Arafura Rare Earths (Arafura Rare Earths) ROCE % : -67.10% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Arafura Rare Earths 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. Arafura Rare Earths's annualized ROCE % for the quarter that ended in Dec. 2023 was -67.10%.

Arafura Rare Earths ROCE % Historical Data

The historical data trend for Arafura Rare Earths'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.

Arafura Rare Earths ROCE % Chart

Arafura Rare Earths Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-5.51

-4.11

-5.43

-26.79

-53.82

Arafura Rare Earths 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															-17.12	-32.32	-28.55	-60.60	-67.10

Arafura Rare Earths ROCE % Calculation

Arafura Rare Earths'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 )
	=	-64.672	/	( ( (100.718 - 7.545)	+	(174.183 - 27.021) )	/ 2 )
	=	-64.672	/	( (93.173	+	147.162)	/ 2 )
	=	-64.672	/	120.1675
	=	-53.82 %

Arafura Rare Earths'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 )
	=	-89.478	/	( ( (174.183 - 27.021)	+	(138.663 - 19.136) )	/ 2 )
	=	-89.478	/	( ( 147.162	+	119.527 )	/ 2 )
	=	-89.478	/	133.3445
	=	-67.10 %

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

Arafura Rare Earths (OTCPK:ARAFF) 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.

Arafura Rare Earths ROCE % Related Terms

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

Arafura Rare Earths (Arafura Rare Earths) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arafura Rare Earths Ltd (OTCPK:ARAFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

REB:Germany ARU:Australia

Address

432 Murray Street, Level 6, Perth, WA, AUS, 6000

Website

https://www.arultd.com

Arafura Rare Earths Ltd is engaged in mineral exploration, definition, and development of Neodymium-Praseodymium oxide and Mixed middle-heavy rare earth oxide products, mining and associated infrastructure, social and environmental feasibility evaluations, and Nolans Project engineering studies. Its products are used in catalytic converters in automobiles, consumer electronics, energy-efficiency lighting, optics, super alloys, advanced ceramics, and high-strength magnets.

Arafura Rare Earths (Arafura Rare Earths) Headlines

From GuruFocus

Arafura Resources Ltd to Webcast Live at VirtualInvestorConferences.com May 21st

By PRNewswire PRNewswire • 05-18-2020