Resouro Strategic Metals (ASX:RAU) ROCE % : -62.09% (As of Dec. 2024)

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What is Resouro Strategic Metals 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. Resouro Strategic Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -62.09%.

Resouro Strategic Metals ROCE % Historical Data

The historical data trend for Resouro Strategic Metals'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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Resouro Strategic Metals ROCE % Chart

Resouro Strategic Metals Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-6,389.54

-108.35

Resouro Strategic Metals Quarterly Data
	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial								-184.36	-56.73	-85.72	-71.12	-62.09

Resouro Strategic Metals ROCE % Calculation

Resouro Strategic Metals's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-4.166	/	( ( (1.284 - 1.227)	+	(8.838 - 1.205) )	/ 2 )
	=	-4.166	/	( (0.057	+	7.633)	/ 2 )
	=	-4.166	/	3.845
	=	-108.35 %

Resouro Strategic Metals'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-6.308	/	( ( (11.162 - 0.418)	+	(9.807 - 0.231) )	/ 2 )
	=	-6.308	/	( ( 10.744	+	9.576 )	/ 2 )
	=	-6.308	/	10.16
	=	-62.09 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Resouro Strategic Metals (ASX:RAU) 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.

Resouro Strategic Metals ROCE % Related Terms

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Resouro Strategic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resouro Strategic Metals Inc (ASX:RAU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RSGOF:USA 8TX:Germany RSM:Canada

Address

200 Burrard Street, Suite 1200, Vancouver, BC, CAN, V7X 1T2

Website

https://www.resouro.com

Resouro Strategic Metals Inc is engaged in the exploration and development of gold. The company is focused on the discovery and advancement of economic mineral projects in Brazil, including the Novo Mundo Gold Project in Mato Grosso, and the Tiros Titanium-REE Project in Minas Gerais.

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