals Group Quarterly Data

ROCE %

International Precious Minerals Group ROCE % Calculation

International Precious Minerals Group's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

International Precious Minerals Group's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

International Precious Minerals Group (GREY:IPMG) 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.

International Precious Minerals Group ROCE % Related Terms

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International Precious Minerals Group (International Precious Minerals Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Precious Minerals Group Inc (GREY:IPMG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1220 Starway Drive, Mississauga, ON, CAN

Website

http://www.nine.com

International Precious Minerals Group Inc is engaged in exploration of gold and precious minerals.

International Precious Minerals Group (International Precious Minerals Group) Headlines

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