Olivut Resources (TSXV:OLV) ROCE % : -94.20% (As of Jan. 2025)

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What is Olivut 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. Olivut Resources's annualized ROCE % for the quarter that ended in Jan. 2025 was -94.20%.

Olivut Resources ROCE % Historical Data

The historical data trend for Olivut 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.

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Olivut Resources ROCE % Chart

Olivut Resources Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

ROCE %

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-85.37

96.17

Olivut Resources Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial															-104.89	-86.19	-78.94	-256.10	-94.20

Olivut Resources ROCE % Calculation

Olivut Resources's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	0.653	/	( ( (0.743 - 0.019)	+	(0.732 - 0.098) )	/ 2 )
	=	0.653	/	( (0.724	+	0.634)	/ 2 )
	=	0.653	/	0.679
	=	96.17 %

Olivut Resources's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	-0.536	/	( ( (0.732 - 0.098)	+	(0.542 - 0.038) )	/ 2 )
	=	-0.536	/	( ( 0.634	+	0.504 )	/ 2 )
	=	-0.536	/	0.569
	=	-94.20 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

Olivut Resources (TSXV:OLV) 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.

Olivut Resources ROCE % Related Terms

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Olivut Resources Business Description

Industry

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

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OLVRF:USA

Address

P.O. Box 6690, Hinton, AB, CAN, T7V 1X8

Website

https://www.olivut.com

Olivut Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The company holds an interest in the HOAM project, which is located in the Mackenzie Region, Northwest Territories, Canada. It also holds interests in Seahorse Project located in the Northwest Territories. The other projects include Photo Library -HOAM Project and Photo Library -Seahorse Project.

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