NVPCF (Nova Pacific Metals) ROCE % : -142.73% (As of Dec. 2024)

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What is Nova Pacific Metals 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. Nova Pacific Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -142.73%.

Nova Pacific Metals ROCE % Historical Data

The historical data trend for Nova Pacific Metals'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.

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Nova Pacific Metals ROCE % Chart

Nova Pacific Metals Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

-24.33

-21.10

-39.48

-770.00

Nova Pacific Metals Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial										-81.59	-77.61	-5,623.53	-	-142.73

Nova Pacific Metals ROCE % Calculation

Nova Pacific Metals'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 )
	=	-0.924	/	( ( (0.41 - 0.032)	+	(0.123 - 0.261) )	/ 2 )
	=	-0.924	/	( (0.378	+	-0.138)	/ 2 )
	=	-0.924	/	0.12
	=	-770.00 %

Nova Pacific Metals'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 )
	=	-2.096	/	( ( (0.173 - 0.348)	+	(3.353 - 0.241) )	/ 2 )
	=	-2.096	/	( ( -0.175	+	3.112 )	/ 2 )
	=	-2.096	/	1.4685
	=	-142.73 %

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

Nova Pacific Metals (OTCPK:NVPCF) 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.

Nova Pacific Metals ROCE % Related Terms

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Nova Pacific Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nova Pacific Metals Corp (OTCPK:NVPCF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

YQ10:Germany NVPC:Canada

Address

1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

https://www.novalithiumcorp.com

Nova Pacific Metals Corp is engaged in the acquisition, exploration and development of mineral projects. The company holds 100% interest in the Deer Musk West Project, Edwards Creek Valley Project, and and the Lara volcanogenic massive sulphide project.

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