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Hot Chili (ASX:HCH) ROCE % : -3.79% (As of Dec. 2023)


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What is Hot Chili 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. Hot Chili's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.79%.


Hot Chili ROCE % Historical Data

The historical data trend for Hot Chili'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.

Hot Chili ROCE % Chart

Hot Chili Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.23 0.48 -5.47 -2.61 -2.40

Hot Chili 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.44 -0.76 -1.68 -3.14 -3.79

Hot Chili ROCE % Calculation

Hot Chili'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 )
=-5.376/( ( (231.596 - 6.551) + (224.432 - 1.558) )/ 2 )
=-5.376/( (225.045+222.874)/ 2 )
=-5.376/223.9595
=-2.40 %

Hot Chili'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 )
=-8.394/( ( (224.432 - 1.558) + (223.438 - 2.989) )/ 2 )
=-8.394/( ( 222.874 + 220.449 )/ 2 )
=-8.394/221.6615
=-3.79 %

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

* 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.


Hot Chili  (ASX:HCH) 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.


Hot Chili ROCE % Related Terms

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Hot Chili (ASX:HCH) Business Description

Traded in Other Exchanges
Address
768 Canning Highway, First Floor, Applecross, WA, AUS, 6153
Hot Chili Ltd is a mineral exploration company with assets in Chile. It aims to build shareholder value through the growth and development of its high-quality Costa Fuego copper-gold project located in a low elevation, accessible region of northern Chile. With substantial mineral resources and an active drill program testing new targets, Hot Chili provides substantial leverage to the copper price due to the size, quality and location of its resource base. Costa Fuego has an indicated resource of 2.8Mt Cu, 2.6Moz Au and 67kt of Mo (in 725Mt) and inferred resource of 0.6 Mt Cu, 1.2 Moz Au and 13kt Mo (in 202Mt).

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