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Minsud Resources (TSXV:MSR) ROCE % : -16.97% (As of Sep. 2024)


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What is Minsud Resources 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. Minsud Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was -16.97%.


Minsud Resources ROCE % Historical Data

The historical data trend for Minsud 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.

* Premium members only.

Minsud Resources ROCE % Chart

Minsud Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.20 -3.84 -2.68 -4.63 -35.07

Minsud Resources 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 -60.40 -123.86 -63.55 -34.90 -16.97

Minsud Resources ROCE % Calculation

Minsud Resources'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 )
=-6.161/( ( (31.096 - 0.929) + (31.708 - 26.735) )/ 2 )
=-6.161/( (30.167+4.973)/ 2 )
=-6.161/17.57
=-35.07 %

Minsud Resources'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 )
=-2.336/( ( (13.457 - 0.214) + (14.504 - 0.218) )/ 2 )
=-2.336/( ( 13.243 + 14.286 )/ 2 )
=-2.336/13.7645
=-16.97 %

(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.


Minsud Resources  (TSXV:MSR) 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.


Minsud Resources ROCE % Related Terms

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Minsud Resources Business Description

Traded in Other Exchanges
Address
340 Richmond Street West, Toronto, ON, CAN, M5V 1X2
Minsud Resources Corp is a mineral exploration company. It is engaged in the process of exploring its mineral resource properties located in Argentina. The company has identified two geographical segments, Canada and Argentina.
Executives
Paul Forbes Andersen Director
Agustin Uriel Dranovsky Director
Scott Fulton White Director
Carlos Adamo 10% Security Holder
Compania De Tierras Sud Argentino S.a. 10% Security Holder, Deemed Insider - 6 Months before becoming Insider

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