TMBXF (Tombstone Exploration) ROCE %: -77.63% (As of Dec. 2021)

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TMBXF Tombstone Exploration Corp TMBXF
39 GF Score
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What is Tombstone Exploration ROCE %?

Tombstone Exploration TMBXF -98.89% 39 ROCE % is -77.63% as of Dec. 2021. GuruFocus rates TMBXF with a GF Score™ of 39/100.

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. Tombstone Exploration's annualized ROCE % for the quarter that ended in Dec. 2021 was -77.63%.

Tombstone Exploration  (OTCPK:TMBXF) 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.

Tombstone Exploration ROCE % Related Terms

Tombstone Exploration ROCE % Historical Data

* Premium members only.

The historical data trend for Tombstone Exploration'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.

Tombstone Exploration ROCE % Chart

Tombstone Exploration Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -707.13 -76.46 -77.63

Tombstone Exploration Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 0.00 0.00 -707.13 -76.46 -77.63
TMBXF
39GF Score
Tombstone Exploration Corp TMBXF
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Tombstone Exploration ROCE % Calculation

Tombstone Exploration's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-1.825/( ( (3.053 - 0.546) + (3.04 - 0.845) )/ 2 )
=-1.825/( (2.507+2.195)/ 2 )
=-1.825/2.351
=-77.63 %

Tombstone Exploration's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=-1.825/( ( (3.053 - 0.546) + (3.04 - 0.845) )/ 2 )
=-1.825/( ( 2.507 + 2.195 )/ 2 )
=-1.825/2.351
=-77.63 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2021) 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 -77.63% mean?
Tombstone Exploration (TMBXF) has a ROCE % of -77.63% as of Dec. 2021.
Is Tombstone Exploration's ROCE % too high?
Tombstone Exploration's current ROCE % is -77.63%. Overall, Tombstone Exploration has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Tombstone Exploration's ROCE % compare to WNFT and NMEX?
Tombstone Exploration's ROCE % of -77.63% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. 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. Tombstone Exploration's current ROCE % is -77.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tombstone Exploration stock overvalued right now?
Tombstone Exploration (TMBXF) has a current ROCE % of -77.63%. The current ROCE % is -77.63%. Tombstone Exploration's overall GF Score™ is 39/100. 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 Tombstone Exploration (TMBXF), the current ROCE % is -77.63% as of Dec. 2021. 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.

Tombstone Exploration Business Description

Address 6529 E. Friess Drive, Scottsdale, AZ, USA, 85254
Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.
39GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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