Great Red Lake Gold (XCNQ:RLGC) ROCE %: -354.08% (As of Mar. 2026)

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XCNQ:RLGC Great Red Lake Gold Corp XCNQ:RLGC
15 GF Score
Price C$0.64
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What is Great Red Lake Gold ROCE %?

Great Red Lake Gold XCNQ:RLGC +3.23% 15 ROCE % is -354.08% as of Mar. 2026. GuruFocus rates XCNQ:RLGC with a GF Score™ of 15/100.

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. Great Red Lake Gold's annualized ROCE % for the quarter that ended in Mar. 2026 was -354.08%.

Great Red Lake Gold  (XCNQ:RLGC) 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.

Great Red Lake Gold ROCE % Related Terms

Great Red Lake Gold ROCE % Historical Data

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The historical data trend for Great Red 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.

Great Red Lake Gold ROCE % Chart

Great Red Lake Gold Annual Data
Trend
ROCE %

Great Red Lake Gold Quarterly Data
Dec25 Mar26
ROCE % -96.89 -354.08
XCNQ:RLGC
15GF Score
Great Red Lake Gold Corp XCNQ:RLGC
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Great Red Lake Gold ROCE % Calculation

Great Red Lake Gold's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Great Red Lake Gold's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-1.388/( ( (0.457 - 0.007) + (0.453 - 0.119) )/ 2 )
=-1.388/( ( 0.45 + 0.334 )/ 2 )
=-1.388/0.392
=-354.08 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -354.08% mean?
Great Red Lake Gold (XCNQ:RLGC) has a ROCE % of -354.08% as of Mar. 2026.
Is Great Red Lake Gold's ROCE % too high?
Great Red Lake Gold's current ROCE % is -354.08%. Overall, Great Red Lake Gold has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Great Red Lake Gold's ROCE % compare to HL?
Great Red Lake Gold's ROCE % of -354.08% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Great Red Lake Gold's current ROCE % is -354.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Red Lake Gold stock overvalued right now?
Great Red Lake Gold (XCNQ:RLGC) has a current ROCE % of -354.08%. The current ROCE % is -354.08%. Great Red Lake Gold's overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Great Red Lake Gold (XCNQ:RLGC), the current ROCE % is -354.08% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Great Red Lake Gold Business Description

Great Red Lake Gold Corp is a Toronto-based exploration and development company focused on the acquisition,exploration and development of properties which are prospective for gold and other metals.
15GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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