Arcus Development Group (TSXV:ADG.H) ROCE % : 0.00% (As of Jul. 2024)

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What is Arcus Development Group 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. Arcus Development Group's annualized ROCE % for the quarter that ended in Jul. 2024 was 0.00%.

Arcus Development Group ROCE % Historical Data

The historical data trend for Arcus Development Group'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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Arcus Development Group ROCE % Chart

Arcus Development Group Annual Data

Trend

Jul15

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Jul24

ROCE %

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-1,500.00

-45.99

Arcus Development Group Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-10.88	-158.68	-	-	-

Arcus Development Group ROCE % Calculation

Arcus Development Group's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-0.184	/	( ( (0.081 - 0.009)	+	(0.028 - 0.14) )	/ 2 )
	=	-0.184	/	( (0.072	+	-0.112)	/ 2 )
	=	-0.184	/	-0.02
	=	920.00 %

Arcus Development Group's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-0.016	/	( ( (0.032 - 0.139)	+	(0.028 - 0.14) )	/ 2 )
	=	-0.016	/	( ( -0.107	+	-0.112 )	/ 2 )
	=	-0.016	/	-0.1095
	=	0 %

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

Arcus Development Group (TSXV:ADG.H) 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.

Arcus Development Group ROCE % Related Terms

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Arcus Development Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arcus Development Group Inc (TSXV:ADG.H) » Definitions » ROCE %

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Address

905 West Pender Street, Suite 402, Vancouver, BC, CAN, V6C 1L6

Website

https://www.arcusdevelopmentgroup.com

Arcus Development Group Inc is a mineral exploration company. The company pursues and develops property interests considered to be sites of potential economic mineralization. The company's project portfolio includes Touleary.

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