Golden Rapture Mining (XCNQ:GLDR) ROCE % : -44.80% (As of Jan. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Golden Rapture 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. Golden Rapture Mining's annualized ROCE % for the quarter that ended in Jan. 2025 was -44.80%.

Golden Rapture Mining ROCE % Historical Data

The historical data trend for Golden Rapture 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.

Golden Rapture Mining ROCE % Chart

Golden Rapture Mining Annual Data

Trend

Apr23

Apr24

ROCE %

-72.20

Golden Rapture Mining Quarterly Data
	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial				-57.40	-211.27	-38.54	-63.17	-44.80

Golden Rapture Mining ROCE % Calculation

Golden Rapture Mining's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-1.036	/	( ( (1.676 - 0.121)	+	(1.36 - 0.045) )	/ 2 )
	=	-1.036	/	( (1.555	+	1.315)	/ 2 )
	=	-1.036	/	1.435
	=	-72.20 %

Golden Rapture Mining'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 )
	=	-0.584	/	( ( (1.407 - 0.04)	+	(1.26 - 0.02) )	/ 2 )
	=	-0.584	/	( ( 1.367	+	1.24 )	/ 2 )
	=	-0.584	/	1.3035
	=	-44.80 %

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

Golden Rapture Mining (XCNQ:GLDR) 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.

Golden Rapture Mining ROCE % Related Terms

Thank you for viewing the detailed overview of Golden Rapture Mining's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Rapture Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Rapture Mining Corp (XCNQ:GLDR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

804 Barnes Link SW, Edmonton, AB, CAN, T6W 1E7

Website

https://www.goldenrapturemining.com

Golden Rapture Mining Corp is a mineral exploration and development company. It is focused on the acquisition, exploration, and development of mineral properties. Its objective is to locate and develop economic precious metals properties of merit and to conduct its exploration program on the Phillips Township Gold Property and the Hutchison/Maylac Gold Mine Property located in Fulford Township, Ontario.

Executives

Ryan Daniel Clyde Yanch

Director, Senior Officer

Golden Rapture Mining Headlines

No Headlines