iMining Technologies (STU:P1A) ROCE %: -18.46% (As of Feb. 2022)


What is iMining Technologies ROCE %?

iMining Technologies STU:P1A ROCE % is -18.46% as of Feb. 2022.

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. iMining Technologies's annualized ROCE % for the quarter that ended in Feb. 2022 was -18.46%.

iMining Technologies  (STU:P1A) 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.

iMining Technologies ROCE % Related Terms

iMining Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for iMining Technologies'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.

iMining Technologies ROCE % Chart

iMining Technologies Annual Data
Trend May12 May13 May14 May15 May16 May17 May18 May19 May20 May21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.76 -19.70 -154.69 -474.79 -44.50

iMining Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -721.57 -163.42 -8.92 3.01 -18.46

iMining Technologies ROCE % Calculation

iMining Technologies's annualized ROCE % for the fiscal year that ended in May. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2021 )  (A: May. 2020 )(A: May. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2021 )  (A: May. 2020 )(A: May. 2021 )
=-2.412/( ( (0.011 - 0.177) + (11.178 - 0.171) )/ 2 )
=-2.412/( (-0.166+11.007)/ 2 )
=-2.412/5.4205
=-44.50 %

iMining Technologies's ROCE % of for the quarter that ended in Feb. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=-2.408/( ( (13.516 - 0.234) + (12.994 - 0.181) )/ 2 )
=-2.408/( ( 13.282 + 12.813 )/ 2 )
=-2.408/13.0475
=-18.46 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2022) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -18.46% mean?
iMining Technologies (STU:P1A) has a ROCE % of -18.46% as of Feb. 2022.
Is iMining Technologies' ROCE % too high?
iMining Technologies' current ROCE % is -18.46%.
How does iMining Technologies' ROCE % compare to FDCT and SYSX?
iMining Technologies' ROCE % of -18.46% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 5.64, based on 693 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iMining Technologies's current ROCE % is -18.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iMining Technologies stock overvalued right now?
iMining Technologies (STU:P1A) has a current ROCE % of -18.46%. The current ROCE % is -18.46%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For iMining Technologies (STU:P1A), the current ROCE % is -18.46% as of Feb. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

iMining Technologies Business Description

Address 750 - 580 Hornby Street, Vancouver, BC, CAN, V6C 3B6
iMining Technologies Inc is engaged in cryptocurrency and blockchain space by mining cryptocurrencies and providing infrastructure and power to its colocation clients. The company aims to give investors exposure to the digital currency revolution and blockchain space.