G50 (ASX:G50) ROCE % : -11.39% (As of Dec. 2024)

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What is G50 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. G50's annualized ROCE % for the quarter that ended in Dec. 2024 was -11.39%.

G50 ROCE % Historical Data

The historical data trend for G50'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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G50 ROCE % Chart

G50 Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

-18.72

-23.26

-18.09

G50 Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-16.13	-30.72	-22.28	-14.62	-11.39

G50 ROCE % Calculation

G50'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 )
	=	-1.869	/	( ( (10.182 - 0.337)	+	(11.225 - 0.406) )	/ 2 )
	=	-1.869	/	( (9.845	+	10.819)	/ 2 )
	=	-1.869	/	10.332
	=	-18.09 %

G50'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 )
	=	-1.488	/	( ( (11.225 - 0.406)	+	(15.628 - 0.317) )	/ 2 )
	=	-1.488	/	( ( 10.819	+	15.311 )	/ 2 )
	=	-1.488	/	13.065
	=	-11.39 %

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

G50 (ASX:G50) 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.

G50 ROCE % Related Terms

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G50 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G50 Corp Ltd (ASX:G50) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

213 Miller Street, Suite 1601, Level 16, North Sydney, NSW, AUS, 2060

Website

https://www.g50corp.com

G50 Corp Ltd is a mineral exploration and mining company focused on gold and silver projects. Some of its projects are the Golconda Project and White Caps, NV.

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