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Fancamp Exploration (TSXV:FNC) ROCE % : 30.47% (As of Oct. 2024)


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What is Fancamp Exploration 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. Fancamp Exploration's annualized ROCE % for the quarter that ended in Oct. 2024 was 30.47%.


Fancamp Exploration ROCE % Historical Data

The historical data trend for Fancamp Exploration'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.

Fancamp Exploration ROCE % Chart

Fancamp Exploration Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.48 57.09 -11.99 28.40 -5.05

Fancamp Exploration Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Apr24 Jul24 Oct24
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 -16.89 18.76 - 6.62 30.47

Fancamp Exploration ROCE % Calculation

Fancamp Exploration's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=-2.414/( ( (53.689 - 6.926) + (55.282 - 6.462) )/ 2 )
=-2.414/( (46.763+48.82)/ 2 )
=-2.414/47.7915
=-5.05 %

Fancamp Exploration's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2024 )  (Q: Jul. 2024 )(Q: Oct. 2024 )
=15.796/( ( (55.933 - 6.299) + (61.407 - 7.374) )/ 2 )
=15.796/( ( 49.634 + 54.033 )/ 2 )
=15.796/51.8335
=30.47 %

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


Fancamp Exploration  (TSXV:FNC) 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.


Fancamp Exploration ROCE % Related Terms

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Fancamp Exploration Business Description

Traded in Other Exchanges
Address
7290 Gray Avenue, Burnaby, BC, CAN, V5J 3Z2
Fancamp Exploration Ltd is a mineral exploration corporation dedicated to its value-added approach of advancing mineral properties through exploration and development. The company owns numerous mineral resource properties in Quebec, Ontario and New Brunswick, including gold, rare earth metals, strategic and base metals, zinc, chromium, titanium and others.
Executives
Rajesh Sharma Director, Senior Officer
Leonard Francis Macdonald Director
Francois Auclair Senior Officer
James Robert Hunter 10% Security Holder
Ashwath Mehra Director
Champion Iron Mines Limited (formerly Champion Minerals Inc.) 10% Security Holder
Paul Russell Ankcorn Director

Fancamp Exploration Headlines

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