Critical Metals (Critical Metals) ROCE % : 0.00% (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Critical Metals 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. Critical Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Critical Metals ROCE % Historical Data

The historical data trend for Critical Metals'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.

Critical Metals ROCE % Chart

Critical Metals Annual Data

Trend

Jun21

Jun22

Jun23

ROCE %

-1.77

-0.89

-17.21

Critical Metals Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-0.92	-0.85	-	-33.32	-

Critical Metals ROCE % Calculation

Critical Metals'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 )
	=	-5.348	/	( ( (30.684 - 0.305)	+	(34.985 - 3.211) )	/ 2 )
	=	-5.348	/	( (30.379	+	31.774)	/ 2 )
	=	-5.348	/	31.0765
	=	-17.21 %

Critical Metals'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 )
	=	0	/	( ( (34.985 - 3.211)	+	(0.003 - 0.211) )	/ 2 )
	=	0	/	( ( 31.774	+	-0.208 )	/ 2 )
	=	0	/	15.783
	=	0.00 %

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

Critical Metals (NAS:CRML) 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.

Critical Metals ROCE % Related Terms

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

Critical Metals (Critical Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Metals Corp (NAS:CRML) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Maples Corporate Services Limited, PO Box 173, Kingston Chambers, Tortola, Road Town, VGB

Website

Critical Metals Corp is a company whose business activities are lithium exploration in Austria. It has one operating segment which relate to mineral exploration.

Critical Metals (Critical Metals) Headlines

From GuruFocus

Critical Metals Appoints Tony Sage as Chief Executive Officer

By Marketwired • 04-22-2024