Althea Copper (XCNQ:ALTH) ROCE %: 115.07% (As of Apr. 2026)

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XCNQ:ALTH Althea Copper Corp XCNQ:ALTH
15 GF Score
Price C$0.11
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What is Althea Copper ROCE %?

Althea Copper XCNQ:ALTH +4.76% 15 ROCE % is 115.07% as of Apr. 2026. GuruFocus rates XCNQ:ALTH with a GF Score™ of 15/100.

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. Althea Copper's annualized ROCE % for the quarter that ended in Apr. 2026 was 115.07%.

Althea Copper  (XCNQ:ALTH) 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.

Althea Copper ROCE % Related Terms

Althea Copper ROCE % Historical Data

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The historical data trend for Althea Copper'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.

Althea Copper ROCE % Chart

Althea Copper Annual Data
Trend Oct24
ROCE %
-157.72

Althea Copper Quarterly Data
Oct24 Apr25 Oct25 Apr26
ROCE % 0.00 -92.68 0.00 115.07
XCNQ:ALTH
15GF Score
Althea Copper Corp XCNQ:ALTH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Althea Copper ROCE % Calculation

Althea Copper's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2024 )  (A: . 20 )(A: Oct. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2024 )  (A: . 20 )(A: Oct. 2024 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Althea Copper's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=0.168/( ( (0.237 - 0.065) + (0.22 - 0.1) )/ 2 )
=0.168/( ( 0.172 + 0.12 )/ 2 )
=0.168/0.146
=115.07 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2026) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 115.07% mean?
Althea Copper (XCNQ:ALTH) has a ROCE % of 115.07% as of Apr. 2026.
Is Althea Copper's ROCE % too high?
Althea Copper's current ROCE % is 115.07%. Overall, Althea Copper has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Althea Copper's ROCE % compare to ?
Althea Copper's ROCE % of 115.07% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Althea Copper's current ROCE % is 115.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Althea Copper stock overvalued right now?
Althea Copper (XCNQ:ALTH) has a current ROCE % of 115.07%. The current ROCE % is 115.07%. Althea Copper's overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Althea Copper (XCNQ:ALTH), the current ROCE % is 115.07% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Althea Copper Business Description

Comparable Companies
Address 3217 Dunbar Street, Suite 248, Vancouver, BC, CAN, V6S 0M1
Althea Copper Corp is engaged in the exploration of its Mink Narrows Property, located in west-central Manitoba near Flin Flon. The Company is focused on continuing exploration work that has indicated widespread, high-grade copper-zinc volcanic massive sulphide (VMS) deposits, copper occurrences in a vein-style Cu zone, and gold occurrences within a complex structural zone that is bound by, and/or marginal to, the Mistik Creek shear zone and the north Neso Lake fault.
15GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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