Osceola Gold (Osceola Gold) ROCE % : 0.00% (As of Sep. 2023)

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What is Osceola Gold 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. Osceola Gold's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Osceola Gold ROCE % Historical Data

The historical data trend for Osceola 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.

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Osceola Gold ROCE % Chart

Osceola Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec21

Dec22

ROCE %

-88.79

-248.69

Osceola Gold Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec21	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial											-	-	-	-	-

Osceola Gold ROCE % Calculation

Osceola Gold's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.007	/	( ( (0.01 - 2.581)	+	(0.016 - 3.434) )	/ 2 )
	=	-0.007	/	( (-2.571	+	-3.418)	/ 2 )
	=	-0.007	/	-2.9945
	=	0.23 %

Osceola Gold's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.08	/	( ( (0.017 - 3.643)	+	(0.033 - 3.786) )	/ 2 )
	=	-0.08	/	( ( -3.626	+	-3.753 )	/ 2 )
	=	-0.08	/	-3.6895
	=	0 %

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

Osceola Gold (OTCPK:OSCI) 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.

Osceola Gold ROCE % Related Terms

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