SXOOF (St-Georges Eco-Mining) ROCE % : -11.95% (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is St-Georges Eco-Mining 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. St-Georges Eco-Mining's annualized ROCE % for the quarter that ended in Sep. 2024 was -11.95%.

St-Georges Eco-Mining ROCE % Historical Data

The historical data trend for St-Georges Eco-Mining'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.

St-Georges Eco-Mining ROCE % Chart

St-Georges Eco-Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-435.43

-79.19

19.94

-37.67

St-Georges Eco-Mining Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-28.10	-14.78	-100.93	-11.44	-11.95

St-Georges Eco-Mining ROCE % Calculation

St-Georges Eco-Mining's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-5.911	/	( ( (19.326 - 6.827)	+	(20.727 - 1.845) )	/ 2 )
	=	-5.911	/	( (12.499	+	18.882)	/ 2 )
	=	-5.911	/	15.6905
	=	-37.67 %

St-Georges Eco-Mining's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-2.188	/	( ( (20.383 - 2.068)	+	(20.537 - 2.229) )	/ 2 )
	=	-2.188	/	( ( 18.315	+	18.308 )	/ 2 )
	=	-2.188	/	18.3115
	=	-11.95 %

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

St-Georges Eco-Mining (OTCPK:SXOOF) 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.

St-Georges Eco-Mining ROCE % Related Terms

Thank you for viewing the detailed overview of St-Georges Eco-Mining's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

St-Georges Eco-Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » St-Georges Eco-Mining Corp (OTCPK:SXOOF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

85G1:Germany SX:Canada

Address

1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A3G4

Website

https://www.stgeorgesecomining.com

St-Georges Eco-Mining Corp is engaged in the acquisition and exploration of mining properties. The company operates in one business segment: the acquisition and exploration of properties. It has four mining projects in Quebec, Canada: the Manicouagan Project, the Villebon Project, the Julie Project, and the Notre Dame Project.