AML3D (ASX:AL3) ROCE % : -115.28% (As of Dec. 2023)

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What is AML3D 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. AML3D's annualized ROCE % for the quarter that ended in Dec. 2023 was -115.28%.

AML3D ROCE % Historical Data

The historical data trend for AML3D'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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AML3D ROCE % Chart

AML3D Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

-33.10

-50.22

-52.01

-78.31

AML3D Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-52.05	-53.82	-77.04	-82.04	-115.28

AML3D ROCE % Calculation

AML3D'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 )
	=	-5.417	/	( ( (7.859 - 1.009)	+	(8.837 - 1.853) )	/ 2 )
	=	-5.417	/	( (6.85	+	6.984)	/ 2 )
	=	-5.417	/	6.917
	=	-78.31 %

AML3D'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 )
	=	-6.826	/	( ( (8.837 - 1.853)	+	(11.515 - 6.657) )	/ 2 )
	=	-6.826	/	( ( 6.984	+	4.858 )	/ 2 )
	=	-6.826	/	5.921
	=	-115.28 %

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

AML3D (ASX:AL3) 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.

AML3D ROCE % Related Terms

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AML3D (ASX:AL3) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Woomera Avenue, Edinburgh, Adelaide, SA, AUS, 5111

Website

https://www.aml3d.com

AML3D Ltd is engaged in the design and construction of 3D parts using Wire Additive Manufacturing technology and developing that technology. It combines the state of the art welding science, robotics technology, metallurgy, and CAD software design to produce an automated 3D printing system operating in a freeform environment. Geographically, it derives a majority of its revenue from Australia and also has a presence in Singapore; Japan, and other countries.

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