Peak Minerals (XCNQ:PEK) ROCE % : 0.00% (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Peak Minerals 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. Peak Minerals's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Peak Minerals ROCE % Historical Data

The historical data trend for Peak Minerals'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.

Peak Minerals ROCE % Chart

Peak Minerals Annual Data

Trend

Sep21

Sep22

Sep23

Sep24

ROCE %

-57.05

-223.29

Peak Minerals Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial							-830.42	-	-	-	-

Peak Minerals ROCE % Calculation

Peak Minerals's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-0.029	/	( ( (0.023 - 0.025)	+	(0.006 - 0.037) )	/ 2 )
	=	-0.029	/	( (-0.002	+	-0.031)	/ 2 )
	=	-0.029	/	-0.0165
	=	175.76 %

Peak Minerals'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 )
	=	-0.02	/	( ( (0.019 - 0.026)	+	(0.006 - 0.037) )	/ 2 )
	=	-0.02	/	( ( -0.007	+	-0.031 )	/ 2 )
	=	-0.02	/	-0.019
	=	0 %

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

Peak Minerals (XCNQ:PEK) 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.

Peak Minerals ROCE % Related Terms

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

Peak Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Peak Minerals Ltd (XCNQ:PEK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

Peak Minerals Ltd is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. The company's properties include Aida Property which is located on the Shuswap Highland within the Kamloops Mining Division.

Executives

Jonathan Yan

Senior Officer