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Glen Eagle Resources (TSXV:GER) ROCE % : 0.00% (As of Sep. 2023)


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What is Glen Eagle Resources 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. Glen Eagle Resources's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.


Glen Eagle Resources ROCE % Historical Data

The historical data trend for Glen Eagle Resources'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.

Glen Eagle Resources ROCE % Chart

Glen Eagle Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.22 -32.47 -67.53 -145.21 -49.55

Glen Eagle Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 132.08 45.72 307.15 -840.38 -

Glen Eagle Resources ROCE % Calculation

Glen Eagle Resources'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 )
=-0.723/( ( (3.426 - 1.64) + (4.727 - 3.595) )/ 2 )
=-0.723/( (1.786+1.132)/ 2 )
=-0.723/1.459
=-49.55 %

Glen Eagle Resources'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 )
=-2.536/( ( (3.609 - 3.703) + (3.131 - 4.005) )/ 2 )
=-2.536/( ( -0.094 + -0.874 )/ 2 )
=-2.536/-0.484
=0 %

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


Glen Eagle Resources  (TSXV:GER) 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.


Glen Eagle Resources ROCE % Related Terms

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Glen Eagle Resources (TSXV:GER) Business Description

Traded in Other Exchanges
Address
3650 F Boulevard Matte, Brossard, QC, CAN, J4Y 2Z2
Glen Eagle Resources Inc is a Canada-based company engaged in the acquisition, exploration and evaluation of mining properties. The company currently operates in two segments which are the acquisition, exploration, evaluation, and development of mineral properties, recovery of gold and silver from tailings and recovery of gold from rocks. The corporation's activities are conducted in Quebec (Canada), and Honduras. Its properties include Moose Lake in Canada; Project Cobra Oro 1, and Project Cobra Oro 2 in Honduras.
Executives
Guy Chamard Director

Glen Eagle Resources (TSXV:GER) Headlines

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