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Edgemont Gold (XCNQ:EDGM) ROCE % : -4.49% (As of Jan. 2025)


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What is Edgemont Gold 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. Edgemont Gold's annualized ROCE % for the quarter that ended in Jan. 2025 was -4.49%.

Edgemont Gold ROCE % Historical Data

The historical data trend for Edgemont Gold'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.

Edgemont Gold ROCE % Chart

Edgemont Gold Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
ROCE %
Get a 7-Day Free Trial -30.77 -42.94 -21.45 -7.52 -7.87

Edgemont Gold Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -4.61 -13.45 -5.40 -7.95 -4.49

Edgemont Gold ROCE % Calculation

Edgemont Gold'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: Oct. 2023 )(A: Oct. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=-0.181/( ( (2.372 - 0.019) + (2.267 - 0.022) )/ 2 )
=-0.181/( (2.353+2.245)/ 2 )
=-0.181/2.299
=-7.87 %

Edgemont Gold's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=-0.108/( ( (2.267 - 0.022) + (2.563 - 0) )/ 2 )
=-0.108/( ( 2.245 + 2.563 )/ 2 )
=-0.108/2.404
=-4.49 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) 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.

Edgemont Gold  (XCNQ:EDGM) 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.

Edgemont Gold ROCE % Related Terms

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Edgemont Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Edgemont Gold Corp (XCNQ:EDGM) » Definitions » ROCE %
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Traded in Other Exchanges
EG80:Germany
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Website
https://www.edgemontgold.com
Edgemont Gold Corp is engaged in the acquisition and exploration of mineral property assets, specific in gold. The company's projects include The Dungate copper-gold porphyry project and The mike property. Maximum of company revenue is from Canada.
Executives
Guido Cloetens Director
Stuart Rogers Director, Senior Officer
Joseph William Campbell Director