W Resources (W Resources) ROCE % : -8.59% (As of Jun. 2021)

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What is W 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. W Resources's annualized ROCE % for the quarter that ended in Jun. 2021 was -8.59%.

W Resources ROCE % Historical Data

The historical data trend for W 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.

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W Resources ROCE % Chart

W Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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-6.33

-4.93

-12.52

-4.76

-4.86

W Resources Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
ROCE %	Get a 7-Day Free Trial															-1.85	-7.42	-3.01	-6.47	-8.59

W Resources ROCE % Calculation

W Resources's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-3.777	/	( ( (79.378 - 8.932)	+	(100.316 - 15.448) )	/ 2 )
	=	-3.777	/	( (70.446	+	84.868)	/ 2 )
	=	-3.777	/	77.657
	=	-4.86 %

W Resources's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	-7.62	/	( ( (100.316 - 15.448)	+	(104.545 - 11.999) )	/ 2 )
	=	-7.62	/	( ( 84.868	+	92.546 )	/ 2 )
	=	-7.62	/	88.707
	=	-8.59 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

W Resources (OTCPK:WREOF) 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.

W Resources ROCE % Related Terms

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W Resources (W Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » W Resources PLC (OTCPK:WREOF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

http://www.wresources.com

W Resources PLC is a European mining company, which focuses on delivering long-term production of tungsten. The company is engaged in the production, exploration, and development of tungsten, copper and gold properties. It operates through Mineral Exploration and Corporate segment. The company explores various projects in Spain and Portugal which include La Parrilla in Spain, Regua and Tarouca in Portugal; the CAA Portalegre gold/copper project in Portugal and the Monforte-Tinoca copper project in Portugal. It derives revenue from the Iberia region.

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