Alien Metals (LSE:UFO) ROCE % : -24.37% (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Alien 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. Alien Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was -24.37%.

Alien Metals ROCE % Historical Data

The historical data trend for Alien 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.

Alien Metals ROCE % Chart

Alien Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-166.28

-25.06

-21.13

-16.16

-20.69

Alien Metals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-28.22	-19.99	-11.87	-18.59	-24.37

Alien Metals ROCE % Calculation

Alien Metals's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-2.906	/	( ( (15.276 - 0.38)	+	(14.235 - 1.045) )	/ 2 )
	=	-2.906	/	( (14.896	+	13.19)	/ 2 )
	=	-2.906	/	14.043
	=	-20.69 %

Alien 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 )
	=	-3.212	/	( ( (13.963 - 0.795)	+	(14.235 - 1.045) )	/ 2 )
	=	-3.212	/	( ( 13.168	+	13.19 )	/ 2 )
	=	-3.212	/	13.179
	=	-24.37 %

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

Alien Metals (LSE:UFO) 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.

Alien Metals ROCE % Related Terms

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

Alien Metals (LSE:UFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alien Metals Ltd (LSE:UFO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ASLRF:USA I3A1:Germany

Address

6 Heddon Street, Mayfair, London, GBR, W1B 4BT

Website

https://www.alienmetals.uk

Alien Metals Ltd is a mining exploration and development company. The principal activity of the Group is to create and develop a multi-commodity portfolio of exploration and mining projects in jurisdictions with established mining communities, stable political backgrounds, and where strong operational controls can be assured. The company's focus is on precious and base metal commodities, with its operations located in proven mining jurisdictions. Its projects include Brockman Iron, Hancock Ranges, San Celso, Los Campos, Munni Munni North, Elizabeth Hill, and Donovan 2 project. The company's geographical segments are Mexico, Australia, and United Kingdom.