Lindian Resources (ASX:LIN) ROCE % : -17.71% (As of Dec. 2024)

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What is Lindian Resources 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. Lindian Resources's annualized ROCE % for the quarter that ended in Dec. 2024 was -17.71%.

Lindian Resources ROCE % Historical Data

The historical data trend for Lindian 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.

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Lindian Resources ROCE % Chart

Lindian Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-114.39

-40.66

-19.39

-23.06

-8.78

Lindian Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-34.90	-11.12	-9.44	-6.27	-17.71

Lindian Resources ROCE % Calculation

Lindian 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 )
	=	-5.549	/	( ( (64.296 - 16.197)	+	(79.134 - 0.825) )	/ 2 )
	=	-5.549	/	( (48.099	+	78.309)	/ 2 )
	=	-5.549	/	63.204
	=	-8.78 %

Lindian 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 )
	=	-13.744	/	( ( (79.134 - 0.825)	+	(77.657 - 0.777) )	/ 2 )
	=	-13.744	/	( ( 78.309	+	76.88 )	/ 2 )
	=	-13.744	/	77.5945
	=	-17.71 %

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

Lindian Resources (ASX:LIN) 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.

Lindian Resources ROCE % Related Terms

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Lindian Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lindian Resources Ltd (ASX:LIN) » Definitions » ROCE %

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LINIF:USA

Address

240 St Georges Terrace, Level 15, Perth, WA, AUS, 6000

Website

https://www.lindianresources.com.au

Lindian Resources Ltd is an Australia-based mineral exploration company. The group focuses on exploring and developing critical resources, including rare earths and bauxite, which are essential for modern technologies. This includes electric vehicles (EVs), electronic infrastructure, solar panels, rechargeable batteries, wind turbines, medical imaging equipment, and various manufacturing processes. Lindian's Kangankunde Rare Earths Project is a rare earth resource with the potential for size, grade, and quality. It also holds interests in other projects such as the Lelouma, Woula, and Gaoual projects in Guinea; and the Lushoto, Pare, and Uyowa projects in Tanzania. Geographically, the company operates in Australia which derives maximum revenue, Tanzania, Guinea, and Malawi.