Black Cat Syndicate (ASX:BC8) ROCE % : -7.86% (As of Dec. 2024)

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What is Black Cat Syndicate 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. Black Cat Syndicate's annualized ROCE % for the quarter that ended in Dec. 2024 was -7.86%.

Black Cat Syndicate ROCE % Historical Data

The historical data trend for Black Cat Syndicate'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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Black Cat Syndicate ROCE % Chart

Black Cat Syndicate Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-15.58

-8.19

-5.32

-4.26

-0.99

Black Cat Syndicate Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial									-10.97	1.82	-1.54	-0.51	-7.86

Black Cat Syndicate ROCE % Calculation

Black Cat Syndicate's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-1.31	/	( ( (128.238 - 11.22)	+	(157.862 - 9.813) )	/ 2 )
	=	-1.31	/	( (117.018	+	148.049)	/ 2 )
	=	-1.31	/	132.5335
	=	-0.99 %

Black Cat Syndicate's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-14.89	/	( ( (157.862 - 9.813)	+	(246.337 - 15.7) )	/ 2 )
	=	-14.89	/	( ( 148.049	+	230.637 )	/ 2 )
	=	-14.89	/	189.343
	=	-7.86 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Black Cat Syndicate (ASX:BC8) 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.

Black Cat Syndicate ROCE % Related Terms

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Black Cat Syndicate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Cat Syndicate Ltd (ASX:BC8) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

52 Kings Park Road, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.blackcatsyndicate.com.au

Black Cat Syndicate Ltd is a mining company. It focuses on the exploration and development of the goldfield project. The company is engaged in the exploration and development of the Bulong Gold Field project located to the east of Kalgoorlie. The company is organized into two operating segments, being mine development assets and exploration and evaluation assets, all conducted within Western Australia. The company's project includes Kal East Gold project, Coyote Gold Operation, Paulsens Gold Operation.

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