Vizsla Royalties (TSXV:VROY) ROCE % : 0.00% (As of Apr. 2024)

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What is Vizsla Royalties 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. Vizsla Royalties's annualized ROCE % for the quarter that ended in Apr. 2024 was 0.00%.

Vizsla Royalties ROCE % Historical Data

The historical data trend for Vizsla Royalties'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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Vizsla Royalties ROCE % Chart

Vizsla Royalties Annual Data

Trend

Apr23

Apr24

ROCE %

Vizsla Royalties Quarterly Data
	Apr23	Apr24
ROCE %	-	-

Vizsla Royalties ROCE % Calculation

Vizsla Royalties's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-0.182	/	( ( (0.302 - 1.563)	+	(0.288 - 1.727) )	/ 2 )
	=	-0.182	/	( (-1.261	+	-1.439)	/ 2 )
	=	-0.182	/	-1.35
	=	13.48 %

Vizsla Royalties's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2024 )		(Q: Apr. 2023 )		(Q: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2024 )		(Q: Apr. 2023 )		(Q: Apr. 2024 )
	=	-0.728	/	( ( (0.302 - 1.563)	+	(0.288 - 1.727) )	/ 2 )
	=	-0.728	/	( ( -1.261	+	-1.439 )	/ 2 )
	=	-0.728	/	-1.35
	=	0 %

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

Vizsla Royalties (TSXV:VROY) 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.

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Vizsla Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vizsla Royalties Corp (TSXV:VROY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Burrard Street, Suite 1723, Vancouver, BC, CAN, V7X 1J1

Website

Vizsla Royalties Corp is a precious metals-focused royalty and streaming company. The company is focused on Panuco Project located in Mexico.

Executives

Michael Pettingell

Senior Officer

Vizsla Royalties Headlines

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