Aeluma (Aeluma) ROCE % : -86.03% (As of Mar. 2024)

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What is Aeluma 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. Aeluma's annualized ROCE % for the quarter that ended in Mar. 2024 was -86.03%.

Aeluma ROCE % Historical Data

The historical data trend for Aeluma'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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Aeluma ROCE % Chart

Aeluma Annual Data

Trend

Dec19

Dec20

Jun22

Jun23

ROCE %

-200.00

-134.20

-92.09

Aeluma Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial										-116.01	-78.40	-96.38	-83.77	-86.03

Aeluma ROCE % Calculation

Aeluma'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 )
	=	-5.51	/	( ( (5.931 - 0.372)	+	(7.164 - 0.757) )	/ 2 )
	=	-5.51	/	( (5.559	+	6.407)	/ 2 )
	=	-5.51	/	5.983
	=	-92.09 %

Aeluma'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 )
	=	-3.852	/	( ( (5.33 - 0.451)	+	(4.722 - 0.646) )	/ 2 )
	=	-3.852	/	( ( 4.879	+	4.076 )	/ 2 )
	=	-3.852	/	4.4775
	=	-86.03 %

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

Aeluma (OTCPK:ALMU) 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.

Aeluma ROCE % Related Terms

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Aeluma (Aeluma) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Aeluma Inc (OTCPK:ALMU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Castilian Drive, Goleta, CA, USA, 93117

Website

https://www.aeluma.com

Aeluma Inc is a semiconductor company specializing in sensors and communications. It is developing sensor technology for mobile devices and vehicles. The company develops novel optoelectronic devices for sensing and communications applications. The company manufactures devices using high-performance compound semiconductor materials on large-diameter substrates that are commonly used to manufacture mass-market microelectronics.

Executives

Mark N. Tompkins	director, 10 percent owner	APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
John Kenneth Paglia	director	746 GRABLE PLACE, NEWBURY PARK CA 91320
Palvi Kumar Mehta	director	2839 EVERGREEN POINT ROAD, MEDINA WA 98039
Steven Denbaars	director	9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Jonathan Klamkin	director, 10 percent owner, officer: CEO	464 RIBERA DRIVE, SANTA BARBARA CA 93111
Lee Mccarthy	director, 10 percent owner, officer: CFO, COO	27 CASTILIAN, GOLETA CA 93117
Ian Seth Jacobs	director, officer: President, Secretary, CEO, CFO	2255 GLADES RD., SUITE 324A, BOCA RATON FL 33431