DLP Resources (TSXV:DLP) ROCE % : -207.18% (As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is DLP 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. DLP Resources's annualized ROCE % for the quarter that ended in Jan. 2024 was -207.18%.

DLP Resources ROCE % Historical Data

The historical data trend for DLP 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.

* Premium members only.

DLP Resources ROCE % Chart

DLP Resources Annual Data

Trend

Apr20

Apr21

Apr22

ROCE %

-297.77

-132.41

DLP Resources Quarterly Data
	Jan20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial									-756.74	-421.47	-692.64	-335.78	-207.18

DLP Resources ROCE % Calculation

DLP Resources's annualized ROCE % for the fiscal year that ended in Apr. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2022 )		(A: Apr. 2021 )		(A: Apr. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2022 )		(A: Apr. 2021 )		(A: Apr. 2022 )
	=	-2.014	/	( ( (1.51 - 0.176)	+	(1.868 - 0.16) )	/ 2 )
	=	-2.014	/	( (1.334	+	1.708)	/ 2 )
	=	-2.014	/	1.521
	=	-132.41 %

DLP Resources's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-5.684	/	( ( (3.658 - 0.551)	+	(2.583 - 0.203) )	/ 2 )
	=	-5.684	/	( ( 3.107	+	2.38 )	/ 2 )
	=	-5.684	/	2.7435
	=	-207.18 %

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

DLP Resources (TSXV:DLP) 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.

DLP Resources ROCE % Related Terms

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

DLP Resources (TSXV:DLP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DLP Resources Inc (TSXV:DLP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DLPRF:USA

Address

135 - 10th Avenue S., Suite 201, Cranbrook, BC, CAN, V1C 2N1

Website

https://www.dlpresourcesinc.com

DLP Resources Inc is an operator of a mineral exploration company intended to focus on exploring base metals, cobalt, and minerals in Southeastern British Columbia. The company's mineral portfolio in Southeastern British Columbia consists of Aldridge 1, Aldridge 2, Redburn, Hungry Creek, DD, Moby Dick, and NZOU, and in Peru consists of Aurora and Esperanza, planned to design, implement and manage cost-effective and successful exploration programs.

DLP Resources (TSXV:DLP) Headlines

No Headlines