Carawine Resources (ASX:CWX) ROCE %: -11.14% (As of Dec. 2024)


ASX:CWX Carawine Resources Ltd ASX:CWX
9 GF Score
Price A$0.11
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What is Carawine Resources ROCE %?

Carawine Resources ASX:CWX 9 ROCE % is -11.14% as of Dec. 2024. GuruFocus rates ASX:CWX with a GF Score™ of 9/100.

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. Carawine Resources's annualized ROCE % for the quarter that ended in Dec. 2024 was -11.14%.

Carawine Resources  (ASX:CWX) 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.

Carawine Resources ROCE % Related Terms

Carawine Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Carawine Resources'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.

Carawine Resources ROCE % Chart

Carawine Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial -10.89 -10.16 -5.22 -4.80 -7.83

Carawine Resources Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.00 -5.19 -4.05 -11.14 -4.79
ASX:CWX
9GF Score
Carawine Resources Ltd ASX:CWX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Carawine Resources ROCE % Calculation

Carawine Resources'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 )
=-1.116/( ( (22.505 - 0.824) + (25.687 - 0.893) )/ 2 )
=-1.116/( (21.681+24.794)/ 2 )
=-1.116/23.2375
=-4.80 %

Carawine Resources'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 )
=-2.686/( ( (25.687 - 0.893) + (23.952 - 0.507) )/ 2 )
=-2.686/( ( 24.794 + 23.445 )/ 2 )
=-2.686/24.1195
=-11.14 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -11.14% mean?
Carawine Resources (ASX:CWX) has a ROCE % of -11.14% as of Dec. 2024.
Is Carawine Resources' ROCE % too high?
Carawine Resources' current ROCE % is -11.14%. Overall, Carawine Resources has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Carawine Resources' ROCE % compare to competitors?
Carawine Resources' ROCE % of -11.14% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Carawine Resources's current ROCE % is -11.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carawine Resources stock overvalued right now?
Carawine Resources (ASX:CWX) has a current ROCE % of -11.14%. The current ROCE % is -11.14%. Carawine Resources' overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Carawine Resources (ASX:CWX), the current ROCE % is -11.14% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Carawine Resources Business Description

Address 18 Kings Park Road, Level 1, West Perth, WA, AUS, 6005
Carawine Resources Ltd is a mineral exploration company. It focuses on the exploration and development of gold, copper, cobalt, and base metal within Western Australia and Victoria. The company has five exploration projects: the Jamieson project, Tropicana North Project, Oakover project, Paterson project, and Fraser Range project.
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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