Critical Minerals Group (ASX:CMG) ROCE % : -64.12% (As of Dec. 2024)

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What is Critical Minerals Group 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. Critical Minerals Group's annualized ROCE % for the quarter that ended in Dec. 2024 was -64.12%.

Critical Minerals Group ROCE % Historical Data

The historical data trend for Critical Minerals Group'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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Critical Minerals Group ROCE % Chart

Critical Minerals Group Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

-89.84

-54.19

Critical Minerals Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-79.92	-37.28	-63.20	-60.57	-64.12

Critical Minerals Group ROCE % Calculation

Critical Minerals Group'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 )
	=	-1.796	/	( ( (3.545 - 0.147)	+	(3.824 - 0.593) )	/ 2 )
	=	-1.796	/	( (3.398	+	3.231)	/ 2 )
	=	-1.796	/	3.3145
	=	-54.19 %

Critical Minerals Group'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 )
	=	-2.934	/	( ( (3.824 - 0.593)	+	(6.454 - 0.533) )	/ 2 )
	=	-2.934	/	( ( 3.231	+	5.921 )	/ 2 )
	=	-2.934	/	4.576
	=	-64.12 %

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

Critical Minerals Group (ASX:CMG) 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.

Critical Minerals Group ROCE % Related Terms

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Critical Minerals Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critical Minerals Group Ltd (ASX:CMG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Eagle Street, Level 4, Gold Tower, Brisbane, QLD, AUS, 4000

Website

https://www.criticalmineralsgroup.com.au

Critical Minerals Group Ltd is a mineral exploration company seeking to explore and develop prospective critical minerals projects. The company holds interest in Lindfield Project, Figtree Creek Project, Whinmoor Project, Lara Downs Project, Lorena Surrounds Project, and others. The Group is into one operating segment, mining and exploration operations Geographically, it operates in Australia.