Gold and GemStone Mining (Gold and GemStone Mining) ROCE % : 0.00% (As of Oct. 2014)

View and export this data going back to 2010. Start your Free Trial

What is Gold and GemStone Mining 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. Gold and GemStone Mining's annualized ROCE % for the quarter that ended in Oct. 2014 was 0.00%.

Gold and GemStone Mining ROCE % Historical Data

The historical data trend for Gold and GemStone Mining'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.

* Premium members only.

Gold and GemStone Mining ROCE % Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

ROCE %

-285.71

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
ROCE %	Get a 7-Day Free Trial														-	-	-	-	-

Gold and GemStone Mining ROCE % Calculation

Gold and GemStone Mining's annualized ROCE % for the fiscal year that ended in Jan. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2012 )		(A: Jan. 2011 )		(A: Jan. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2012 )		(A: Jan. 2011 )		(A: Jan. 2012 )
	=	-0.028	/	( ( (0.016 - 0.009)	+	(0 - 0.017) )	/ 2 )
	=	-0.028	/	( (0.007	+	-0.017)	/ 2 )
	=	-0.028	/	-0.005
	=	560.00 %

Gold and GemStone Mining's ROCE % of for the quarter that ended in Oct. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2014 )		(Q: Jul. 2014 )		(Q: Oct. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2014 )		(Q: Jul. 2014 )		(Q: Oct. 2014 )
	=	-0.692	/	( ( (0.302 - 0.002)	+	(0.001 - 0.332) )	/ 2 )
	=	-0.692	/	( ( 0.3	+	-0.331 )	/ 2 )
	=	-0.692	/	-0.0155
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2014) EBIT data.

Gold and GemStone Mining (OTCPK:GGSM) 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.

Gold and GemStone Mining ROCE % Related Terms

Thank you for viewing the detailed overview of Gold and GemStone Mining's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.