United Paragon Mining (PHS:UPM) ROCE % : 0.00% (As of Mar. 2024)

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What is United Paragon Mining 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. United Paragon Mining's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

United Paragon Mining ROCE % Historical Data

The historical data trend for United Paragon Mining'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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United Paragon Mining ROCE % Chart

United Paragon Mining Annual Data

Trend

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ROCE %

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United Paragon Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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United Paragon Mining ROCE % Calculation

United Paragon Mining'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 )
	=	-23.911	/	( ( (1129.67 - 1419.922)	+	(1122.235 - 1520.392) )	/ 2 )
	=	-23.911	/	( (-290.252	+	-398.157)	/ 2 )
	=	-23.911	/	-344.2045
	=	6.95 %

United Paragon Mining'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 )
	=	-15.128	/	( ( (1122.235 - 1520.392)	+	(1124.169 - 1548.514) )	/ 2 )
	=	-15.128	/	( ( -398.157	+	-424.345 )	/ 2 )
	=	-15.128	/	-411.251
	=	0 %

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

United Paragon Mining (PHS:UPM) 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.

United Paragon Mining ROCE % Related Terms

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United Paragon Mining (PHS:UPM) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » United Paragon Mining Corp (PHS:UPM) » Definitions » ROCE %

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Address

125 Pioneer Street, 6th Floor, Quad Alpha Centrum, Mandaluyong, PHL, 1550

Website

https://www.unitedparagon.com

United Paragon Mining Corp is a mining company whose main business is the exploration, development, exploitation, recovery, and sale of Gold. The company has leased properties and mineral applications in the area. The company's principal mining operation is the Longos Mine at Paracale, Camarines Norte. The firm has only one operating segment which is Mining with operations mainly in the Philippines.

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