Kalium Lakes (ASX:KLL) ROCE % : -57.39% (As of Dec. 2022)

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What is Kalium Lakes 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. Kalium Lakes's annualized ROCE % for the quarter that ended in Dec. 2022 was -57.39%.

Kalium Lakes ROCE % Historical Data

The historical data trend for Kalium Lakes'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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Kalium Lakes ROCE % Chart

Kalium Lakes Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

ROCE %

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-136.37

-74.43

-18.35

-3.24

-8.04

Kalium Lakes Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
ROCE %	Get a 7-Day Free Trial								-4.04	-2.30	-6.05	-9.16	-57.39

Kalium Lakes ROCE % Calculation

Kalium Lakes's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	-27.027	/	( ( (327.896 - 15.155)	+	(365.634 - 6.197) )	/ 2 )
	=	-27.027	/	( (312.741	+	359.437)	/ 2 )
	=	-27.027	/	336.089
	=	-8.04 %

Kalium Lakes's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	-187.986	/	( ( (365.634 - 6.197)	+	(301.519 - 5.87) )	/ 2 )
	=	-187.986	/	( ( 359.437	+	295.649 )	/ 2 )
	=	-187.986	/	327.543
	=	-57.39 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Kalium Lakes (ASX:KLL) 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.

Kalium Lakes ROCE % Related Terms

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Kalium Lakes (ASX:KLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kalium Lakes Ltd (ASX:KLL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Balcatta Road, Unit 1, Balcatta, Perth, WA, AUS, 6021

Website

https://www.kaliumlakes.com.au

Kalium Lakes Ltd is a mineral exploration company. It is engaged in the exploration and development of Beyondie Potash Project in Western Australia. The firm also holds an interest in Carnegie Project.

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