La Imperial Resources (XCNQ:LAI.X) ROCE % : 0.00% (As of Feb. 2024)

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What is La Imperial 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. La Imperial Resources's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

La Imperial Resources ROCE % Historical Data

The historical data trend for La Imperial 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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La Imperial Resources ROCE % Chart

La Imperial Resources Annual Data

Trend

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Aug23

ROCE %

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La Imperial Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
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La Imperial Resources ROCE % Calculation

La Imperial Resources's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	0	/	( ( (0.004 - 2.005)	+	(0.005 - 2.054) )	/ 2 )
	=	0	/	( (-2.001	+	-2.049)	/ 2 )
	=	0	/	-2.025
	=	0.00 %

La Imperial Resources's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.04	/	( ( (0.005 - 2.062)	+	(0.005 - 2.072) )	/ 2 )
	=	-0.04	/	( ( -2.057	+	-2.067 )	/ 2 )
	=	-0.04	/	-2.062
	=	0 %

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

La Imperial Resources (XCNQ:LAI.X) 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.

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La Imperial Resources (XCNQ:LAI.X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » La Imperial Resources Inc (XCNQ:LAI.X) » Definitions » ROCE %

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Address

666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 2X8

Website

La Imperial Resources Inc is a Canada-based mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company holds an interest in La Kathrina which consists of mining concessions in the state of Chichuahua, Mexico.

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