International Zeolite (TSXV:IZ) ROCE % : 0.00% (As of Mar. 2024)

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What is International Zeolite 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. International Zeolite's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

International Zeolite ROCE % Historical Data

The historical data trend for International Zeolite'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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International Zeolite ROCE % Chart

International Zeolite Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-87.16

-33.00

-68.14

-167.77

International Zeolite Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

International Zeolite ROCE % Calculation

International Zeolite'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 )
	=	-1.67	/	( ( (1.484 - 1.355)	+	(0.939 - 1.773) )	/ 2 )
	=	-1.67	/	( (0.129	+	-0.834)	/ 2 )
	=	-1.67	/	-0.3525
	=	473.76 %

International Zeolite's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.472	/	( ( (0.582 - 1.857)	+	(0.528 - 1.886) )	/ 2 )
	=	-0.472	/	( ( -1.275	+	-1.358 )	/ 2 )
	=	-0.472	/	-1.3165
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

International Zeolite (TSXV:IZ) 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.

International Zeolite ROCE % Related Terms

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International Zeolite (TSXV:IZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Zeolite Corp (TSXV:IZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

IZCFF:USA ZEON:Germany

Address

1021 West Hastings Street, Suite 2300, 9th Floor, Vancouver, BC, CAN, V6E0C3

Website

https://www.internationalzeolite.com

International Zeolite Corp is a Canada-based company that markets and supplies natural zeolite and zeolite-infused products. The company's operating segments include the exploration and development segment; and the retail and commercial sales segment which is the key revenue driver. The revenue comprises sales of zeolite products, commissions earned on sales of zeolite products, and royalties earned on bulk zeolite material shipped from its site in Princeton.

Executives

Raymon Lucien Paquette

10% Security Holder, Director, Senior Officer

International Zeolite (TSXV:IZ) Headlines

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