Totec Resources (TSXV:TOTC.P) ROCE % : -28.07% (As of Dec. 2024)

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What is Totec 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. Totec Resources's annualized ROCE % for the quarter that ended in Dec. 2024 was -28.07%.

Totec Resources ROCE % Historical Data

The historical data trend for Totec 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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Totec Resources ROCE % Chart

Totec Resources Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-39.41

-35.39

Totec Resources Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial						-37.40	-50.34	-35.47	-45.16	-28.07

Totec Resources ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-0.089	/	( ( (0.359 - 0.066)	+	(0.236 - 0.026) )	/ 2 )
	=	-0.089	/	( (0.293	+	0.21)	/ 2 )
	=	-0.089	/	0.2515
	=	-35.39 %

Totec Resources's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.048	/	( ( (0.212 - 0.036)	+	(0.199 - 0.033) )	/ 2 )
	=	-0.048	/	( ( 0.176	+	0.166 )	/ 2 )
	=	-0.048	/	0.171
	=	-28.07 %

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

Totec Resources (TSXV:TOTC.P) 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.

Totec Resources ROCE % Related Terms

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Totec Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Totec Resources Ltd (TSXV:TOTC.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

550 Burrard Street, Suite 1008. Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

Totec Resources Ltd is a capital pool company.

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