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Abcourt Mines (TSXV:ABI) ROCE % : -98.77% (As of Dec. 2024)


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What is Abcourt Mines 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. Abcourt Mines's annualized ROCE % for the quarter that ended in Dec. 2024 was -98.77%.


Abcourt Mines ROCE % Historical Data

The historical data trend for Abcourt Mines'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.

Abcourt Mines ROCE % Chart

Abcourt Mines Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.12 7.77 -152.33 -71.01 -131.08

Abcourt Mines 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 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 -160.19 -161.49 -145.91 -86.47 -98.77

Abcourt Mines ROCE % Calculation

Abcourt Mines's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-10.525/( ( (17.401 - 7.319) + (14.064 - 8.087) )/ 2 )
=-10.525/( (10.082+5.977)/ 2 )
=-10.525/8.0295
=-131.08 %

Abcourt Mines'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 )
=-10.196/( ( (16.399 - 7.138) + (18.119 - 6.735) )/ 2 )
=-10.196/( ( 9.261 + 11.384 )/ 2 )
=-10.196/10.3225
=-98.77 %

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


Abcourt Mines  (TSXV:ABI) 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.


Abcourt Mines ROCE % Related Terms

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Abcourt Mines Business Description

Traded in Other Exchanges
Address
475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1
Abcourt Mines Inc is engaged in the acquisition, exploration and evaluation, development, and operation of mining properties in Canada, predominantly gold. The company holds an interest in projects like the Sleeping Giant Mine, the Elder Mine and the Tagami property, Discovery, Flordin, Aldermac, Jonpol, and the Pershing-Manitou property among others.
Executives
Pascal Hamelin Director, Senior Officer
Francois Joseph Pierre Marie Mestrallet 10% Security Holder, Director
Christine Lefebvre Senior Officer
Normand Hinse Director
Loïc Bureau Director
DÉcochib 10% Security Holder
Renaud Hinse 10% Security Holder

Abcourt Mines Headlines

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