Leopard Lake Gold (XCNQ:LP) ROCE % : -34.44% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Leopard Lake 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. Leopard Lake Gold's annualized ROCE % for the quarter that ended in Sep. 2024 was -34.44%.

Leopard Lake Gold ROCE % Historical Data

The historical data trend for Leopard Lake 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.

Leopard Lake Gold ROCE % Chart

Leopard Lake Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-27.71

-45.00

-43.24

-29.64

Leopard Lake Gold Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial												-21.63	-27.35	-44.76	-124.12	-34.44

Leopard Lake Gold ROCE % Calculation

Leopard Lake Gold'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 )
	=	-0.369	/	( ( (1.782 - 0.143)	+	(1.267 - 0.416) )	/ 2 )
	=	-0.369	/	( (1.639	+	0.851)	/ 2 )
	=	-0.369	/	1.245
	=	-29.64 %

Leopard Lake Gold'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.384	/	( ( (1.34 - 0.613)	+	(2.628 - 1.125) )	/ 2 )
	=	-0.384	/	( ( 0.727	+	1.503 )	/ 2 )
	=	-0.384	/	1.115
	=	-34.44 %

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

Leopard Lake Gold (XCNQ:LP) 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.

Leopard Lake Gold ROCE % Related Terms

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

Leopard Lake Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leopard Lake Gold Corp (XCNQ:LP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9285 203B Street, Langley, BC, CAN, V1M 2L9

Website

https://www.leopardlake.ca

Leopard Lake Gold Corp is principally engaged in the acquisition and exploration of mineral properties. The company has three properties which include Stella Property, St. Robert Property, and Leduc Gold Project property in Ontario.

Executives

Mario Drolet	Director
Norman Ross	Director

Leopard Lake Gold Headlines

No Headlines