Core Energy Minerals (ASX:CR3) ROCE % : -85.39% (As of Dec. 2024)

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What is Core Energy Minerals 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. Core Energy Minerals's annualized ROCE % for the quarter that ended in Dec. 2024 was -85.39%.

Core Energy Minerals ROCE % Historical Data

The historical data trend for Core Energy Minerals'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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Core Energy Minerals ROCE % Chart

Core Energy Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-206.15

-52.10

-78.76

-11.12

-156.49

Core Energy Minerals 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															-11.71	-10.66	-35.39	-294.27	-85.39

Core Energy Minerals ROCE % Calculation

Core Energy Minerals'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 )
	=	-5.596	/	( ( (7.97 - 1.366)	+	(3.655 - 3.107) )	/ 2 )
	=	-5.596	/	( (6.604	+	0.548)	/ 2 )
	=	-5.596	/	3.576
	=	-156.49 %

Core Energy Minerals'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 )
	=	-1.274	/	( ( (3.655 - 3.107)	+	(3.508 - 1.072) )	/ 2 )
	=	-1.274	/	( ( 0.548	+	2.436 )	/ 2 )
	=	-1.274	/	1.492
	=	-85.39 %

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

Core Energy Minerals (ASX:CR3) 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.

Core Energy Minerals ROCE % Related Terms

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Core Energy Minerals Business Description

Industry

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F1S0:Germany

Address

32 Harrogate Street, Unit 3, West Leederville, Perth, WA, AUS, 6007

Website

https://www.coreenergyminerals.com.au

Core Energy Minerals Ltd is an exploration and development company with a high-potential asset portfolio diversified across commodity and safe, stable jurisdictions. The Company's assets include: Brazilian Uranium & Rare Earth Projects which comprise ~800km of prospective ground across Paraiba, Parana, Goias and Rio Grande so Sul, Brazil. Namibian Uranium Projects which comprise 100 percent acquired interest of two Uranium projects within the prospective Erongo region: Gemsbok (EPL9725) and Oryx (EPL9652). Graphite South Australia Project comprises high-grade ultra-fine flake graphite with 95.6 percent result fixed carbon content within a combined area of 1,520km on the Western Eyre Peninsula.

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