Lincoln Minerals (ASX:LML) ROCE % : -33.93% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Lincoln 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. Lincoln Minerals's annualized ROCE % for the quarter that ended in Dec. 2023 was -33.93%.

Lincoln Minerals ROCE % Historical Data

The historical data trend for Lincoln 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.

Lincoln Minerals ROCE % Chart

Lincoln Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-10.12

-10.83

-12.92

-32.35

-58.77

Lincoln Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-44.19	-21.69	-48.10	-89.00	-33.93

Lincoln Minerals ROCE % Calculation

Lincoln Minerals'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 )
	=	-3.61	/	( ( (5.987 - 0.737)	+	(7.154 - 0.118) )	/ 2 )
	=	-3.61	/	( (5.25	+	7.036)	/ 2 )
	=	-3.61	/	6.143
	=	-58.77 %

Lincoln Minerals'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 )
	=	-2.45	/	( ( (7.154 - 0.118)	+	(7.547 - 0.141) )	/ 2 )
	=	-2.45	/	( ( 7.036	+	7.406 )	/ 2 )
	=	-2.45	/	7.221
	=	-33.93 %

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

Lincoln Minerals (ASX:LML) 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.

Lincoln Minerals ROCE % Related Terms

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

Lincoln Minerals (ASX:LML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lincoln Minerals Ltd (ASX:LML) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 14, 333 Collins Street, Suite 3215, Melbourne, VIC, AUS, 3000

Website

https://www.lincolnminerals.com.au

Lincoln Minerals Ltd is an Australian minerals explorer and developer, focused on base metals, iron ore, and graphite exploration and project development on the Eyre Peninsula of South Australia. Lincoln's principal graphite projects include the Kookaburra Gully Project, the historic Koppio Graphite Mine, and the Kookaburra Gully Extended, Pernella, Campoona Syncline, and the Gum Flat project. Its other projects include Minbrie project a base metal and vanadium project, the Eurilla project, and the Nantuma project.

Lincoln Minerals (ASX:LML) Headlines

No Headlines