Kingfisher Metals (TSXV:KFR) ROCE % : -6.51% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kingfisher Metals 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. Kingfisher Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was -6.51%.

Kingfisher Metals ROCE % Historical Data

The historical data trend for Kingfisher Metals'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.

Kingfisher Metals ROCE % Chart

Kingfisher Metals Annual Data

Trend

Nov19

Nov20

Dec21

Dec22

Dec23

ROCE %

-17.03

-7.87

-41.66

-7.93

-7.42

Kingfisher Metals Quarterly Data
	Nov19	Feb20	Nov20	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial													-6.86	-3.00	-28.68	-12.02	-6.51

Kingfisher Metals ROCE % Calculation

Kingfisher Metals'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 )
	=	-1.197	/	( ( (15.819 - 0.635)	+	(17.606 - 0.541) )	/ 2 )
	=	-1.197	/	( (15.184	+	17.065)	/ 2 )
	=	-1.197	/	16.1245
	=	-7.42 %

Kingfisher Metals'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 )
	=	-1.188	/	( ( (18.566 - 0.47)	+	(18.87 - 0.453) )	/ 2 )
	=	-1.188	/	( ( 18.096	+	18.417 )	/ 2 )
	=	-1.188	/	18.2565
	=	-6.51 %

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

Kingfisher Metals (TSXV:KFR) 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.

Kingfisher Metals ROCE % Related Terms

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

Kingfisher Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kingfisher Metals Corp (TSXV:KFR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KGFMF:USA 9700:Germany

Address

1710 - 1050 W. Pender Street, Vancouver, BC, CAN, V6E 3S7

Website

https://www.kingfishermetals.com

Kingfisher Metals Corp is an exploration company focused on underexplored district-scale projects in British Columbia. It has three district-scale projects that offer potential exposure to high-grade gold, copper, silver, and zinc. Its projects include the Ecstall Project, the Goldrange Project, and the Thibert Project.

Executives

Alejandro Emiliano Gubbins Cox	10% Security Holder
Dustin Perry	Director, Senior Officer
Richard Bryan Trotman	Director

Kingfisher Metals Headlines

No Headlines