US Critical Metals (XCNQ:USCM) ROCE % : -642.71% (As of Dec. 2023)

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What is US 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. US Critical Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was -642.71%.

US Critical Metals ROCE % Historical Data

The historical data trend for US 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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US Critical Metals ROCE % Chart

US Critical Metals Annual Data

Trend

Jan22

Sep23

ROCE %

-1,369.85

US Critical Metals Quarterly Data
	Mar21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial				-237.58	-256.23	-279.86	-417.60	-642.71

US Critical Metals ROCE % Calculation

US Critical Metals's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Jan. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Jan. 2022 )		(A: Sep. 2023 )
	=	-5.815	/	( ( (0.032 - 0.205)	+	(1.615 - 0.593) )	/ 2 )
	=	-5.815	/	( (-0.173	+	1.022)	/ 2 )
	=	-5.815	/	0.4245
	=	-1,369.85 %

US 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: 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 )
	=	-4.168	/	( ( (1.615 - 0.593)	+	(0.674 - 0.399) )	/ 2 )
	=	-4.168	/	( ( 1.022	+	0.275 )	/ 2 )
	=	-4.168	/	0.6485
	=	-642.71 %

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

US Critical Metals (XCNQ:USCM) 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.

US Critical Metals ROCE % Related Terms

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US Critical Metals (XCNQ:USCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » US Critical Metals Corp (XCNQ:USCM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

USCMF:USA 0IU0:Germany

Address

550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5

Website

https://www.uscmcorp.com

US Critical Metals Corp is engaged in the business of mineral exploration. Its exploration projects include the Haynes Cobalt Property and the Nevada Lithium Property.

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