Osmond Resources (ASX:OSM) ROCE % : -182.99% (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Osmond 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. Osmond Resources's annualized ROCE % for the quarter that ended in Dec. 2024 was -182.99%.

Osmond Resources ROCE % Historical Data

The historical data trend for Osmond 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.

* Premium members only.

Osmond Resources ROCE % Chart

Osmond Resources Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

-16.27

-16.38

-29.70

Osmond Resources Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial			-12.18	-21.73	-35.71	-21.61	-182.99

Osmond Resources ROCE % Calculation

Osmond 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 )
	=	-1.582	/	( ( (5.619 - 0.14)	+	(5.272 - 0.099) )	/ 2 )
	=	-1.582	/	( (5.479	+	5.173)	/ 2 )
	=	-1.582	/	5.326
	=	-29.70 %

Osmond 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 )
	=	-15.932	/	( ( (5.272 - 0.099)	+	(12.364 - 0.124) )	/ 2 )
	=	-15.932	/	( ( 5.173	+	12.24 )	/ 2 )
	=	-15.932	/	8.7065
	=	-182.99 %

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

Osmond Resources (ASX:OSM) 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.

Osmond Resources ROCE % Related Terms

Thank you for viewing the detailed overview of Osmond Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Osmond Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Collins Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.osmondresources.com.au

Osmond Resources Ltd is exploration and development focused on gold, base metals and Rare Earth discoveries. Its projects include Fowler Project, Yumbarra Project, Coorabie Shear Zone Project, Tallacootra Project, Iberian One Project and Orion EU Critical Minerals Project.

Osmond Resources Headlines

No Headlines