Regener8 Resources NL (ASX:R8R) ROCE % : -11.26% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Regener8 Resources NL 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. Regener8 Resources NL's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.26%.

Regener8 Resources NL ROCE % Historical Data

The historical data trend for Regener8 Resources NL'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.

Regener8 Resources NL ROCE % Chart

Regener8 Resources NL Annual Data

Trend

Jun22

Jun23

ROCE %

-6.93

-10.78

Regener8 Resources NL Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
ROCE %	-	-8.67	-12.91	-11.26

Regener8 Resources NL ROCE % Calculation

Regener8 Resources NL'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 )
	=	-0.569	/	( ( (6.1 - 0.606)	+	(5.185 - 0.119) )	/ 2 )
	=	-0.569	/	( (5.494	+	5.066)	/ 2 )
	=	-0.569	/	5.28
	=	-10.78 %

Regener8 Resources NL'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 )
	=	-0.556	/	( ( (5.185 - 0.119)	+	(4.878 - 0.066) )	/ 2 )
	=	-0.556	/	( ( 5.066	+	4.812 )	/ 2 )
	=	-0.556	/	4.939
	=	-11.26 %

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

Regener8 Resources NL (ASX:R8R) 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.

Regener8 Resources NL ROCE % Related Terms

Thank you for viewing the detailed overview of Regener8 Resources NL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Regener8 Resources NL (ASX:R8R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regener8 Resources NL (ASX:R8R) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

333C Charles Street, North Perth, Perth, WA, AUS, 6006

Website

https://www.regener8resources.com.au

Regener8 Resources NL is a junior exploration company. It is focused on the Kookynie Gold Project which is located in the northern Goldfields region of Western Australia, covering an area of approximately 15 square km within the North Coolgardie Mineral Field.

Regener8 Resources NL (ASX:R8R) Headlines

No Headlines