Sky Gold (STU:QSG) ROCE % : -94.01% (As of Dec. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Sky Gold 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. Sky Gold's annualized ROCE % for the quarter that ended in Dec. 2024 was -94.01%.

Sky Gold ROCE % Historical Data

The historical data trend for Sky Gold'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.

Sky Gold ROCE % Chart

Sky Gold Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

-38.58

-36.89

-17.01

-21.12

-74.47

Sky Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-121.10	-89.82	-88.37	-88.89	-94.01

Sky Gold ROCE % Calculation

Sky Gold's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-0.331	/	( ( (0.402 - 0.069)	+	(0.698 - 0.142) )	/ 2 )
	=	-0.331	/	( (0.333	+	0.556)	/ 2 )
	=	-0.331	/	0.4445
	=	-74.47 %

Sky Gold'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 )
	=	-0.424	/	( ( (0.647 - 0.15)	+	(0.617 - 0.212) )	/ 2 )
	=	-0.424	/	( ( 0.497	+	0.405 )	/ 2 )
	=	-0.424	/	0.451
	=	-94.01 %

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

Sky Gold (STU:QSG) 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.

Sky Gold ROCE % Related Terms

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

Sky Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sky Gold Corp (STU:QSG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SRKZF:USA QSG:Germany SKYG:Canada

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.skygoldcorp.com

Sky Gold Corp is an exploration-stage company operating in Canada. It is engaged in the process of exploring and developing its resource properties. The company's project includes Mustang Property, Virginia Property, Horne, Laurie, Ontario Nikel. Imperial and Clone Gold Property and Evening Star. Geographically, it operates in Canada and the United States. It earns its maximum revenue from Canada.