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Moon River Moly (TSXV:MOO) ROCE % : -31.33% (As of Sep. 2024)


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What is Moon River Moly 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. Moon River Moly's annualized ROCE % for the quarter that ended in Sep. 2024 was -31.33%.

Moon River Moly ROCE % Historical Data

The historical data trend for Moon River Moly'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.

Moon River Moly ROCE % Chart

Moon River Moly Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
- -12.90 -5.22 -10.44 -48.50

Moon River Moly Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -73.17 -205.75 -85.39 -7.27 -31.33

Moon River Moly ROCE % Calculation

Moon River Moly'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 )
=-0.607/( ( (0.531 - 0.019) + (2.267 - 0.276) )/ 2 )
=-0.607/( (0.512+1.991)/ 2 )
=-0.607/1.2515
=-48.50 %

Moon River Moly'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 )
=-11.508/( ( (47.955 - 10.946) + (45.467 - 9.017) )/ 2 )
=-11.508/( ( 37.009 + 36.45 )/ 2 )
=-11.508/36.7295
=-31.33 %

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

Moon River Moly  (TSXV:MOO) 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.

Moon River Moly ROCE % Related Terms

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Moon River Moly Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Moon River Moly Ltd (TSXV:MOO) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 7010, Po Box 70, Toronto, ON, CAN, M5X 1B1
Website
https://www.moonrivermoly.com
Moon River Moly Ltd is focused on developing the Davidson Deposit which is one of the highest grade molybdenum deposits in the world located just outside of Smithers, British Columbia.
Executives
Gordon Dunlop Reid Director
Paul Anthony Parisotto Director, Senior Officer