NKOSF (Labrador Gold) ROCE %: -22.27% (As of Mar. 2026)


What is Labrador Gold ROCE %?

Labrador Gold NKOSF ROCE % is -22.27% as of Mar. 2026. The stock has 1 warning sign 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. Labrador Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was -22.27%.

Labrador Gold  (OTCPK:NKOSF) 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.

Labrador Gold ROCE % Related Terms

Labrador Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Labrador 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.

Labrador Gold ROCE % Chart

Labrador Gold Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.91 -2.59 -2.58 -2.21 -4.67

Labrador Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -2.48 -2.94 -13.37 -9.69 -22.27

Labrador Gold ROCE % Calculation

Labrador Gold's annualized ROCE % for the fiscal year that ended in Sep. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-0.943/( ( (23.214 - 0.103) + (17.437 - 0.203) )/ 2 )
=-0.943/( (23.111+17.234)/ 2 )
=-0.943/20.1725
=-4.67 %

Labrador Gold's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-3.724/( ( (17.142 - 0.207) + (16.759 - 0.257) )/ 2 )
=-3.724/( ( 16.935 + 16.502 )/ 2 )
=-3.724/16.7185
=-22.27 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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 -22.27% mean?
Labrador Gold (NKOSF) has a ROCE % of -22.27% as of Mar. 2026.
Is Labrador Gold's ROCE % too high?
Labrador Gold's current ROCE % is -22.27%.
How does Labrador Gold's ROCE % compare to NEM and AU?
Labrador Gold's ROCE % of -22.27% 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. Labrador Gold's current ROCE % is -22.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Gold stock overvalued right now?
Labrador Gold (NKOSF) has a current ROCE % of -22.27%. The current ROCE % is -22.27%. 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 Labrador Gold (NKOSF), the current ROCE % is -22.27% as of Mar. 2026. 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.

Labrador Gold Business Description

Other Exchanges 2N6:GermanyLAB:Canada
Address 82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Labrador Gold Corp is a company involved in the acquisition and exploration of prospective gold projects in the Americas. The Company's projects include Hopedale, Borden Lake, Kingsway, Scotch Property, and other properties.