SLTFF (Pegasus Resources) ROCE % : -123.52% (As of Aug. 2024)

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What is Pegasus 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. Pegasus Resources's annualized ROCE % for the quarter that ended in Aug. 2024 was -123.52%.

Pegasus Resources ROCE % Historical Data

The historical data trend for Pegasus 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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Pegasus Resources ROCE % Chart

Pegasus Resources Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

ROCE %

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-28.10

-120.15

-78.00

-119.36

-120.00

Pegasus Resources Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															-92.67	-100.45	-125.27	-141.37	-123.52

Pegasus Resources ROCE % Calculation

Pegasus Resources's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	-0.795	/	( ( (0.975 - 0.424)	+	(1.13 - 0.356) )	/ 2 )
	=	-0.795	/	( (0.551	+	0.774)	/ 2 )
	=	-0.795	/	0.6625
	=	-120.00 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-1.2	/	( ( (1.13 - 0.356)	+	(1.628 - 0.459) )	/ 2 )
	=	-1.2	/	( ( 0.774	+	1.169 )	/ 2 )
	=	-1.2	/	0.9715
	=	-123.52 %

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

Pegasus Resources (OTCPK:SLTFF) 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.

Pegasus Resources ROCE % Related Terms

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Pegasus Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pegasus Resources Inc (OTCPK:SLTFF) » Definitions » ROCE %

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0QS0:Germany 0QS0:Germany PEGA:Canada

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.pegasusresourcesinc.com

Pegasus Resources Inc is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. The Company operates in a single reportable operating segment being: acquisition, exploration and development of mineral properties are in North America.