Sankamap Metals (XCNQ:SCU) ROCE % : -104.55% (As of Dec. 2024)

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What is Sankamap 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. Sankamap Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -104.55%.

Sankamap Metals ROCE % Historical Data

The historical data trend for Sankamap 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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Sankamap Metals ROCE % Chart

Sankamap Metals Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

-55.56

-107.77

Sankamap Metals Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial					-249.65	-38.78	-47.24	-13.53	-104.55

Sankamap Metals ROCE % Calculation

Sankamap Metals's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-0.215	/	( ( (0.227 - 0.072)	+	(0.265 - 0.021) )	/ 2 )
	=	-0.215	/	( (0.155	+	0.244)	/ 2 )
	=	-0.215	/	0.1995
	=	-107.77 %

Sankamap Metals's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.54	/	( ( (0.595 - 0.011)	+	(0.452 - 0.003) )	/ 2 )
	=	-0.54	/	( ( 0.584	+	0.449 )	/ 2 )
	=	-0.54	/	0.5165
	=	-104.55 %

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

Sankamap Metals (XCNQ:SCU) 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.

Sankamap Metals ROCE % Related Terms

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Sankamap Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sankamap Metals Inc (XCNQ:SCU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.sankamap.com

Sankamap Metals Inc Formerly Maclaren Minerals Ltd is engaged in the exploration and development of mineral properties in British Columbia. The Company has an interest in four mineral claims in British Columbia, which claim comprises the Boer Property.

Executives

Gary Musil

Director

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