Tectonic Metals (STU:T15B) ROCE % : -183.91% (As of Dec. 2024)

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What is Tectonic 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. Tectonic Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -183.91%.

Tectonic Metals ROCE % Historical Data

The historical data trend for Tectonic 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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Tectonic Metals ROCE % Chart

Tectonic Metals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-180.69

-361.58

-176.97

-320.20

-159.15

Tectonic Metals 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															-332.65	-122.14	-130.22	-471.12	-183.91

Tectonic Metals ROCE % Calculation

Tectonic Metals'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 )
	=	-3.413	/	( ( (2.56 - 0.512)	+	(2.533 - 0.292) )	/ 2 )
	=	-3.413	/	( (2.048	+	2.241)	/ 2 )
	=	-3.413	/	2.1445
	=	-159.15 %

Tectonic 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 )
	=	-3.452	/	( ( (2.136 - 0.623)	+	(2.533 - 0.292) )	/ 2 )
	=	-3.452	/	( ( 1.513	+	2.241 )	/ 2 )
	=	-3.452	/	1.877
	=	-183.91 %

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

Tectonic Metals (STU:T15B) 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.

Tectonic Metals ROCE % Related Terms

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Tectonic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tectonic Metals Inc (STU:T15B) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TETOF:USA T15B:Germany TECT:Canada

Address

1199 West Hastings Street, Suite 1400, Vancouver, BC, CAN, V6E 3T5

Website

https://www.tectonicmetals.com

Tectonic Metals Inc is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral properties in the United States. The company's exploration is focused on discovering and delineating gold resources. Its properties portfolio includes the Tibbs Property, Flats Property, and others.

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