Panthera Resources (LSE:PAT) ROCE % : -126.66% (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Panthera 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. Panthera Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was -126.66%.

Panthera Resources ROCE % Historical Data

The historical data trend for Panthera 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.

* Premium members only.

Panthera Resources ROCE % Chart

Panthera Resources Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-79.49

-62.42

-81.00

-127.65

-116.92

Panthera Resources Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial											-107.74	-97.82	-86.39	-137.03	-126.66

Panthera Resources ROCE % Calculation

Panthera Resources'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 )
	=	-1.306	/	( ( (1.73 - 0.681)	+	(1.983 - 0.798) )	/ 2 )
	=	-1.306	/	( (1.049	+	1.185)	/ 2 )
	=	-1.306	/	1.117
	=	-116.92 %

Panthera Resources'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-1.518	/	( ( (1.983 - 0.798)	+	(2.017 - 0.805) )	/ 2 )
	=	-1.518	/	( ( 1.185	+	1.212 )	/ 2 )
	=	-1.518	/	1.1985
	=	-126.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2024) EBIT data.

Panthera Resources (LSE:PAT) 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.

Panthera Resources ROCE % Related Terms

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

Panthera Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panthera Resources PLC (LSE:PAT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

London Wall, Salisbury House, London, GBR, EC2M 5PS

Website

https://www.pantheraresources.com

Panthera Resources PLC is engaged in the exploration and development of gold assets in India and West Africa. The company's project profile includes the Bhukia project in India, and the Cascades, Bido, Kalaka, and Bassala projects in West Africa. Its business segments are India and Africa.

Panthera Resources Headlines

No Headlines