Standard Lithium (TSXV:SLI) ROCE % : -26.67% (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

What is Standard 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. Standard Lithium's annualized ROCE % for the quarter that ended in Dec. 2023 was -26.67%.

Standard Lithium ROCE % Historical Data

The historical data trend for Standard 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.

Standard Lithium ROCE % Chart

Standard Lithium Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-33.91

-20.96

-41.29

-30.64

-24.88

Standard Lithium Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-15.63	-16.55	-63.87	-24.55	-26.67

Standard Lithium ROCE % Calculation

Standard Lithium'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 )
	=	-41.943	/	( ( (183.645 - 6.78)	+	(173.497 - 13.249) )	/ 2 )
	=	-41.943	/	( (176.865	+	160.248)	/ 2 )
	=	-41.943	/	168.5565
	=	-24.88 %

Standard Lithium'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-40.704	/	( ( (170.875 - 14.761)	+	(160.337 - 11.208) )	/ 2 )
	=	-40.704	/	( ( 156.114	+	149.129 )	/ 2 )
	=	-40.704	/	152.6215
	=	-26.67 %

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

Standard Lithium (TSXV:SLI) 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.

Standard Lithium ROCE % Related Terms

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

Standard Lithium (TSXV:SLI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SLI:USA S5L:Germany S5L:Germany

Address

1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9

Website

https://www.standardlithium.com

Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.