AMYZF (RecycLiCo Battery Materials) ROCE % : -61.24% (As of Jul. 2024)

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What is RecycLiCo Battery Materials 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. RecycLiCo Battery Materials's annualized ROCE % for the quarter that ended in Jul. 2024 was -61.24%.

RecycLiCo Battery Materials ROCE % Historical Data

The historical data trend for RecycLiCo Battery Materials'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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RecycLiCo Battery Materials ROCE % Chart

RecycLiCo Battery Materials Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

ROCE %

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42.75

-345.30

-77.43

-45.77

-28.27

RecycLiCo Battery Materials Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-117.99	-9.55	-25.38	-20.07	-61.24

RecycLiCo Battery Materials ROCE % Calculation

RecycLiCo Battery Materials's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-3.986	/	( ( (15.059 - 0.125)	+	(13.322 - 0.058) )	/ 2 )
	=	-3.986	/	( (14.934	+	13.264)	/ 2 )
	=	-3.986	/	14.099
	=	-28.27 %

RecycLiCo Battery Materials's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-8.216	/	( ( (13.572 - 0.005)	+	(13.322 - 0.058) )	/ 2 )
	=	-8.216	/	( ( 13.567	+	13.264 )	/ 2 )
	=	-8.216	/	13.4155
	=	-61.24 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2024) EBIT data.

RecycLiCo Battery Materials (OTCPK:AMYZF) 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.

RecycLiCo Battery Materials ROCE % Related Terms

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RecycLiCo Battery Materials Business Description

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ID4:Germany AMY:Canada

Address

17942 55th Avenue, Suite 2, Surrey, BC, CAN, V3S 6C8

Website

https://www.recyclico.com

RecycLiCo Battery Materials Inc is engaged in research and development of recycling battery cathode waste in lithium-ion batteries and the acquisition, exploration and development of interests in mineral resource projects in British Columbia, Canada and Arizona, USAs. Geographically, it operates in Canada and the United States.