Charger Metals NL (ASX:CHR) ROCE % : -31.58% (As of Dec. 2024)

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What is Charger Metals NL 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. Charger Metals NL's annualized ROCE % for the quarter that ended in Dec. 2024 was -31.58%.

Charger Metals NL ROCE % Historical Data

The historical data trend for Charger Metals NL'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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Charger Metals NL ROCE % Chart

Charger Metals NL Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

-23.21

-17.19

-19.35

Charger Metals NL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-13.28	-17.45	-17.83	-19.72	-31.58

Charger Metals NL ROCE % Calculation

Charger Metals NL'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 )
	=	-2.375	/	( ( (12.044 - 0.799)	+	(13.74 - 0.437) )	/ 2 )
	=	-2.375	/	( (11.245	+	13.303)	/ 2 )
	=	-2.375	/	12.274
	=	-19.35 %

Charger Metals NL'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 )
	=	-4.018	/	( ( (13.74 - 0.437)	+	(12.65 - 0.506) )	/ 2 )
	=	-4.018	/	( ( 13.303	+	12.144 )	/ 2 )
	=	-4.018	/	12.7235
	=	-31.58 %

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

Charger Metals NL (ASX:CHR) 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.

Charger Metals NL ROCE % Related Terms

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Charger Metals NL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Charger Metals NL (ASX:CHR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Railway Road, Unit 32/33, Level 3, Subaico, Perth, WA, AUS, 6008

Website

https://www.chargermetals.com.au

Charger Metals NL is a minerals company focusing on lithium and other base metals across its projects in Western Australia and the Northern Territory. Its projects includes Lake Johnston, Bynoe, and Coates projects.