Power Nickel (STU:IVV) ROCE % : 0.00% (As of Mar. 2024)

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What is Power Nickel 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. Power Nickel's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Power Nickel ROCE % Historical Data

The historical data trend for Power Nickel'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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Power Nickel ROCE % Chart

Power Nickel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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Power Nickel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Power Nickel ROCE % Calculation

Power Nickel'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 )
	=	-9.692	/	( ( (1.362 - 1.888)	+	(2.552 - 4.255) )	/ 2 )
	=	-9.692	/	( (-0.526	+	-1.703)	/ 2 )
	=	-9.692	/	-1.1145
	=	869.63 %

Power Nickel's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-6.132	/	( ( (2.552 - 4.255)	+	(1.115 - 4.276) )	/ 2 )
	=	-6.132	/	( ( -1.703	+	-3.161 )	/ 2 )
	=	-6.132	/	-2.432
	=	0 %

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

Power Nickel (STU:IVV) 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.

Power Nickel ROCE % Related Terms

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Power Nickel (STU:IVV) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Power Nickel Inc (STU:IVV) » Definitions » ROCE %

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PNPNF:USA PNPN:Canada

Address

82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1

Website

https://www.chileanmetals.com

Power Nickel Inc, operates as a resource exploration company. It is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. Its projects include Tierra de Oro, Zulema and Lynn, Parrsboro, and Bass River Properties, among others. It operates in one industry segment, namely the exploration of mineral resources in two geographic regions, Canada and Chile.