GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quest Critical Metals Inc (XTER:DCR0) » Definitions » ROCE %

Quest Critical Metals (XTER:DCR0) ROCE % : -37.99% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Quest 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. Quest Critical Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was -37.99%.


Quest Critical Metals ROCE % Historical Data

The historical data trend for Quest 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.

* Premium members only.

Quest Critical Metals ROCE % Chart

Quest Critical Metals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -290.12 -183.63 -173.46 -116.68 -

Quest Critical Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 -208.65 - - - -37.99

Quest Critical Metals ROCE % Calculation

Quest 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: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-0.694/( ( (0.826 - 1.102) + (0.971 - 0.778) )/ 2 )
=-0.694/( (-0.276+0.193)/ 2 )
=-0.694/-0.0415
=1,672.29 %

Quest 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 )
=-0.54/( ( (0.971 - 0.778) + (3.635 - 0.985) )/ 2 )
=-0.54/( ( 0.193 + 2.65 )/ 2 )
=-0.54/1.4215
=-37.99 %

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


Quest Critical Metals  (XTER:DCR0) 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.


Quest Critical Metals ROCE % Related Terms

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


Quest Critical Metals (XTER:DCR0) Business Description

Traded in Other Exchanges
Address
1558 West Hastings Street, Vancouver, BC, CAN, V6G 3J4
Quest Critical Metals Inc is and minerals exploration company is Canada. It includes minerals like Lithium, Copper, Cobalt, and Palladium.

Quest Critical Metals (XTER:DCR0) Headlines

No Headlines