Blue Thunder Mining (TSXV:BLUE) ROCE % : 0.00% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Blue Thunder 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. Blue Thunder Mining's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Blue Thunder Mining ROCE % Historical Data

The historical data trend for Blue Thunder 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.

* Premium members only.

Blue Thunder Mining ROCE % Chart

Blue Thunder Mining Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-205.10

-202.54

-154.32

-362.17

-409.86

Blue Thunder Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-364.37	-	-	-	-

Blue Thunder Mining ROCE % Calculation

Blue Thunder Mining'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 )
	=	-0.707	/	( ( (0.525 - 0.642)	+	(1.169 - 0.707) )	/ 2 )
	=	-0.707	/	( (-0.117	+	0.462)	/ 2 )
	=	-0.707	/	0.1725
	=	-409.86 %

Blue Thunder Mining's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1.276	/	( ( (0.162 - 0.649)	+	(1.169 - 0.707) )	/ 2 )
	=	-1.276	/	( ( -0.487	+	0.462 )	/ 2 )
	=	-1.276	/	-0.0125
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Blue Thunder Mining (TSXV:BLUE) 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.

Blue Thunder Mining ROCE % Related Terms

Thank you for viewing the detailed overview of Blue Thunder Mining's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Blue Thunder Mining (TSXV:BLUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blue Thunder Mining Inc (TSXV:BLUE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BLTMF:USA

Address

401 Bay Street, Suite 2704, P.O. Box 4, Toronto, ON, CAN, M5H 2Y4

Website

https://www.bluethundermining.com

Blue Thunder Mining Inc is a mining company. It is focused on the acquisition, exploration, and development of mineral properties in Canada. The firm's projects include the Nelligan gold deposit, Monster Lake gold deposit, Chevrier Main Zone gold deposit, and Joe Mann gold mine. The Company's only activity is mineral exploration and evaluation. All of the Company's field equipment and supplies and exploration claims are physically located in the Province of Quebec.