Flowery Gold Mines Co (Flowery Gold Mines Co) ROCE % : 0.00% (As of . 20)

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What is Flowery Gold Mines Co 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. Flowery Gold Mines Co's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Flowery Gold Mines Co ROCE % Historical Data

The historical data trend for Flowery Gold Mines Co'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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Flowery Gold Mines Co ROCE % Chart

Flowery Gold Mines Co Annual Data

Trend

ROCE %

Flowery Gold Mines Co Quarterly Data

ROCE %

Flowery Gold Mines Co ROCE % Calculation

Flowery Gold Mines Co'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Flowery Gold Mines Co's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Flowery Gold Mines Co (OTCPK:FLOD) 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.

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Flowery Gold Mines Co (Flowery Gold Mines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Flowery Gold Mines Co (OTCPK:FLOD) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

4276 Napa Loop, Roseville, CA, USA, 95747

Website

https://www.flowerygoldmines.com

Flowery Gold Mines Co is a usa firm. The company is engaged in the business line of holding land and mineral assets. The main revenue source consists of rental income and royalties from equity securities. The Company's properties are located in the western United States. Substantial revenue accrues from rent income.

Flowery Gold Mines Co (Flowery Gold Mines Co) Headlines

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