Themac Resources Group (TSXV:MAC) ROCE % : 0.00% (As of Dec. 2024)

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What is Themac Resources Group 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. Themac Resources Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Themac Resources Group ROCE % Historical Data

The historical data trend for Themac Resources Group'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.

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Themac Resources Group ROCE % Chart

Themac Resources Group Annual Data

Trend

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Jun24

ROCE %

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Themac Resources Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Themac Resources Group ROCE % Calculation

Themac Resources Group's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-0.929	/	( ( (85.783 - 162.391)	+	(89.472 - 177.766) )	/ 2 )
	=	-0.929	/	( (-76.608	+	-88.294)	/ 2 )
	=	-0.929	/	-82.451
	=	1.13 %

Themac Resources Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-1.716	/	( ( (88.49 - 181.109)	+	(94.782 - 187.666) )	/ 2 )
	=	-1.716	/	( ( -92.619	+	-92.884 )	/ 2 )
	=	-1.716	/	-92.7515
	=	0 %

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

Themac Resources Group (TSXV:MAC) 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.

Themac Resources Group ROCE % Related Terms

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Themac Resources Group Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Themac Resources Group Ltd (TSXV:MAC) » Definitions » ROCE %

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MACQF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.themacresourcesgroup.com

Themac Resources Group Ltd is a mineral exploration company that acquires, explores, and develops natural resource properties. Its project includes the Copper Flat mine. The Company has one operating segment: the exploration and development of its mineral property. The Copper Flat Project of the company is located Hillsboro mining district of New Mexico, United States of America is the focused project of the company.