RJKAF (RJK Explorations) ROCE % : 0.00% (As of Sep. 2024)

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What is RJK Explorations 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. RJK Explorations's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

RJK Explorations ROCE % Historical Data

The historical data trend for RJK Explorations'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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RJK Explorations ROCE % Chart

RJK Explorations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-165.49

-178.19

-276.47

-282.25

-376.37

RJK Explorations Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-349.83	-1,077.33	-	-	-

RJK Explorations ROCE % Calculation

RJK Explorations'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 )
	=	-0.446	/	( ( (0.752 - 0.419)	+	(0.31 - 0.406) )	/ 2 )
	=	-0.446	/	( (0.333	+	-0.096)	/ 2 )
	=	-0.446	/	0.1185
	=	-376.37 %

RJK Explorations's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-0.228	/	( ( (0.265 - 0.431)	+	(0.072 - 0.213) )	/ 2 )
	=	-0.228	/	( ( -0.166	+	-0.141 )	/ 2 )
	=	-0.228	/	-0.1535
	=	0 %

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

RJK Explorations (OTCPK:RJKAF) 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.

RJK Explorations ROCE % Related Terms

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RJK Explorations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RJK Explorations Ltd (OTCPK:RJKAF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RJX.A:Canada

Address

4 AL Wende Avenue, P.O. Box 1053, Kirkland Lake, ON, CAN, P2N 3L1

Website

https://www.rjkexplorations.com

RJK Explorations Ltd is engaged in the acquisition and exploration of early-stage exploration and evaluation properties. It focuses on diamond exploration in Northern Ontario. Its projects include the Bishop and Kon diamond properties. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.

RJK Explorations Headlines

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