Nevada Sunrise Metals (STU:K4L) ROCE % : -22.37% (As of Dec. 2024)

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What is Nevada Sunrise Metals 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. Nevada Sunrise Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -22.37%.

Nevada Sunrise Metals ROCE % Historical Data

The historical data trend for Nevada Sunrise Metals'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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Nevada Sunrise Metals ROCE % Chart

Nevada Sunrise Metals Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

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-45.93

-215.03

-74.98

-91.81

-61.29

Nevada Sunrise Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-62.69	-133.50	-42.36	-	-22.37

Nevada Sunrise Metals ROCE % Calculation

Nevada Sunrise Metals's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-0.756	/	( ( (1.386 - 0.215)	+	(1.401 - 0.105) )	/ 2 )
	=	-0.756	/	( (1.171	+	1.296)	/ 2 )
	=	-0.756	/	1.2335
	=	-61.29 %

Nevada Sunrise Metals's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.288	/	( ( (1.401 - 0.105)	+	(1.34 - 0.061) )	/ 2 )
	=	-0.288	/	( ( 1.296	+	1.279 )	/ 2 )
	=	-0.288	/	1.2875
	=	-22.37 %

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

Nevada Sunrise Metals (STU:K4L) 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.

Nevada Sunrise Metals ROCE % Related Terms

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Nevada Sunrise Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevada Sunrise Metals Corp (STU:K4L) » Definitions » ROCE %

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NVSGF:USA NEV:Canada

Address

1199 West Pender Street, Suite 408, Vancouver, BC, CAN, V6E 2R1

Website

https://www.nevadasunrise.ca

Nevada Sunrise Metals Corp is engaged in the acquisition, exploration and evaluation of its mineral property assets located in the State of Nevada, the United States of America. Some of its projects include Gemini, Badlands, Jackson Wash, Coronado and Pelican.

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