Bayridge Resources (STU:O0K) ROCE % : -64.07% (As of Mar. 2025)

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What is Bayridge 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. Bayridge Resources's annualized ROCE % for the quarter that ended in Mar. 2025 was -64.07%.

Bayridge Resources ROCE % Historical Data

The historical data trend for Bayridge 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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Bayridge Resources ROCE % Chart

Bayridge Resources Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

-156.36

-307.43

Bayridge Resources Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial					-252.15	-470.49	-71.04	-155.16	-64.07

Bayridge Resources ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-4.035	/	( ( (0.278 - 0.038)	+	(2.629 - 0.244) )	/ 2 )
	=	-4.035	/	( (0.24	+	2.385)	/ 2 )
	=	-4.035	/	1.3125
	=	-307.43 %

Bayridge Resources's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	-1.424	/	( ( (2.629 - 0.244)	+	(2.328 - 0.268) )	/ 2 )
	=	-1.424	/	( ( 2.385	+	2.06 )	/ 2 )
	=	-1.424	/	2.2225
	=	-64.07 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Bayridge Resources (STU:O0K) 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.

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Bayridge Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bayridge Resources Corp (STU:O0K) » Definitions » ROCE %

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Traded in Other Exchanges

BYRRF:USA BYRG:Canada

Address

800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6

Website

https://www.bayridgeresources.com

Bayridge Resources Corp is a junior resource exploration & development company focused on the recent interest and growth of the Uranium sector via an opportunity in the historically prolific Athabasca basin Uranium District of Western Canada's province of Saskatchewan. Its flagship Waterbury East project is located in the northeastern Athabasca Basin region.

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