Champion Bear Resources (TSXV:CBA) ROCE % : -11.29% (As of Sep. 2024)

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What is Champion Bear Resources 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. Champion Bear Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was -11.29%.

Champion Bear Resources ROCE % Historical Data

The historical data trend for Champion Bear Resources'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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Champion Bear Resources ROCE % Chart

Champion Bear Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-95.77

-18.59

-17.18

-13.25

-13.91

Champion Bear Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-6.30	-22.19	-10.38	-21.00	-11.29

Champion Bear Resources ROCE % Calculation

Champion Bear Resources'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 )
	=	-0.293	/	( ( (5.019 - 2.837)	+	(5.027 - 2.995) )	/ 2 )
	=	-0.293	/	( (2.182	+	2.032)	/ 2 )
	=	-0.293	/	2.107
	=	-13.91 %

Champion Bear Resources's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.208	/	( ( (5.033 - 3.162)	+	(5.04 - 3.226) )	/ 2 )
	=	-0.208	/	( ( 1.871	+	1.814 )	/ 2 )
	=	-0.208	/	1.8425
	=	-11.29 %

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

Champion Bear Resources (TSXV:CBA) 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.

Champion Bear Resources ROCE % Related Terms

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Champion Bear Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Champion Bear Resources Ltd (TSXV:CBA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CBRSF:USA

Address

2005 - 9th Street Southwest, Calgary, AB, CAN, T2T 3C4

Website

https://www.championbear.com

Champion Bear Resources Ltd is an exploration-stage mineral exploration and development company. The company is engaged in acquiring, exploring, and developing mining projects. The company's target minerals are gold, platinum group metals, copper, poly-metallics, tantalum, and rare earth elements. The company's project portfolio includes the Eagle Rock project, Parkin JV, the Plomp Farm project, and others.

Executives

Richard Derrick Kantor

10% Security Holder, Director, Senior Officer

Champion Bear Resources Headlines

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