Killi Resources (ASX:KLI) ROCE % : -52.65% (As of Dec. 2023)

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What is Killi 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. Killi Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -52.65%.

Killi Resources ROCE % Historical Data

The historical data trend for Killi 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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Killi Resources ROCE % Chart

Killi Resources Annual Data

Trend

Jun22

Jun23

ROCE %

-46.00

-90.71

Killi Resources Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-	-121.32	-84.13	-52.65

Killi Resources ROCE % Calculation

Killi Resources's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-4.24	/	( ( (6.339 - 0.322)	+	(3.478 - 0.147) )	/ 2 )
	=	-4.24	/	( (6.017	+	3.331)	/ 2 )
	=	-4.24	/	4.674
	=	-90.71 %

Killi Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.632	/	( ( (3.478 - 0.147)	+	(2.978 - 0.109) )	/ 2 )
	=	-1.632	/	( ( 3.331	+	2.869 )	/ 2 )
	=	-1.632	/	3.1
	=	-52.65 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Killi Resources (ASX:KLI) 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.

Killi Resources ROCE % Related Terms

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Killi Resources (ASX:KLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Killi Resources Ltd (ASX:KLI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

945 Wellington Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.killi.com.au

Killi Resources Ltd is engaged in the exploration of gold and copper in both Western Australia and Queensland. It owns four exploration projects include West Tanami, Mt Rawdon West, and Ravenswood North.

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