Boundary Gold and Copper Mining (TSXV:BDGC.H) ROCE % : 0.00% (As of Feb. 2024)

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What is Boundary Gold and Copper Mining 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. Boundary Gold and Copper Mining's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

Boundary Gold and Copper Mining ROCE % Historical Data

The historical data trend for Boundary Gold and Copper Mining'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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Boundary Gold and Copper Mining ROCE % Chart

Boundary Gold and Copper Mining Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

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-163.56

-49.50

-87.38

-191.28

Boundary Gold and Copper Mining Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Boundary Gold and Copper Mining ROCE % Calculation

Boundary Gold and Copper Mining's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-0.246	/	( ( (0.916 - 0.903)	+	(0.778 - 1.016) )	/ 2 )
	=	-0.246	/	( (0.013	+	-0.238)	/ 2 )
	=	-0.246	/	-0.1125
	=	218.67 %

Boundary Gold and Copper Mining's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.176	/	( ( (0.796 - 1.089)	+	(0.753 - 1.092) )	/ 2 )
	=	-0.176	/	( ( -0.293	+	-0.339 )	/ 2 )
	=	-0.176	/	-0.316
	=	0 %

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

Boundary Gold and Copper Mining (TSXV:BDGC.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.

Boundary Gold and Copper Mining ROCE % Related Terms

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Boundary Gold and Copper Mining (TSXV:BDGC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Boundary Gold and Copper Mining Ltd (TSXV:BDGC.H) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6

Website

http://www.prizemining.com

Boundary Gold and Copper Mining Ltd is a resource exploration company. It is engaged in the business activity of acquiring and exploring resource properties in Canada. The organization is focused on the Kena and Daylight Gold project which is in the Nelson area of British Columbia, Canada. Its projects also include the Manto Negro Copper Project. The company operates in Canada and Mexico.

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