Kutcho Copper (TSXV:KC) ROCE % : -2.57% (As of Jan. 2024)

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What is Kutcho Copper 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. Kutcho Copper's annualized ROCE % for the quarter that ended in Jan. 2024 was -2.57%.

Kutcho Copper ROCE % Historical Data

The historical data trend for Kutcho Copper'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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Kutcho Copper ROCE % Chart

Kutcho Copper Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

ROCE %

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-15.97

-6.34

-4.97

-0.61

-3.27

Kutcho Copper Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-18.63	3.10	-3.29	-4.24	-2.57

Kutcho Copper ROCE % Calculation

Kutcho Copper's annualized ROCE % for the fiscal year that ended in Apr. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2022 )		(A: Apr. 2021 )		(A: Apr. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2022 )		(A: Apr. 2021 )		(A: Apr. 2022 )
	=	-1.785	/	( ( (52.131 - 4.131)	+	(61.794 - 0.637) )	/ 2 )
	=	-1.785	/	( (48	+	61.157)	/ 2 )
	=	-1.785	/	54.5785
	=	-3.27 %

Kutcho Copper's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-1.776	/	( ( (68.969 - 0.326)	+	(69.818 - 0.101) )	/ 2 )
	=	-1.776	/	( ( 68.643	+	69.717 )	/ 2 )
	=	-1.776	/	69.18
	=	-2.57 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Kutcho Copper (TSXV:KC) 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.

Kutcho Copper ROCE % Related Terms

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Kutcho Copper (TSXV:KC) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kutcho Copper Corp (TSXV:KC) » Definitions » ROCE %

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1QV:Germany

Address

1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.kutcho.ca

Kutcho Copper Corp is a Canadian resource development company. Its principal activity is the acquisition and exploration of resource properties. The company is focused on expanding and developing the Kutcho high-grade copper-zinc project in Northern British Columbia.