Caeneus Minerals Ltd ROCE

Was ist das ROCE von Caeneus Minerals Ltd?

ROCE von Caeneus Minerals Ltd ist -347.03%

Was ist die Definition von ROCE?

Die Kapitalerträge (ROCE) entsprechen einer Finanzkennzahl, die die Rentabilität eines Unternehmens und die Effizienz, mit der sein Kapital verwendet wird, misst.

Return on capital employed (ROCE) is the total amount of capital that a company has utilized in order to generate profits. It is the sum of shareholders' equity and debt liabilities. It can be simplified as total assets minus current liabilities.

ROCE is especially useful when comparing the performance of companies in capital-intensive sectors. ROCE considers debt and other liabilities as well compared to other fundamentals which only analyze profitability related to a company’s common equity. This provides a better indication of financial performance for companies with significant debt. For a company, the ROCE trend over the years is also an important indicator of performance. In general, investors tend to favor companies with stable and rising ROCE numbers over companies where ROCE is volatile and bounces around from one year to the next.

Instead of using capital employed at an arbitrary point in time, analysts and investors often calculate ROCE based on the average capital employed (ROACE), which takes the average of opening and closing capital employed for the time period.

Was macht Caeneus Minerals Ltd?

Caeneus Minerals Ltd operates as a mineral exploration and development company in Australia and the United States. It explores for lithium, gold, platinum group metals, copper, and nickel deposits. The company holds interests in the Columbus Marsh project, the New King Lithium project, and the Rhodes Marsh project located in Nevada. It also holds interests in the Pardoo project, the Roberts Hill project, the Mt Berghaus project, and the Yule River project located in Western Australia. The company was formerly known as Matrix Metals Limited. Caeneus Minerals Ltd was incorporated in 1998 and is headquartered in Nedlands, Australia.

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