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WVMDF (West Vault Mining) ROCE % : -0.44% (As of Sep. 2024)


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What is West Vault Mining 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 Vault Mining's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.44%.

West Vault Mining ROCE % Historical Data

The historical data trend for West Vault Mining'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.

* Premium members only.

West Vault Mining ROCE % Chart

West Vault Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 -5.31 -2.53 -1.33 -1.44

West Vault Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.77 -2.06 -1.67 -2.56 -0.44

West Vault Mining ROCE % Calculation

West Vault Mining'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 )
=-0.561/( ( (39.637 - 0.312) + (38.526 - 0.192) )/ 2 )
=-0.561/( (39.325+38.334)/ 2 )
=-0.561/38.8295
=-1.44 %

West Vault Mining'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: Mar. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-0.172/( ( (38.994 - 0.146) + (38.614 - 0.152) )/ 2 )
=-0.172/( ( 38.848 + 38.462 )/ 2 )
=-0.172/38.655
=-0.44 %

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

* 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.

West Vault Mining  (OTCPK:WVMDF) 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 Vault Mining ROCE % Related Terms

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West Vault Mining Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » West Vault Mining Inc (OTCPK:WVMDF) » Definitions » ROCE %
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Traded in Other Exchanges
05EA:Germany WVM:Canada
Address
1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6
Website
https://www.westvaultmining.com
West Vault Mining Inc is a Canada-based exploration and development company working on mineral properties. The Company has precious metals mineral position in the Walker Lane gold trend in Southern Nevada. The company's asset is the Hasbrouck Project, which is located between Reno and Las Vegas, near the town of Tonopah, Nevada and it consists of approximately two deposits, the Hasbrouck deposit, and the Three Hills properties.