Wishbone Gold (LSE:WSBN) ROCE %: -8.16% (As of Jun. 2025)


LSE:WSBN Wishbone Gold PLC LSE:WSBN
37 GF Score
Price £0.24
! 2 Warning Signs
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What is Wishbone Gold ROCE %?

Wishbone Gold LSE:WSBN +1.05% 37 ROCE % is -8.16% as of Jun. 2025. GuruFocus rates LSE:WSBN with a GF Score™ of 37/100. The stock has 2 warning signs investors should review.

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. Wishbone Gold's annualized ROCE % for the quarter that ended in Jun. 2025 was -8.16%.

Wishbone Gold  (LSE:WSBN) 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.

Wishbone Gold ROCE % Related Terms

Wishbone Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Wishbone 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.

Wishbone Gold ROCE % Chart

Wishbone Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.77 -33.22 -20.98 -20.88 -24.76

Wishbone Gold Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 Premium Member Only Premium Member Only Premium Member Only -23.93 -21.00 -23.53 -20.95 -8.16
LSE:WSBN
37GF Score
Wishbone Gold PLC LSE:WSBN
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Wishbone Gold ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-1.456/( ( (7.155 - 0.908) + (6.142 - 0.626) )/ 2 )
=-1.456/( (6.247+5.516)/ 2 )
=-1.456/5.8815
=-24.76 %

Wishbone Gold's ROCE % of for the quarter that ended in Jun. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2025 )  (Q: Dec. 2024 )(Q: Jun. 2025 )
=-0.52/( ( (6.142 - 0.626) + (7.382 - 0.155) )/ 2 )
=-0.52/( ( 5.516 + 7.227 )/ 2 )
=-0.52/6.3715
=-8.16 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2025) 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 -8.16% mean?
Wishbone Gold (LSE:WSBN) has a ROCE % of -8.16% as of Jun. 2025.
Is Wishbone Gold's ROCE % too high?
Wishbone Gold's current ROCE % is -8.16%. Overall, Wishbone Gold has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Wishbone Gold's ROCE % compare to NEM and AU?
Wishbone Gold's ROCE % of -8.16% 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. Wishbone Gold's current ROCE % is -8.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wishbone Gold stock overvalued right now?
Wishbone Gold (LSE:WSBN) has a current ROCE % of -8.16%. The current ROCE % is -8.16%. Wishbone Gold's overall GF Score™ is 37/100 with 2 warning signs to review. 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 Wishbone Gold (LSE:WSBN), the current ROCE % is -8.16% as of Jun. 2025. 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.

Wishbone Gold Business Description

Other Exchanges 7N60:Germany
Address Irish Town, 3 Irish Place, Unit 5A, Gibraltar, GIB, GX11 1AA
Wishbone Gold PLC is a gold and precious metals exploration company with assets in Australia. The company acquired four additional exploration properties in Australia. Its projects include Anketell, Red Setter project, Cottesloe project, White Mountain, and the Wishbone properties.
37GF 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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