VVC Exploration (FRA:V7S) ROCE % : -13.27% (As of Oct. 2023)

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What is VVC Exploration 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. VVC Exploration's annualized ROCE % for the quarter that ended in Oct. 2023 was -13.27%.

VVC Exploration ROCE % Historical Data

The historical data trend for VVC Exploration'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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VVC Exploration ROCE % Chart

VVC Exploration Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

ROCE %

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-48.95

-41.99

-540.56

VVC Exploration Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-	-	-	-11.11	-13.27

VVC Exploration ROCE % Calculation

VVC Exploration's annualized ROCE % for the fiscal year that ended in Jan. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2023 )		(A: Jan. 2022 )		(A: Jan. 2023 )
	=	-3.731	/	( ( (2.767 - 5.321)	+	(1.27 - 5.868) )	/ 2 )
	=	-3.731	/	( (-2.554	+	-4.598)	/ 2 )
	=	-3.731	/	-3.576
	=	104.33 %

VVC Exploration's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	-3.444	/	( ( (32.453 - 6.162)	+	(31.845 - 6.245) )	/ 2 )
	=	-3.444	/	( ( 26.291	+	25.6 )	/ 2 )
	=	-3.444	/	25.9455
	=	-13.27 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2023) EBIT data.

VVC Exploration (FRA:V7S) 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.

VVC Exploration ROCE % Related Terms

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VVC Exploration (FRA:V7S) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VVC Exploration Corp (FRA:V7S) » Definitions » ROCE %

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VVCVF:USA VVC:Canada

Address

2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7

Website

https://www.vvcexpl.com

VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.

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