Nations Royalty (TSXV:NRC) ROCE % : -82.27% (As of Dec. 2024)

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What is Nations Royalty 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. Nations Royalty's annualized ROCE % for the quarter that ended in Dec. 2024 was -82.27%.

Nations Royalty ROCE % Historical Data

The historical data trend for Nations Royalty'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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Nations Royalty ROCE % Chart

Nations Royalty Annual Data

Trend

May22

May23

May24

ROCE %

-477.67

Nations Royalty Quarterly Data
	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						-423.09	-	-	-93.32	-82.27

Nations Royalty ROCE % Calculation

Nations Royalty's annualized ROCE % for the fiscal year that ended in May. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2024 )		(A: May. 2023 )		(A: May. 2024 )
	=	-1.306	/	( ( (0.899 - 0.533)	+	(10.083 - 10.947) )	/ 2 )
	=	-1.306	/	( (0.366	+	-0.864)	/ 2 )
	=	-1.306	/	-0.249
	=	524.50 %

Nations Royalty'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 )
	=	-5.412	/	( ( (7.367 - 0.41)	+	(6.47 - 0.271) )	/ 2 )
	=	-5.412	/	( ( 6.957	+	6.199 )	/ 2 )
	=	-5.412	/	6.578
	=	-82.27 %

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

Nations Royalty (TSXV:NRC) 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.

Nations Royalty ROCE % Related Terms

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Nations Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nations Royalty Corp (TSXV:NRC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

Y96:Germany

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V6X 1J1

Website

https://www.nationsroyalty.ca

Nations Royalty Corp is a royalty company focused on creating royalty diversification for First Nations. The company allow First Nations to bring forward the Value within their Benefit Agreement Royalties and unlock the Net Asset Value (NAV) Multiples afforded to Royalty Companies.

Executives