Orosur Mining (TSXV:OMI) ROCE % : 0.00% (As of Aug. 2024)

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What is Orosur Mining 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. Orosur Mining's annualized ROCE % for the quarter that ended in Aug. 2024 was 0.00%.

Orosur Mining ROCE % Historical Data

The historical data trend for Orosur Mining'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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Orosur Mining ROCE % Chart

Orosur Mining Annual Data

Trend

May15

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May24

ROCE %

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Orosur Mining Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
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Orosur Mining ROCE % Calculation

Orosur Mining'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 )
	=	-2.918	/	( ( (11.388 - 20.392)	+	(7.367 - 19.173) )	/ 2 )
	=	-2.918	/	( (-9.004	+	-11.806)	/ 2 )
	=	-2.918	/	-10.405
	=	28.04 %

Orosur Mining's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-2.432	/	( ( (7.367 - 19.173)	+	(6.173 - 18.881) )	/ 2 )
	=	-2.432	/	( ( -11.806	+	-12.708 )	/ 2 )
	=	-2.432	/	-12.257
	=	0 %

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

Orosur Mining (TSXV:OMI) 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.

Orosur Mining ROCE % Related Terms

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Orosur Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orosur Mining Inc (TSXV:OMI) » Definitions » ROCE %

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Traded in Other Exchanges

OROXF:USA OMI.GB:UK OMI:UK UR2:Germany

Address

82 Richmond Street East, Suite 200, 1st Floor, Toronto, ON, CAN, M5C 1P1

Website

https://www.orosur.ca

Orosur Mining Inc is a South American-focused gold development and exploration company. In Colombia, the company wholly owns the Anza exploration gold project located in the Middle Cauca Belt in Antioquia, Colombia which hosts such projects as Buritica, Titiribi, Marmato, and La Colosa. The company is only engaged in the Ariquemes Project located in Brazil, and the El Pantano Project located in Argentina. The segment additionally includes the evaluation of mining asset acquisitions throughout Latin America.

Executives

Bradley William George	Director, Senior Officer
Louis Emmanuel Castro	Director, Senior Officer
Joaquín Lauro Sarroca Etcheverry	Senior Officer
Thomas Peter Masney	Director