Yukon Metals (XCNQ:YMC) ROCE % : -19.52% (As of Aug. 2024)

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What is Yukon 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. Yukon Metals's annualized ROCE % for the quarter that ended in Aug. 2024 was -19.52%.

Yukon Metals ROCE % Historical Data

The historical data trend for Yukon 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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Yukon Metals ROCE % Chart

Yukon Metals Annual Data

Trend

Aug21

Aug22

Aug23

Aug24

ROCE %

-67.79

-72.51

-19.47

Yukon Metals Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial								-75.15	-82.60	-150.36	-24.64	-19.52

Yukon Metals ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-1.883	/	( ( (0.467 - 0.019)	+	(19.342 - 0.447) )	/ 2 )
	=	-1.883	/	( (0.448	+	18.895)	/ 2 )
	=	-1.883	/	9.6715
	=	-19.47 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-3.956	/	( ( (22.903 - 1.271)	+	(19.342 - 0.447) )	/ 2 )
	=	-3.956	/	( ( 21.632	+	18.895 )	/ 2 )
	=	-3.956	/	20.2635
	=	-19.52 %

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

Yukon Metals (XCNQ:YMC) 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.

Yukon Metals ROCE % Related Terms

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Yukon Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yukon Metals Corp (XCNQ:YMC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

YMMCF:USA E770:Germany

Address

1055 West Hastings Street, Suite 1000, Vancouver, BC, CAN, V6E 2E9

Website

https://www.yukonmetals.com

Yukon Metals Corp is engaged in the exploration of mineral properties. Its portfolio consists of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component. The company owns the AZ, Barite Mountain, Birch, Carter Gulch, Clea, Eva, Expo, Faro North, Fox, Gem, Star River, Nut, Pete, Risby, Talbot claims, and the Venus claims and crown grants located in Yukon.

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