Latitude 66 (ASX:LAT) ROCE %: 49.09% (As of Dec. 2025)


What is Latitude 66 ROCE %?

Latitude 66 ASX:LAT ROCE % is 49.09% as of Dec. 2025. The stock has 2 warning signs investors should review.

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. Latitude 66's annualized ROCE % for the quarter that ended in Dec. 2025 was 49.09%.

Latitude 66  (ASX:LAT) 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.

Latitude 66 ROCE % Related Terms

Latitude 66 ROCE % Historical Data

* Premium members only.

The historical data trend for Latitude 66'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.

Latitude 66 ROCE % Chart

Latitude 66 Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.27 -17.03 -9.24 -12.13 -58.40

Latitude 66 Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.39 -13.55 -31.21 -86.55 49.09

Latitude 66 ROCE % Calculation

Latitude 66's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-13.25/( ( (30.005 - 1.822) + (17.897 - 0.701) )/ 2 )
=-13.25/( (28.183+17.196)/ 2 )
=-13.25/22.6895
=-58.40 %

Latitude 66's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=9.7/( ( (17.897 - 0.701) + (23.063 - 0.737) )/ 2 )
=9.7/( ( 17.196 + 22.326 )/ 2 )
=9.7/19.761
=49.09 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 49.09% mean?
Latitude 66 (ASX:LAT) has a ROCE % of 49.09% as of Dec. 2025.
Is Latitude 66's ROCE % too high?
Latitude 66's current ROCE % is 49.09%.
How does Latitude 66's ROCE % compare to NEM and AU?
Latitude 66's ROCE % of 49.09% 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. Latitude 66's current ROCE % is 49.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latitude 66 stock overvalued right now?
Latitude 66 (ASX:LAT) has a current ROCE % of 49.09%. The current ROCE % is 49.09%. 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 Latitude 66 (ASX:LAT), the current ROCE % is 49.09% as of Dec. 2025. 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.

Latitude 66 Business Description

Address Level 2, 25 Richardson Street, West Perth, Perth, WA, AUS, 6005
Latitude 66 Ltd is engaged in development and exploration projects providing exposure to gold and critical minerals in safe mining jurisdictions in Finland and Australia. Its project include Kuusamo Schist Belt, Greater Duchess JV, Sylvania Project and Edjudina Project.