Inca One Gold (XSGO:IOCL) ROCE %: -183.02% (As of Jan. 2024)


What is Inca One Gold ROCE %?

Inca One Gold XSGO:IOCL 31 ROCE % is -183.02% as of Jan. 2024. GuruFocus rates XSGO:IOCL with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

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. Inca One Gold's annualized ROCE % for the quarter that ended in Jan. 2024 was -183.02%.

Inca One Gold  (XSGO:IOCL) 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.

Inca One Gold ROCE % Related Terms

Inca One Gold ROCE % Historical Data

* Premium members only.

The historical data trend for Inca One 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.

Inca One Gold ROCE % Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.69 -32.30 -21.90 -34.49 -91.34

Inca One Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -95.01 -275.81 -10.46 -255.25 -183.02

Inca One Gold ROCE % Calculation

Inca One Gold's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=-3888.844/( ( (21077.473 - 14757.016) + (16854.609 - 14660.241) )/ 2 )
=-3888.844/( (6320.457+2194.368)/ 2 )
=-3888.844/4257.4125
=-91.34 %

Inca One Gold'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 )
=-1383.416/( ( (19536.175 - 19307.677) + (20978.747 - 19695.449) )/ 2 )
=-1383.416/( ( 228.498 + 1283.298 )/ 2 )
=-1383.416/755.898
=-183.02 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) 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 -183.02% mean?
Inca One Gold (XSGO:IOCL) has a ROCE % of -183.02% as of Jan. 2024.
Is Inca One Gold's ROCE % too high?
Inca One Gold's current ROCE % is -183.02%. Overall, Inca One Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Inca One Gold's ROCE % compare to NEM?
Inca One Gold's ROCE % of -183.02% 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. Inca One Gold's current ROCE % is -183.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inca One Gold stock overvalued right now?
Inca One Gold (XSGO:IOCL) has a current ROCE % of -183.02%. The current ROCE % is -183.02%. Inca One Gold's overall GF Score™ is 31/100 with 6 warning signs to review. 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 Inca One Gold (XSGO:IOCL), the current ROCE % is -183.02% as of Jan. 2024. 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.

Inca One Gold Business Description

Address 1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1
Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.