ATMMF (Atomic Minerals) ROCE % : -376.62% (As of Feb. 2025)

View and export this data going back to 1981. Start your Free Trial

What is Atomic Minerals 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. Atomic Minerals's annualized ROCE % for the quarter that ended in Feb. 2025 was -376.62%.

Atomic Minerals ROCE % Historical Data

The historical data trend for Atomic Minerals'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.

Atomic Minerals ROCE % Chart

Atomic Minerals Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

ROCE %

Get a 7-Day Free Trial

-941.94

-87.28

-93.92

-282.46

Atomic Minerals Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
ROCE %	Get a 7-Day Free Trial															-373.90	-118.15	-216.92	-279.16	-376.62

Atomic Minerals ROCE % Calculation

Atomic Minerals's annualized ROCE % for the fiscal year that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2024 )		(A: Aug. 2023 )		(A: Aug. 2024 )
	=	-1.079	/	( ( (0.757 - 0.373)	+	(1.033 - 0.653) )	/ 2 )
	=	-1.079	/	( (0.384	+	0.38)	/ 2 )
	=	-1.079	/	0.382
	=	-282.46 %

Atomic Minerals's ROCE % of for the quarter that ended in Feb. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2025 )		(Q: Nov. 2024 )		(Q: Feb. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2025 )		(Q: Nov. 2024 )		(Q: Feb. 2025 )
	=	-0.58	/	( ( (1.265 - 0.834)	+	(0.645 - 0.768) )	/ 2 )
	=	-0.58	/	( ( 0.431	+	-0.123 )	/ 2 )
	=	-0.58	/	0.154
	=	-376.62 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2025) EBIT data.

Atomic Minerals (OTCPK:ATMMF) 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.

Atomic Minerals ROCE % Related Terms

Thank you for viewing the detailed overview of Atomic Minerals's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Atomic Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atomic Minerals Corp (OTCPK:ATMMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ATOM:Canada

Address

1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6

Website

https://www.atomicminerals.ca

Atomic Minerals Corp is a mineral exploration company. Its projects include the Harts Point Project, Mitchell Lake Project, Hamilton Lake Project, and 10 Mile Property. Geographically, it operates in Canada and the USA.