Class 1 Nickel and Technologies (Class 1 Nickel and Technologies) ROCE % : -4,336.00% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Class 1 Nickel and Technologies 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. Class 1 Nickel and Technologies's annualized ROCE % for the quarter that ended in Mar. 2024 was -4,336.00%.

Class 1 Nickel and Technologies ROCE % Historical Data

The historical data trend for Class 1 Nickel and Technologies'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.

Class 1 Nickel and Technologies ROCE % Chart

Class 1 Nickel and Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1,228.28

-96.15

-661.44

-1,412.33

Class 1 Nickel and Technologies Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial														-	-227.71	-220.41	-692.04	-4,336.00

Class 1 Nickel and Technologies ROCE % Calculation

Class 1 Nickel and Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.314	/	( ( (0.629 - 0.947)	+	(0.407 - 0.374) )	/ 2 )
	=	-1.314	/	( (-0.318	+	0.033)	/ 2 )
	=	-1.314	/	-0.1425
	=	922.11 %

Class 1 Nickel and Technologies's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-2.168	/	( ( (0.407 - 0.374)	+	(0.384 - 0.317) )	/ 2 )
	=	-2.168	/	( ( 0.033	+	0.067 )	/ 2 )
	=	-2.168	/	0.05
	=	-4,336.00 %

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

Class 1 Nickel and Technologies (OTCPK:NICLF) 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.

Class 1 Nickel and Technologies ROCE % Related Terms

Thank you for viewing the detailed overview of Class 1 Nickel and Technologies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Class 1 Nickel and Technologies (Class 1 Nickel and Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Class 1 Nickel and Technologies Ltd (OTCPK:NICLF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

77C:Germany NICO:Canada

Address

82 Richmond Street East, Toronto, ON, CAN, M5C 1P1

Website

https://www.class1nickel.com

Class 1 Nickel and Technologies Ltd is engaged in the business of mineral exploration and development of minerals and base metals in Canada. The company operates two high-grade past producing nickel sulphide projects in Tier 1 mining camps, including the Alexo-Dundonald Project with existing NI43-101 Compliant Mineral Resource with majority resource growth and near-term mining potential.

Class 1 Nickel and Technologies (Class 1 Nickel and Technologies) Headlines

From GuruFocus

Global Metals & Mining Live Virtual Investor Conference October 20th, 21st, 22nd

By PRNewswire PRNewswire • 10-16-2020