American Lithium (TSXV:LI) ROCE % : -25.00% (As of Nov. 2023)

View and export this data going back to 1985. Start your Free Trial

What is American Lithium 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. American Lithium's annualized ROCE % for the quarter that ended in Nov. 2023 was -25.00%.

American Lithium ROCE % Historical Data

The historical data trend for American Lithium'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.

American Lithium ROCE % Chart

American Lithium Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

ROCE %

Get a 7-Day Free Trial

-57.72

-59.67

-148.77

-22.49

-18.52

American Lithium Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-12.01	-21.77	-23.44	-22.89	-25.00

American Lithium ROCE % Calculation

American Lithium's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-35.576	/	( ( (193.493 - 1.863)	+	(194.28 - 1.739) )	/ 2 )
	=	-35.576	/	( (191.63	+	192.541)	/ 2 )
	=	-35.576	/	192.0855
	=	-18.52 %

American Lithium's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-44.716	/	( ( (185.43 - 2.684)	+	(177.179 - 2.195) )	/ 2 )
	=	-44.716	/	( ( 182.746	+	174.984 )	/ 2 )
	=	-44.716	/	178.865
	=	-25.00 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2023) EBIT data.

American Lithium (TSXV:LI) 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.

American Lithium ROCE % Related Terms

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

American Lithium (TSXV:LI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Lithium Corp (TSXV:LI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AMLI:USA 5LA1:Germany

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.americanlithiumcorp.com

American Lithium Corp is an exploration-stage company. It is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. Its current focus is on developing its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada, enabling the shift to a new energy paradigm. In addition, Falchani lithium and Macusani uranium development-stage projects are being advanced in southeastern Peru.

Executives

Graham Elliot Ballachey

Senior Officer