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Eagle Plains Resources (TSXV:EPL) ROCE % : -19.14% (As of Dec. 2023)


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What is Eagle Plains 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. Eagle Plains Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -19.14%.


Eagle Plains Resources ROCE % Historical Data

The historical data trend for Eagle Plains 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.

Eagle Plains Resources ROCE % Chart

Eagle Plains Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.48 -7.00 2.23 -5.12 -10.92

Eagle Plains Resources 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 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 -21.77 -24.38 -0.88 0.89 -19.14

Eagle Plains Resources ROCE % Calculation

Eagle Plains Resources'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 )
=-1.444/( ( (14.343 - 1.726) + (14.735 - 0.913) )/ 2 )
=-1.444/( (12.617+13.822)/ 2 )
=-1.444/13.2195
=-10.92 %

Eagle Plains Resources'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 )
=-2.744/( ( (17.246 - 2.393) + (14.735 - 0.913) )/ 2 )
=-2.744/( ( 14.853 + 13.822 )/ 2 )
=-2.744/14.3375
=-19.14 %

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


Eagle Plains Resources  (TSXV:EPL) 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.


Eagle Plains Resources ROCE % Related Terms

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Eagle Plains Resources (TSXV:EPL) Business Description

Traded in Other Exchanges
Address
44 - 12th Avenue South, Suite 200, Cranbrook, BC, CAN, V1C 2R7
Eagle Plains Resources Ltd is a mineral exploration company which is engaged in exploring gold, base metals, uranium, rare earth elements and industrial minerals. The exploration properties include Iron Range, Findlay, Vulcan, Acacia, Donna, K9, Black diamond, Rusty springs, Bronco, Bear Twit and others.
Executives
Jesse Campbell Director, Senior Officer

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