West High Yield (W.H.Y.) Resources (TSXV:WHY) ROCE % : 0.00% (As of Sep. 2024)

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What is West High Yield (W.H.Y.) 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. West High Yield (W.H.Y.) Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

West High Yield (W.H.Y.) Resources ROCE % Historical Data

The historical data trend for West High Yield (W.H.Y.) 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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West High Yield (W.H.Y.) Resources ROCE % Chart

West High Yield (W.H.Y.) Resources Annual Data

Trend

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Dec23

ROCE %

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West High Yield (W.H.Y.) Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

West High Yield (W.H.Y.) Resources ROCE % Calculation

West High Yield (W.H.Y.) Resources'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 )
	=	-2.874	/	( ( (2.85 - 5.86)	+	(1.854 - 6.039) )	/ 2 )
	=	-2.874	/	( (-3.01	+	-4.185)	/ 2 )
	=	-2.874	/	-3.5975
	=	79.89 %

West High Yield (W.H.Y.) Resources'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 )
	=	-2.676	/	( ( (1.722 - 7.261)	+	(1.853 - 8.078) )	/ 2 )
	=	-2.676	/	( ( -5.539	+	-6.225 )	/ 2 )
	=	-2.676	/	-5.882
	=	0 %

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

West High Yield (W.H.Y.) Resources (TSXV:WHY) 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.

West High Yield (W.H.Y.) Resources ROCE % Related Terms

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West High Yield (W.H.Y.) Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » West High Yield (W.H.Y.) Resources Ltd (TSXV:WHY) » Definitions » ROCE %

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WHYRF:USA W0H:Germany

Address

110 Hamptons Landing North West, P.O.Box 68121, Calgary, AB, CAN, T3G 3N8

Website

http://www.whyresources.com

West High Yield (W.H.Y.) Resources Ltd is a mining exploration company. Its objective is to bring into production the greenest deposits of high-grade 99% magnesium purity. Magnesium can be used to make Magnesium Ingots/Electric Vehicles, Magnesium Batteries, Pharmaceuticals/Supplements, Magnesium Wall Board, Magnesium Cement, and Magnesium Nitrate Fertilizer.

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