Ameriwest Lithium (XCNQ:AWLI) ROCE % : -15.10% (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ameriwest Lithium 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. Ameriwest Lithium's annualized ROCE % for the quarter that ended in Jan. 2024 was -15.10%.

Ameriwest Lithium ROCE % Historical Data

The historical data trend for Ameriwest Lithium'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.

Ameriwest Lithium ROCE % Chart

Ameriwest Lithium Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

-100.00

-169.52

-93.42

-150.37

-45.34

Ameriwest Lithium Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-21.88	-29.94	-38.49	-13.26	-15.10

Ameriwest Lithium ROCE % Calculation

Ameriwest Lithium's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-4.144	/	( ( (12.048 - 0.666)	+	(8.103 - 1.206) )	/ 2 )
	=	-4.144	/	( (11.382	+	6.897)	/ 2 )
	=	-4.144	/	9.1395
	=	-45.34 %

Ameriwest Lithium's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-1.228	/	( ( (8.623 - 0.374)	+	(8.6 - 0.588) )	/ 2 )
	=	-1.228	/	( ( 8.249	+	8.012 )	/ 2 )
	=	-1.228	/	8.1305
	=	-15.10 %

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

Ameriwest Lithium (XCNQ:AWLI) 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.

Ameriwest Lithium ROCE % Related Terms

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

Ameriwest Lithium (XCNQ:AWLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ameriwest Lithium Inc (XCNQ:AWLI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AWLIF:USA 5HV0:Germany

Address

1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

https://www.ameriwestlithium.com

Ameriwest Lithium Inc is a junior mining company with a focus on identifying and evaluating mineral resource projects for further exploration and future development. The company portfolio includes Koster Dam Property, Canada; Thunderbird Property, Canada; Quet & Fire Property, Canada; ESN Property, USA; Deer Musk East Property, USA; Railroad Valley Property, USA; Edwards Creek Valley Property, USA and Thompson Valley Property, USA. The company operates in one reportable operating segment, the acquisition, exploration, and development of mineral properties. It operates in Canada and the United States.

Executives

Zygmunt Stanislaw Hancyk

Director

Ameriwest Lithium (XCNQ:AWLI) Headlines

No Headlines