Gunnison Copper (TSX:GCU) ROCE % : -50.76% (As of Sep. 2024)

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What is Gunnison Copper 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. Gunnison Copper's annualized ROCE % for the quarter that ended in Sep. 2024 was -50.76%.

Gunnison Copper ROCE % Historical Data

The historical data trend for Gunnison Copper'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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Gunnison Copper ROCE % Chart

Gunnison Copper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-25.31

-15.78

-51.57

30.93

-23.76

Gunnison Copper Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															13.56	-87.23	-37.03	-52.91	-50.76

Gunnison Copper ROCE % Calculation

Gunnison Copper's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-34.164	/	( ( (161.337 - 23.912)	+	(156.173 - 6.012) )	/ 2 )
	=	-34.164	/	( (137.425	+	150.161)	/ 2 )
	=	-34.164	/	143.793
	=	-23.76 %

Gunnison Copper'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 )
	=	-74.948	/	( ( (158.117 - 13.05)	+	(186.337 - 36.114) )	/ 2 )
	=	-74.948	/	( ( 145.067	+	150.223 )	/ 2 )
	=	-74.948	/	147.645
	=	-50.76 %

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

Gunnison Copper (TSX:GCU) 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.

Gunnison Copper ROCE % Related Terms

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Gunnison Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gunnison Copper Corp (TSX:GCU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GCUMF:USA 3XS0:Germany

Address

2999 North 44th St., Suite 300, Concord Place, Phoenix, AZ, USA, 85018

Website

https://www.gunnisoncopper.com

Gunnison Copper Corp is a mineral exploration and production company that owns the Gunnison Copper Project in Cochise County, Arizona.tates. It is developed as a conventional open pit mining operation for copper cathode production. The Company also owns a portfolio of adjacent exploration projects, including the historical South Star deposit and the Peabody Sill and the Harris deposits.

Executives

Stephen Twyerould	Director, Senior Officer
Craig James Hallworth	Senior Officer
Mark Joseph Morabito	Director, Senior Officer
Colin Brent Kinley	Director
John Jeffery Jennex	Senior Officer
Robin Renwick	Director
Sheila Margaret Paine	Senior Officer

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