Resource Centrix Holdings (XCNQ:RECE) ROCE % : -251.43% (As of Jan. 2024)

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What is Resource Centrix Holdings 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. Resource Centrix Holdings's annualized ROCE % for the quarter that ended in Jan. 2024 was -251.43%.

Resource Centrix Holdings ROCE % Historical Data

The historical data trend for Resource Centrix Holdings'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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Resource Centrix Holdings ROCE % Chart

Resource Centrix Holdings Annual Data

Trend

Jan22

Jan23

Jan24

ROCE %

-1.31

-47.72

-115.79

Resource Centrix Holdings Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial				-59.74	-49.57	-8.66	-54.09	-251.43

Resource Centrix Holdings ROCE % Calculation

Resource Centrix Holdings's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	-0.264	/	( ( (0.311 - 0.003)	+	(0.171 - 0.023) )	/ 2 )
	=	-0.264	/	( (0.308	+	0.148)	/ 2 )
	=	-0.264	/	0.228
	=	-115.79 %

Resource Centrix Holdings's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.66	/	( ( (0.479 - 0.102)	+	(0.171 - 0.023) )	/ 2 )
	=	-0.66	/	( ( 0.377	+	0.148 )	/ 2 )
	=	-0.66	/	0.2625
	=	-251.43 %

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

Resource Centrix Holdings (XCNQ:RECE) 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.

Resource Centrix Holdings ROCE % Related Terms

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Resource Centrix Holdings (XCNQ:RECE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Centrix Holdings Inc (XCNQ:RECE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2211 Wall Street, No. 406, Vancouver, BC, CAN, V5L 1G4

Website

Resource Centrix Holdings Inc is a junior mineral exploration company focused primarily on the identification, acquisition, evaluation, exploration, discovery and development of mineral properties and deposits in Canada. The Corporation has the sole, immediate, exclusive and irrevocable option to acquire a 100% undivided interest over a four-year period in 2 mineral claims in the Sylvest Property, located in the Omineca Mining Division, British Columbia.

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