GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pacific Arc Resources Ltd (TSXV:PAV.H) » Definitions » ROCE %

Pacific Arc Resources (TSXV:PAV.H) ROCE % : 0.00% (As of Jan. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Pacific Arc 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. Pacific Arc Resources's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.


Pacific Arc Resources ROCE % Historical Data

The historical data trend for Pacific Arc 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.

Pacific Arc Resources ROCE % Chart

Pacific Arc Resources Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -459.50 -1,104.76 -342.51 -191.03 -

Pacific Arc Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -857.14 - - - -

Pacific Arc Resources ROCE % Calculation

Pacific Arc Resources's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-0.191/( ( (0.187 - 0.189) + (0.176 - 0.322) )/ 2 )
=-0.191/( (-0.002+-0.146)/ 2 )
=-0.191/-0.074
=258.11 %

Pacific Arc Resources's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.208/( ( (0.185 - 0.273) + (0.176 - 0.322) )/ 2 )
=-0.208/( ( -0.088 + -0.146 )/ 2 )
=-0.208/-0.117
=0 %

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


Pacific Arc Resources  (TSXV:PAV.H) 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.


Pacific Arc Resources ROCE % Related Terms

Thank you for viewing the detailed overview of Pacific Arc Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pacific Arc Resources (TSXV:PAV.H) Business Description

Traded in Other Exchanges
N/A
Address
885-Dunsmuir Street, Suit 410, Vancouver, BC, CAN, V6C 1N5
Pacific Arc Resources Ltd is engaged in the business of acquisition, exploration, and development of mineral resource properties. The company is currently exploring other business opportunities.

Pacific Arc Resources (TSXV:PAV.H) Headlines

No Headlines