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Ordell Minerals (ASX:ORD) ROC % : 0.00% (As of Dec. 2023)


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What is Ordell Minerals ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Ordell Minerals's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was 0.00%.

As of today (2025-03-16), Ordell Minerals's WACC % is 10.49%. Ordell Minerals's ROC % is 0.00% (calculated using TTM income statement data). Ordell Minerals earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Ordell Minerals ROC % Historical Data

The historical data trend for Ordell Minerals's ROC % 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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Ordell Minerals ROC % Chart

Ordell Minerals Annual Data
Trend Dec23
ROC %
-

Ordell Minerals Semi-Annual Data
Dec23
ROC % -

Ordell Minerals ROC % Calculation

Ordell Minerals's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: Dec. 2023 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Ordell Minerals's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: Dec. 2023 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Note: The Operating Income data used here is one times the annual (Dec. 2023) 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.


Ordell Minerals  (ASX:ORD) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Ordell Minerals's WACC % is 10.49%. Ordell Minerals's ROC % is 0.00% (calculated using TTM income statement data). Ordell Minerals earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Ordell Minerals ROC % Related Terms

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Ordell Minerals Business Description

Traded in Other Exchanges
N/A
Address
Unit 13, 6 – 10 Douro Place, West Perth, WA, AUS
Ordell Minerals Ltd is a Company engaged in exploration of and, where appropriate, development of its Projects possessing gold and/or lithium and other metals and minerals. The Company's motive is to build Shareholder value by acquiring, exploring and exploiting its mineral resource prospects. The company's three main mineral projects include an approximate eighty percent interest in the Barimaia Project (gold), Hundred percent ownership of the Goodia Project (lithium and gold), and Hundred percent ownership of the Fisher South Project (gold).

Ordell Minerals Headlines

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