Copper Fox Metals (TSXV:CUU) ROCE % : -1.42% (As of Jul. 2024)

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What is Copper Fox Metals 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. Copper Fox Metals's annualized ROCE % for the quarter that ended in Jul. 2024 was -1.42%.

Copper Fox Metals ROCE % Historical Data

The historical data trend for Copper Fox Metals'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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Copper Fox Metals ROCE % Chart

Copper Fox Metals Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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-1.26

-1.34

-1.42

-1.26

-1.38

Copper Fox Metals Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-1.75	-1.15	-1.20	-1.48	-1.42

Copper Fox Metals ROCE % Calculation

Copper Fox Metals's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-1.131	/	( ( (81.004 - 0.352)	+	(83.915 - 0.514) )	/ 2 )
	=	-1.131	/	( (80.652	+	83.401)	/ 2 )
	=	-1.131	/	82.0265
	=	-1.38 %

Copper Fox Metals's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-1.18	/	( ( (83.049 - 0.193)	+	(83.87 - 0.192) )	/ 2 )
	=	-1.18	/	( ( 82.856	+	83.678 )	/ 2 )
	=	-1.18	/	83.267
	=	-1.42 %

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

Copper Fox Metals (TSXV:CUU) 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.

Copper Fox Metals ROCE % Related Terms

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Copper Fox Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper Fox Metals Inc (TSXV:CUU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CPFXF:USA

Address

340 - 12th Avenue SW, Suite 650, Calgary, AB, CAN, T2R 1L5

Website

https://www.copperfoxmetals.com

Copper Fox Metals Inc is a Canadian-based resource company. It is focused on the exploration and development of copper mineral properties in Canada and the United States. It has interests in the Van Dyke Project, Sombrero Butte Project, Mineral Mountain Project, and Schaft Creek Properties, and Eaglehead Project. The geographic segments of the group are Canada and the United States.

Executives

Sergio Manuel Gomez	Director
R. Hector Mackay-dunn	Director
Elmer Stewart	Director, Senior Officer

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