Dynasty Gold (TSXV:DYG) ROCE % : -14.00% (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Dynasty Gold 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. Dynasty Gold's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.00%.

Dynasty Gold ROCE % Historical Data

The historical data trend for Dynasty Gold'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.

Dynasty Gold ROCE % Chart

Dynasty Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-24.99

-18.50

-28.46

-13.92

-12.94

Dynasty Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-8.91	-18.47	-11.60	-5.39	-14.00

Dynasty Gold ROCE % Calculation

Dynasty Gold'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 )
	=	-0.534	/	( ( (2.898 - 0.355)	+	(5.949 - 0.239) )	/ 2 )
	=	-0.534	/	( (2.543	+	5.71)	/ 2 )
	=	-0.534	/	4.1265
	=	-12.94 %

Dynasty Gold's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.824	/	( ( (6.279 - 0.217)	+	(5.949 - 0.239) )	/ 2 )
	=	-0.824	/	( ( 6.062	+	5.71 )	/ 2 )
	=	-0.824	/	5.886
	=	-14.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Dynasty Gold (TSXV:DYG) 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.

Dynasty Gold ROCE % Related Terms

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

Dynasty Gold (TSXV:DYG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dynasty Gold Corp (TSXV:DYG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DGDCF:USA D5G1:Germany

Address

610 Granville Street, Suite 1613, Vancouver, BC, CAN, V6C 3T3

Website

https://www.dynastygoldcorp.com

Dynasty Gold Corp is an exploration stage company, that engages in the acquisition, exploration, and development of mineral properties. The company primarily explores gold. It owns the Golden Repeat Property, which is located in the Elko County of Nevada, the United States, and the Thundercloud project located in Ontario, Canada.

Dynasty Gold (TSXV:DYG) Headlines

No Headlines