Integra Resources (STU:IRV) ROCE % : -40.23% (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Integra 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. Integra Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was -40.23%.

Integra Resources ROCE % Historical Data

The historical data trend for Integra 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.

* Premium members only.

Integra Resources ROCE % Chart

Integra Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-27.02

-24.87

-44.65

-34.49

-48.33

Integra Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-41.23	-38.65	-29.54	-37.74	-40.23

Integra Resources ROCE % Calculation

Integra Resources'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 )
	=	-25.065	/	( ( (57.982 - 14.529)	+	(75.551 - 15.287) )	/ 2 )
	=	-25.065	/	( (43.453	+	60.264)	/ 2 )
	=	-25.065	/	51.8585
	=	-48.33 %

Integra Resources'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-22.54	/	( ( (73.851 - 14.964)	+	(81.493 - 28.316) )	/ 2 )
	=	-22.54	/	( ( 58.887	+	53.177 )	/ 2 )
	=	-22.54	/	56.032
	=	-40.23 %

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

Integra Resources (STU:IRV) 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.

Integra Resources ROCE % Related Terms

Thank you for viewing the detailed overview of Integra Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Integra Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Integra Resources Corp (STU:IRV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ITRG:USA IRV:Germany ITR:Canada

Address

400 Burrard Street, Suite 1050, Vancouver, BC, CAN, V6C 3A6

Website

https://www.integraresources.com

Integra Resources Corp is a precious metals exploration and development company in the Great Basin of the Western USA. Integra is currently focused on advancing its two flagship oxide heap leach projects: the past-producing DeLamar Project located in southwestern Idaho and the Nevada North Project, comprised of the Wildcat and Mountain View deposits, located in northwestern Nevada. The company also holds a portfolio of highly prospective early-stage exploration projects in Idaho, Nevada, and Arizona.

Integra Resources Headlines

No Headlines