Golden Royal Development

Golden Royal Development ROCE

The Return on Capital Employed (ROCE) of Golden Royal Development (GRDV) as of Oct 16, 2026 is 10.91 %. In the previous year, Return on Capital Employed (ROCE) was 23.38 % — a change of -53.33% (lower).

ROCE

10.91 %

YoY

-53.33%

Last updated:

In 2024, Golden Royal Development's return on capital employed (ROCE) was 10.91 %, a -53.33% increase from the 23.38 % ROCE in the previous year.

The Golden Royal Development ROCE history

  • 3 Years

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  • Max

ROCE
Date
ROCE
Jan 1, 2020
34.42 USD
Jan 1, 2021
20.70 USD
Jan 1, 2022
32.04 USD
Jan 1, 2023
23.38 USD
Jan 1, 2024
10.91 USD
The Golden Royal Development ROCE history
YEARROCEYoY
10.91 %-53.33%
23.38 %-27.05%
32.04 %+54.84%
20.70 %-39.87%
34.42 %—

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Golden Royal Development Stock analysis

What does Golden Royal Development do? Golden Royal Development Inc, trading under the ticker GRDV with ISIN US38116V1026, is a U.S.-based company headquartered in Brooklyn, New York. The company went public via an IPO on January 24, 2023. Golden Royal Development is engaged in mineral exploration activities, focusing on identifying oil, gas, and mining properties. It operates by purchasing and selling mineral leases and other interests in mineral rights. The company holds oil and gas properties in Fremont County, Laramie County, and Converse County, Wyoming. Additionally, it has precious metal rights in a parcel of land within Crooks County, Wyoming. Golden Royal Development has also invested in mineral rights across four other parcels in Wyoming, including two in Crooks County, one in Laramie County, and one in Converse County. As of the latest available information, the company has not generated revenues from its oil, gas, and mining operations. It currently employs zero full-time staff. The company's activities are centered around the acquisition and management of mineral rights, with a focus on Wyoming-based properties. Golden Royal Development Inc is listed on a U.S. stock exchange, though specific exchange details are not provided. The company's primary business model involves the exploration and leasing of mineral resources, with no reported revenue streams from these activities to date. Golden Royal Development is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Golden Royal Development's Return on Capital Employed (ROCE)

Golden Royal Development's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Golden Royal Development's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Golden Royal Development's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Golden Royal Development’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Golden Royal Development stock

Return on Capital Employed (ROCE) of Golden Royal Development is 10.91 % in 2024.

Return on Capital Employed (ROCE) of Golden Royal Development changed from 23.38 % to 10.91 %, representing a -53.33% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Golden Royal Development since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Golden Royal Development with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Golden Royal Development

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