Critical Metals (LSE:CRTM) ROCE % : -116.18% (As of Dec. 2023)

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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 -116.18%.

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.

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Critical Metals ROCE % Chart

Critical Metals Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

-14.89

-346.67

-32.41

-58.12

-168.47

Critical Metals Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-	-132.87	-184.03	-124.31	-116.18

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 )
	=	-2.661	/	( ( (0.919 - 0.111)	+	(4.685 - 2.334) )	/ 2 )
	=	-2.661	/	( (0.808	+	2.351)	/ 2 )
	=	-2.661	/	1.5795
	=	-168.47 %

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 )
	=	-2.194	/	( ( (4.685 - 2.334)	+	(4.418 - 2.992) )	/ 2 )
	=	-2.194	/	( ( 2.351	+	1.426 )	/ 2 )
	=	-2.194	/	1.8885
	=	-116.18 %

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

Critical Metals (LSE:CRTM) 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

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Critical Metals (LSE:CRTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Metals PLC (LSE:CRTM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

67K:Germany 67K:Germany

Address

20 Primrose Street, The Broadgate Tower 7th Floor, London, GBR, EC2A 2EW

Website

https://www.criticalmetals.co.uk

Critical Metals PLC is a mining investment company. The company looks to identify potential companies, businesses, or assets that have operations in the natural resources exploration, development, and production sector.

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