Golden Ridge Resources (TSXV:GLDN) ROCE %: 56.70% (As of Mar. 2026)


What is Golden Ridge Resources ROCE %?

Golden Ridge Resources TSXV:GLDN ROCE % is 56.70% as of Mar. 2026.

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. Golden Ridge Resources's annualized ROCE % for the quarter that ended in Mar. 2026 was 56.70%.

Golden Ridge Resources  (TSXV:GLDN) 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.

Golden Ridge Resources ROCE % Related Terms

Golden Ridge Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Golden Ridge 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.

Golden Ridge Resources ROCE % Chart

Golden Ridge Resources Annual Data
Trend Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.77 -15.38 -5.63 -9.17 -8.31

Golden Ridge Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.44 -14.46 -8.02 -8.50 56.70

Golden Ridge Resources ROCE % Calculation

Golden Ridge Resources's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-0.493/( ( (6.055 - 0.334) + (6.267 - 0.117) )/ 2 )
=-0.493/( (5.721+6.15)/ 2 )
=-0.493/5.9355
=-8.31 %

Golden Ridge Resources's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3.984/( ( (5.98 - 0.064) + (8.184 - 0.048) )/ 2 )
=3.984/( ( 5.916 + 8.136 )/ 2 )
=3.984/7.026
=56.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 56.70% mean?
Golden Ridge Resources (TSXV:GLDN) has a ROCE % of 56.70% as of Mar. 2026.
Is Golden Ridge Resources' ROCE % too high?
Golden Ridge Resources' current ROCE % is 56.70%.
How does Golden Ridge Resources' ROCE % compare to HL?
Golden Ridge Resources' ROCE % of 56.70% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Golden Ridge Resources's current ROCE % is 56.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Ridge Resources stock overvalued right now?
Golden Ridge Resources (TSXV:GLDN) has a current ROCE % of 56.70%. The current ROCE % is 56.70%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Golden Ridge Resources (TSXV:GLDN), the current ROCE % is 56.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Ridge Resources Business Description

Other Exchanges GORIF:USA44GG:Germany
Address 301-1665 Ellis Street, Landmark 3, Kelowna, BC, CAN, V1Y 2B3
Golden Ridge Resources Ltd is an exploration-stage company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Newfoundland, Heritage Project and North Canol. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.