Pathfinder Ventures (TSXV:RV) ROCE % : 13.47% (As of Sep. 2024)

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What is Pathfinder Ventures 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. Pathfinder Ventures's annualized ROCE % for the quarter that ended in Sep. 2024 was 13.47%.

Pathfinder Ventures ROCE % Historical Data

The historical data trend for Pathfinder Ventures'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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Pathfinder Ventures ROCE % Chart

Pathfinder Ventures Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-16.73

-35.31

-12.23

-13.04

Pathfinder Ventures Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial												11.97	-21.23	-20.46	-12.23	13.47

Pathfinder Ventures ROCE % Calculation

Pathfinder Ventures'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 )
	=	-0.908	/	( ( (14.981 - 9.252)	+	(14.053 - 5.851) )	/ 2 )
	=	-0.908	/	( (5.729	+	8.202)	/ 2 )
	=	-0.908	/	6.9655
	=	-13.04 %

Pathfinder Ventures'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 )
	=	1.428	/	( ( (13.751 - 3.703)	+	(14.592 - 3.433) )	/ 2 )
	=	1.428	/	( ( 10.048	+	11.159 )	/ 2 )
	=	1.428	/	10.6035
	=	13.47 %

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

Pathfinder Ventures (TSXV:RV) 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.

Pathfinder Ventures ROCE % Related Terms

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Pathfinder Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pathfinder Ventures Inc (TSXV:RV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RVRVF:USA RVF0:Germany

Address

9451 Glover Road, PO Box 610, Fort Langley, BC, CAN, V1M 2R9

Website

https://www.pathfinderventures.ca

Pathfinder Ventures Inc develops a network of branded, upscale, and family-friendly RV parks and campgrounds under the Pathfinder Camp-Resorts name. It has three camp resorts located in B.C. and is focused on growing its network through both acquisitions and new construction.

Executives

Leonard William Brownlie	Director
Joseph Bleackley	Director, Senior Officer
Mark Joseph Accardi	Director
Stan Duckworth	Director

Pathfinder Ventures Headlines

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