JZRIF (JZR Gold) ROCE % : -9.30% (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is JZR 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. JZR Gold's annualized ROCE % for the quarter that ended in Dec. 2024 was -9.30%.

JZR Gold ROCE % Historical Data

The historical data trend for JZR 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.

* Premium members only.

JZR Gold ROCE % Chart

JZR Gold Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

-27.65

-34.74

-10.23

-8.67

JZR Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-10.81	-8.49	-5.58	-5.19	-9.30

JZR Gold ROCE % Calculation

JZR Gold's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-0.643	/	( ( (8.608 - 1.377)	+	(9.019 - 1.413) )	/ 2 )
	=	-0.643	/	( (7.231	+	7.606)	/ 2 )
	=	-0.643	/	7.4185
	=	-8.67 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.712	/	( ( (9.694 - 2.036)	+	(9.616 - 1.955) )	/ 2 )
	=	-0.712	/	( ( 7.658	+	7.661 )	/ 2 )
	=	-0.712	/	7.6595
	=	-9.30 %

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

JZR Gold (OTCPK:JZRIF) 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.

JZR Gold ROCE % Related Terms

Thank you for viewing the detailed overview of JZR Gold's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

JZR Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » JZR Gold Inc (OTCPK:JZRIF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

JZR:Canada

Address

404-1688 152nd Street, Surrey, BC, CAN, V4A 4N2

Website

https://www.jzrgold.com

JZR Gold Inc is a mining resource company engaged in the acquisition and development of mineral rights and properties in Canada and Brazil. The company holds interests in mineral properties located in the province of British Columbia, Canada, and the State of Amapa, Brazil. Its flagship property is the Vila Nova Gold Project which is in the development stage. The company also owns the Spider Property in British Columbia, focusing on the gold and silver exploration targets.

JZR Gold Headlines

No Headlines