Halcones Precious Metals (TSXV:HPM) ROCE % : -3,364.71% (As of Dec. 2023)

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What is Halcones Precious Metals 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. Halcones Precious Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was -3,364.71%.

Halcones Precious Metals ROCE % Historical Data

The historical data trend for Halcones Precious Metals'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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Halcones Precious Metals ROCE % Chart

Halcones Precious Metals Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-202.82

-1,385.95

Halcones Precious Metals Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial					-190.11	-930.22	-	-1,997.23	-3,364.71

Halcones Precious Metals ROCE % Calculation

Halcones Precious Metals's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-6.313	/	( ( (1.813 - 0.212)	+	(0.339 - 1.029) )	/ 2 )
	=	-6.313	/	( (1.601	+	-0.69)	/ 2 )
	=	-6.313	/	0.4555
	=	-1,385.95 %

Halcones Precious Metals's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-7.436	/	( ( (1.353 - 0.221)	+	(0.339 - 1.029) )	/ 2 )
	=	-7.436	/	( ( 1.132	+	-0.69 )	/ 2 )
	=	-7.436	/	0.221
	=	-3,364.71 %

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

Halcones Precious Metals (TSXV:HPM) 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.

Halcones Precious Metals ROCE % Related Terms

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Halcones Precious Metals (TSXV:HPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Halcones Precious Metals Corp (TSXV:HPM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 LOMBARD Road, 4th Floor, Toronto, ON, CAN, M5C 2X3

Website

https://www.halconespreciousmetals.com

Halcones Precious Metals Corp is engaged in developing a High-Grade Epithermal Gold Project in Chile. It has s a single operating segment, which is the mineral exploration and evaluation in Chile.

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