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Elysee Development (TSXV:ELC) ROCE % : 29.91% (As of Sep. 2024)


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What is Elysee Development 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. Elysee Development's annualized ROCE % for the quarter that ended in Sep. 2024 was 29.91%.


Elysee Development ROCE % Historical Data

The historical data trend for Elysee Development'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.

Elysee Development ROCE % Chart

Elysee Development Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.56 24.01 0.22 -13.88 -30.35

Elysee Development 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 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 -39.98 -69.66 9.93 -10.91 29.91

Elysee Development ROCE % Calculation

Elysee Development'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 )
=-4.03/( ( (15.537 - 0.141) + (11.22 - 0.062) )/ 2 )
=-4.03/( (15.396+11.158)/ 2 )
=-4.03/13.277
=-30.35 %

Elysee Development'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 )
=4.04/( ( (13.065 - 0.038) + (13.99 - 0.006) )/ 2 )
=4.04/( ( 13.027 + 13.984 )/ 2 )
=4.04/13.5055
=29.91 %

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


Elysee Development  (TSXV:ELC) 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.


Elysee Development ROCE % Related Terms

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Elysee Development Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Elysee Development Corp is a diversified investment and venture capital firm with a focus on publicly traded companies in the natural resource sector. The company is an investment issuer with an actively managed investment portfolio of common shares and other securities, and investments cover a broad range of activities with a focus on natural resources and in particular the precious metals sector. The investment activities of the company are currently concentrated on junior exploration and mining companies active in the gold and silver sector as well as several technology companies.
Executives
Guido Cloetens 10% Security Holder, Director, Senior Officer
Thibaut Jan Lepouttre Director
Gordon Steblin Senior Officer
Elysee Development Corp. Issuer
Stuart Rogers Director, Senior Officer
Gaston Jozef Maria Reymenants Director
Martin Andrew Burian Director

Elysee Development Headlines

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