Hawthorn Resources (XCNQ:HWTN) ROCE % : -1,721.21% (As of Jan. 2024)

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What is Hawthorn Resources 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. Hawthorn Resources's annualized ROCE % for the quarter that ended in Jan. 2024 was -1,721.21%.

Hawthorn Resources ROCE % Historical Data

The historical data trend for Hawthorn Resources'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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Hawthorn Resources ROCE % Chart

Hawthorn Resources Annual Data

Trend

Jul22

Jul23

ROCE %

-785.71

-342.35

Hawthorn Resources Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial					-	-258.06	-219.95	-390.05	-1,721.21

Hawthorn Resources ROCE % Calculation

Hawthorn Resources's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.291	/	( ( (0.212 - 0.191)	+	(0.216 - 0.067) )	/ 2 )
	=	-0.291	/	( (0.021	+	0.149)	/ 2 )
	=	-0.291	/	0.085
	=	-342.35 %

Hawthorn Resources's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.284	/	( ( (0.186 - 0.134)	+	(0.17 - 0.189) )	/ 2 )
	=	-0.284	/	( ( 0.052	+	-0.019 )	/ 2 )
	=	-0.284	/	0.0165
	=	-1,721.21 %

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

Hawthorn Resources (XCNQ:HWTN) 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.

Hawthorn Resources ROCE % Related Terms

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Hawthorn Resources (XCNQ:HWTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hawthorn Resources Corp (XCNQ:HWTN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

625 Howe Street, Suite 1180, Vancouver, BC, CAN, V6C 2T6

Website

Hawthorn Resources Corp is a mineral exploration company that acquires and explores mineral properties. The company holds an interest in the Broken Handle Project, which is located in British Columbia, Canada. The Broken Handle Project is at an early stage of exploration.

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