Canasil Resources (TSXV:CLZ) ROCE %: -2,317.42% (As of Mar. 2026)


What is Canasil Resources ROCE %?

Canasil Resources TSXV:CLZ ROCE % is -2,317.42% as of Mar. 2026.

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. Canasil Resources's annualized ROCE % for the quarter that ended in Mar. 2026 was -2,317.42%.

Canasil Resources  (TSXV:CLZ) 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.

Canasil Resources ROCE % Related Terms

Canasil Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Canasil 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.

Canasil Resources ROCE % Chart

Canasil Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -282.44 -428.18 0.00 0.00 0.00

Canasil Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -8,072.73 0.00 0.00 -2,317.42

Canasil Resources ROCE % Calculation

Canasil Resources's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.439/( ( (0.061 - 0.383) + (0.094 - 0.416) )/ 2 )
=-0.439/( (-0.322+-0.322)/ 2 )
=-0.439/-0.322
=136.34 %

Canasil Resources's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-1.796/( ( (0.094 - 0.416) + (0.69 - 0.213) )/ 2 )
=-1.796/( ( -0.322 + 0.477 )/ 2 )
=-1.796/0.0775
=-2,317.42 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -2,317.42% mean?
Canasil Resources (TSXV:CLZ) has a ROCE % of -2,317.42% as of Mar. 2026.
Is Canasil Resources' ROCE % too high?
Canasil Resources' current ROCE % is -2,317.42%.
How does Canasil Resources' ROCE % compare to competitors?
Canasil Resources' ROCE % of -2,317.42% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Canasil Resources's current ROCE % is -2,317.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canasil Resources stock overvalued right now?
Canasil Resources (TSXV:CLZ) has a current ROCE % of -2,317.42%. The current ROCE % is -2,317.42%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Canasil Resources (TSXV:CLZ), the current ROCE % is -2,317.42% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canasil Resources Business Description

Other Exchanges CNSUF:USA3CC:Germany
Address 750 West Pender Street, Suite 1760, Vancouver, BC, CAN, V6C 2T8
Canasil Resources Inc is a mining and mineral exploration company. The company has a portfolio of precious and base metal exploration projects. The Company currently operates in only one operating segment, that being the mineral exploration industry. The company operates in the geographical areas of Canada and Mexico. It holds mineral interests in the La Esperanza project, Salamandra project, Nora project, Colibri project, Vizcaino project, and others.