Galiano Gold (TSX:GAU) ROCE % : 5.03% (As of Dec. 2024)

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What is Galiano 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. Galiano Gold's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.03%.

Galiano Gold ROCE % Historical Data

The historical data trend for Galiano 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.

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Galiano Gold ROCE % Chart

Galiano Gold Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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33.17

-41.27

27.23

13.83

4.70

Galiano 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															-11.24	-6.06	10.68	2.72	5.03

Galiano Gold ROCE % Calculation

Galiano Gold'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 )
	=	19.402	/	( ( (286.166 - 16.083)	+	(712.853 - 157.878) )	/ 2 )
	=	19.402	/	( (270.083	+	554.975)	/ 2 )
	=	19.402	/	412.529
	=	4.70 %

Galiano 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 )
	=	28.02	/	( ( (682.71 - 124.611)	+	(712.853 - 157.878) )	/ 2 )
	=	28.02	/	( ( 558.099	+	554.975 )	/ 2 )
	=	28.02	/	556.537
	=	5.03 %

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

Galiano Gold (TSX:GAU) 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.

Galiano Gold ROCE % Related Terms

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Galiano Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galiano Gold Inc (TSX:GAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GAU:USA 0UIT:UK B7U:Germany B7U:Germany

Address

1066 West Hastings Street, Suite 1640, Vancouver, BC, CAN, V6E 3X1

Website

https://www.galianogold.com

Galiano Gold Inc is focused on building a sustainable business capable of long term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and disciplined deployment of its financial resources. The company currently operates and manages: Nkran, Esaase, Abore and Miradani North, multiple satellite deposits and exploration projects located on the Asankrangwa Gold Belt in the Amansie West District of the Republic of Ghana (Ghana), West Africa.

Executives

Paul Nicholas Wright	Director
Navin Dyal	Director
Maciej Badylak	Senior Officer
Krista Muhr	Senior Officer
Matthew Freeman	Senior Officer
Michael Price	Director
Gregory Smith	Senior Officer
Dawn Louise Moss	Director
Sun Valley Gold Llc	10% Security Holder
Gold Mountains Asset Management Limited	10% Security Holder
Jin Huang Mining Company Limited	10% Security Holder
Zijin Global Fund	10% Security Holder
Fausto Di Trapani	Senior Officer
Gordon Fretwell	Director