Benz Mining (TSXV:BZ) ROCE % : -66.20% (As of Jan. 2025)

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What is Benz 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. Benz Mining's annualized ROCE % for the quarter that ended in Jan. 2025 was -66.20%.

Benz Mining ROCE % Historical Data

The historical data trend for Benz 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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Benz Mining ROCE % Chart

Benz Mining Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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-56.31

-167.62

-288.40

-111.94

-50.18

Benz Mining Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial															-19.35	-46.85	-21.02	-29.46	-66.20

Benz Mining ROCE % Calculation

Benz Mining's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-4.02	/	( ( (13.074 - 4.308)	+	(7.62 - 0.363) )	/ 2 )
	=	-4.02	/	( (8.766	+	7.257)	/ 2 )
	=	-4.02	/	8.0115
	=	-50.18 %

Benz Mining's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	-8.356	/	( ( (6.895 - 0.394)	+	(19.703 - 0.96) )	/ 2 )
	=	-8.356	/	( ( 6.501	+	18.743 )	/ 2 )
	=	-8.356	/	12.622
	=	-66.20 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

Benz Mining (TSXV:BZ) 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.

Benz Mining ROCE % Related Terms

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Benz Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Benz Mining Corp (TSXV:BZ) » Definitions » ROCE %

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BENZF:USA 1VU:Germany BNZ:Australia

Address

Bentall Four 1055 Dunsmuir Street, Suite 3000, Vancouver, BC, CAN, V6E 2E9

Website

https://www.benzmining.com

Benz Mining Corp is a Canada-based gold exploration company. The company is engaged in the acquisition, exploration, and exploitation of mineral properties in the Americas. It acquires 100% of the Eastmain Gold Mine Project, a resource stage Au-Ag-Cu deposit in the James Bay Region, Quebec.

Executives