SOPerior Fertilizer (TSXV:SOP.H) ROCE % : 0.00% (As of Jun. 2024)

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What is SOPerior Fertilizer 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. SOPerior Fertilizer's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

SOPerior Fertilizer ROCE % Historical Data

The historical data trend for SOPerior Fertilizer'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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SOPerior Fertilizer ROCE % Chart

SOPerior Fertilizer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-269.22

SOPerior Fertilizer Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

SOPerior Fertilizer ROCE % Calculation

SOPerior Fertilizer'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 )
	=	-1.88	/	( ( (0.208 - 5.276)	+	(0.151 - 7.134) )	/ 2 )
	=	-1.88	/	( (-5.068	+	-6.983)	/ 2 )
	=	-1.88	/	-6.0255
	=	31.20 %

SOPerior Fertilizer's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	0.764	/	( ( (0.148 - 7.473)	+	(0.107 - 7.722) )	/ 2 )
	=	0.764	/	( ( -7.325	+	-7.615 )	/ 2 )
	=	0.764	/	-7.47
	=	0 %

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

SOPerior Fertilizer (TSXV:SOP.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.

SOPerior Fertilizer ROCE % Related Terms

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SOPerior Fertilizer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SOPerior Fertilizer Corp (TSXV:SOP.H) » Definitions » ROCE %

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POTRF:USA

Address

5213 Durie Road, Suite 401, Mississauga, ON, CAN, L5M 2C6

Website

https://www.soperiorfertilizer.com

SOPerior Fertilizer Corp is an exploration and development-stage company. The company's principal activity is to develop projects focused on the production of sulfate of potash (SOP). Its principal mineral project is the Blawn Mountain project and its manufacturing project is the Valleyfield Fertilizer project. The Blawn Mountain Project is focused on the exploration, development and production of mineral resources for alunite in order to produce SOP, co-product sulphuric acid and alumina. The Corporation manages its business under a single operating segment, consisting of exploration and evaluation activities.

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