QZMRF (Quartz Mountain Resources) ROCE % : -55.57% (As of Jan. 2025)

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What is Quartz Mountain Resources 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. Quartz Mountain Resources's annualized ROCE % for the quarter that ended in Jan. 2025 was -55.57%.

Quartz Mountain Resources ROCE % Historical Data

The historical data trend for Quartz Mountain Resources'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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Quartz Mountain Resources ROCE % Chart

Quartz Mountain Resources Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

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-24.90

-185.91

-132.37

-137.60

Quartz Mountain Resources Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial															-232.09	-42.81	-364.83	-13.51	-55.57

Quartz Mountain Resources ROCE % Calculation

Quartz Mountain Resources's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-1.773	/	( ( (0.654 - 0.039)	+	(2.198 - 0.236) )	/ 2 )
	=	-1.773	/	( (0.615	+	1.962)	/ 2 )
	=	-1.773	/	1.2885
	=	-137.60 %

Quartz Mountain Resources's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	-0.972	/	( ( (1.918 - 0.03)	+	(1.629 - 0.019) )	/ 2 )
	=	-0.972	/	( ( 1.888	+	1.61 )	/ 2 )
	=	-0.972	/	1.749
	=	-55.57 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

Quartz Mountain Resources (OTCPK:QZMRF) 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.

Quartz Mountain Resources ROCE % Related Terms

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Quartz Mountain Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quartz Mountain Resources Ltd (OTCPK:QZMRF) » Definitions » ROCE %

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QZM:Canada

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.quartzmountainresources.com

Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The projects that the company holds an interest in are the Maestro project and the Jake project. All the company's assets are located in Canada.