Cupani Metals (XCNQ:CUPA) ROCE % : -418.01% (As of Sep. 2024)

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What is Cupani Metals 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. Cupani Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was -418.01%.

Cupani Metals ROCE % Historical Data

The historical data trend for Cupani Metals'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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Cupani Metals ROCE % Chart

Cupani Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-49.70

-39.19

12.75

-13.55

-32.81

Cupani Metals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
ROCE %	Get a 7-Day Free Trial															-102.51	-44.47	62.63	-29.44	-418.01

Cupani Metals ROCE % Calculation

Cupani Metals'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 )
	=	-0.428	/	( ( (2.333 - 0.846)	+	(1.591 - 0.469) )	/ 2 )
	=	-0.428	/	( (1.487	+	1.122)	/ 2 )
	=	-0.428	/	1.3045
	=	-32.81 %

Cupani Metals'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: Mar. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Mar. 2024 )		(Q: Sep. 2024 )
	=	-5.152	/	( ( (1.471 - 0.392)	+	(2.801 - 1.415) )	/ 2 )
	=	-5.152	/	( ( 1.079	+	1.386 )	/ 2 )
	=	-5.152	/	1.2325
	=	-418.01 %

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

Cupani Metals (XCNQ:CUPA) 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.

Cupani Metals ROCE % Related Terms

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Cupani Metals Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ICPLF:USA

Address

7934 Government Road, Burnaby, BC, CAN, V5A 2E2

Website

https://www.capitalight.co

Cupani Metals Corp Formerly IC Capitalight Corp is a Canada-based merchant bank engaged in the business of pursuing value-based investment opportunities. It is focused on providing shareholders with long-term capital growth by investing in a portfolio of undervalued companies, assets, or investment vehicles within the mineral resource and other sectors. It has three operating segments, consisting of the Research business; Mineral exploration properties; and Securities investments. It generates the majority of its revenue from the Research business segment.

Executives

Brian Gerald Bosse	Director, Senior Officer
Douglas Richard Macquarrie	10% Security Holder, Director
Elliot Benjamin Richard Beutel	Director

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