Sabre Resources (ASX:SBR) ROCE % : -27.20% (As of Dec. 2024)

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What is Sabre 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. Sabre Resources's annualized ROCE % for the quarter that ended in Dec. 2024 was -27.20%.

Sabre Resources ROCE % Historical Data

The historical data trend for Sabre 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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Sabre Resources ROCE % Chart

Sabre Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-5.96

-26.61

-72.67

-13.85

-14.94

Sabre 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															-21.12	-6.40	-15.94	-13.08	-27.20

Sabre Resources ROCE % Calculation

Sabre 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 )
	=	-1.837	/	( ( (12.288 - 0.828)	+	(13.307 - 0.175) )	/ 2 )
	=	-1.837	/	( (11.46	+	13.132)	/ 2 )
	=	-1.837	/	12.296
	=	-14.94 %

Sabre 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 )
	=	-3.362	/	( ( (13.307 - 0.175)	+	(11.753 - 0.16) )	/ 2 )
	=	-3.362	/	( ( 13.132	+	11.593 )	/ 2 )
	=	-3.362	/	12.3625
	=	-27.20 %

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

Sabre Resources (ASX:SBR) 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.

Sabre Resources ROCE % Related Terms

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Sabre Resources Business Description

Industry

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

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Traded in Other Exchanges

SAL:Germany

Address

Level 1, 8 Parliament Place, West Perth, Perth, WA, AUS, 6005

Website

https://www.sabresources.com

Sabre Resources Ltd explores for and develops mineral properties. It explores copper, zinc, vanadium, silver, and other semi-precious metals. The Company also focuses on its Sherlock Bay Nickel-Copper-Cobalt Project in the northwest Pilbara region of Western Australia, The firm is managed on the basis of its development and exploration of minerals in the geographical regions of Australia and Namibia and drives key revenue from Australia.