RGRSY (Regis Resources) ROCE % : -23.01% (As of Jun. 2024)

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What is Regis 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. Regis Resources's annualized ROCE % for the quarter that ended in Jun. 2024 was -23.01%.

Regis Resources ROCE % Historical Data

The historical data trend for Regis 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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Regis Resources ROCE % Chart

Regis Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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29.77

13.94

1.37

-0.61

-13.20

Regis Resources Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-1.54	-2.99	1.97	-2.03	-23.01

Regis Resources ROCE % Calculation

Regis Resources'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 )
	=	-159.878	/	( ( (1592.35 - 296.46)	+	(1414.273 - 288.104) )	/ 2 )
	=	-159.878	/	( (1295.89	+	1126.169)	/ 2 )
	=	-159.878	/	1211.0295
	=	-13.20 %

Regis Resources's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-292.488	/	( ( (1513.716 - 97.673)	+	(1414.273 - 288.104) )	/ 2 )
	=	-292.488	/	( ( 1416.043	+	1126.169 )	/ 2 )
	=	-292.488	/	1271.106
	=	-23.01 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Regis Resources (OTCPK:RGRSY) 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.

Regis Resources ROCE % Related Terms

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Regis Resources Business Description

Industry

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

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RGRNF:USA RKQ:Germany RRL:Australia

Address

516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.regisresources.com.au

Regis Resources Ltd is one of Australia's gold companies, producing around 437,309 ounces annually. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments: the Duketon North Operations, Duketon South Operations, and Tropicana Gold Project.