Planet Green Metals (XCNQ:PGR) ROCE % : 0.00% (As of Oct. 2024)

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What is Planet Green 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. Planet Green Metals's annualized ROCE % for the quarter that ended in Oct. 2024 was 0.00%.

Planet Green Metals ROCE % Historical Data

The historical data trend for Planet Green 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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Planet Green Metals ROCE % Chart

Planet Green Metals Annual Data

Trend

Oct22

Oct23

Oct24

ROCE %

-167.63

-490.35

Planet Green Metals Quarterly Data
	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial						-364.82	-209.93	-1,013.33	-1,600.00	-

Planet Green Metals ROCE % Calculation

Planet Green Metals's annualized ROCE % for the fiscal year that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2024 )		(A: Oct. 2023 )		(A: Oct. 2024 )
	=	-1.786	/	( ( (0.116 - 0.027)	+	(0.052 - 0.186) )	/ 2 )
	=	-1.786	/	( (0.089	+	-0.134)	/ 2 )
	=	-1.786	/	-0.0225
	=	7,937.78 %

Planet Green Metals's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	-5.14	/	( ( (0.097 - 0.131)	+	(0.052 - 0.186) )	/ 2 )
	=	-5.14	/	( ( -0.034	+	-0.134 )	/ 2 )
	=	-5.14	/	-0.084
	=	0 %

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

Planet Green Metals (XCNQ:PGR) 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.

Planet Green Metals ROCE % Related Terms

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