Core Lithium (Core Lithium) ROCE % : 0.00% (As of Dec. 2014)

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What is Core Lithium 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 Lithium's annualized ROCE % for the quarter that ended in Dec. 2014 was 0.00%.

Core Lithium ROCE % Historical Data

The historical data trend for Core Lithium'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 Lithium ROCE % Chart

Core Lithium Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

ROCE %

2.03

39.14

10.15

7.86

Core Lithium Quarterly Data
	Mar11	Sep11	Dec11	Mar12	Sep12	Dec12	Mar13	Sep13	Dec13	Dec14
ROCE %	Get a 7-Day Free Trial					115.88	25.74	-	4.27	-

Core Lithium ROCE % Calculation

Core Lithium's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	0.253	/	( ( (3.351 - 0)	+	(3.129 - 0.042) )	/ 2 )
	=	0.253	/	( (3.351	+	3.087)	/ 2 )
	=	0.253	/	3.219
	=	7.86 %

Core Lithium's ROCE % of for the quarter that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2014 )		(Q: Dec. 2013 )		(Q: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2014 )		(Q: Dec. 2013 )		(Q: Dec. 2014 )
	=	0	/	( ( (3.351 - 0)	+	(3.129 - 0.042) )	/ 2 )
	=	0	/	( ( 3.351	+	3.087 )	/ 2 )
	=	0	/	3.219
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2014) EBIT data.

Core Lithium (GREY:CORX) 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 Lithium ROCE % Related Terms

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Core Lithium (Core Lithium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Core Lithium Corp (GREY:CORX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 East Fifth Street, 15th Floor, PMB No121, Cincinnati, OH, USA, 45202

Website

http://www.corelithium.com

Core Lithium Corp is a United States based development stage company. It is engaged in the business of exploration, mining, and development of prospective Lithium assets in North America.

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