The Canadian Chrome Co (XCNQ:CACR.A) ROCE % : 0.00% (As of Sep. 2024)

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What is The Canadian Chrome Co 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. The Canadian Chrome Co's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

The Canadian Chrome Co ROCE % Historical Data

The historical data trend for The Canadian Chrome Co'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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The Canadian Chrome Co ROCE % Chart

The Canadian Chrome Co Annual Data

Trend

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ROCE %

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The Canadian Chrome Co 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															-	-	-	-	-

The Canadian Chrome Co ROCE % Calculation

The Canadian Chrome Co'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 )
	=	-9.727	/	( ( (1.463 - 4.477)	+	(0.552 - 5.561) )	/ 2 )
	=	-9.727	/	( (-3.014	+	-5.009)	/ 2 )
	=	-9.727	/	-4.0115
	=	242.48 %

The Canadian Chrome Co'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 )
	=	-10.484	/	( ( (0.329 - 6.183)	+	(0.35 - 5.532) )	/ 2 )
	=	-10.484	/	( ( -5.854	+	-5.182 )	/ 2 )
	=	-10.484	/	-5.518
	=	0 %

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

The Canadian Chrome Co (XCNQ:CACR.A) 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.

The Canadian Chrome Co ROCE % Related Terms

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The Canadian Chrome Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » The Canadian Chrome Co (XCNQ:CACR.A) » Definitions » ROCE %

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KWGBF:USA CACR:Canada

Address

141 Adelaide Street West, Suite 240, Toronto, ON, CAN, M5H 3L5

Website

https://www.canadachrome.com

The Canadian Chrome Co is a Canada-based mineral exploration company. The company is engaged in the exploration and evaluation of base and precious metals and in the development of a transportation link to access the areas where these are located. It also has interests in technology relating to the production of chromium iron alloys. The company is focused on the development of chromite. The properties of the company include Black Horse, Koper Lake, and McFaulds Lake. The Company's operations comprise a single reporting operating segment engaged in mineral exploration in Canada.

The Canadian Chrome Co Headlines

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