Grizzly Discoveries (TSXV:GZD) ROCE % : -4.30% (As of Oct. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Grizzly Discoveries 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. Grizzly Discoveries's annualized ROCE % for the quarter that ended in Oct. 2024 was -4.30%.

Grizzly Discoveries ROCE % Historical Data

The historical data trend for Grizzly Discoveries'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.

Grizzly Discoveries ROCE % Chart

Grizzly Discoveries Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

Get a 7-Day Free Trial

-2.19

-5.56

-6.55

-11.11

-6.33

Grizzly Discoveries Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial															-5.97	-4.66	-8.96	-5.43	-4.30

Grizzly Discoveries ROCE % Calculation

Grizzly Discoveries's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-0.618	/	( ( (9.877 - 0.25)	+	(10.518 - 0.62) )	/ 2 )
	=	-0.618	/	( (9.627	+	9.898)	/ 2 )
	=	-0.618	/	9.7625
	=	-6.33 %

Grizzly Discoveries'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 )
	=	-0.424	/	( ( (10.518 - 0.62)	+	(10.424 - 0.596) )	/ 2 )
	=	-0.424	/	( ( 9.898	+	9.828 )	/ 2 )
	=	-0.424	/	9.863
	=	-4.30 %

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

Grizzly Discoveries (TSXV:GZD) 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.

Grizzly Discoveries ROCE % Related Terms

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

Grizzly Discoveries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grizzly Discoveries Inc (TSXV:GZD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GZDIF:USA G6H:Germany G6H:Germany

Address

9768 170 Street NW, Suite 363, Edmonton, AB, CAN, T5T 5L4

Website

http://www.grizzlydiscoveries.com

Grizzly Discoveries Inc is an early-stage commodity exploration company. The company is engaged in the acquisition, exploration, and development of potash and diamonds on properties in Alberta, and various types of metals on properties in British Columbia. It holds an interest in the Robocop and Greenwood Project.

Executives

Brian Testo	Director, Senior Officer
Jeremy Scott Strautman	Senior Officer
Jo Price	Director
Solomon (sam) Joseph Pillersdorf	Director
James Stewart Greig	Director
Ian Davidson Lambert	Senior Officer

Grizzly Discoveries Headlines

No Headlines