Focus Graphite (Focus Graphite) ROCE % : -4.21% (As of Mar. 2024)

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What is Focus Graphite 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. Focus Graphite's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.21%.

Focus Graphite ROCE % Historical Data

The historical data trend for Focus Graphite'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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Focus Graphite ROCE % Chart

Focus Graphite Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

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-14.50

-20.66

-15.34

-15.95

-6.16

Focus Graphite Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-7.09	-5.79	-3.62	-5.73	-4.21

Focus Graphite ROCE % Calculation

Focus Graphite's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-1.548	/	( ( (29.871 - 4.519)	+	(28.73 - 3.809) )	/ 2 )
	=	-1.548	/	( (25.352	+	24.921)	/ 2 )
	=	-1.548	/	25.1365
	=	-6.16 %

Focus Graphite's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.056	/	( ( (29.469 - 4.135)	+	(28.723 - 3.948) )	/ 2 )
	=	-1.056	/	( ( 25.334	+	24.775 )	/ 2 )
	=	-1.056	/	25.0545
	=	-4.21 %

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

Focus Graphite (OTCPK:FCSMF) 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.

Focus Graphite ROCE % Related Terms

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Focus Graphite (Focus Graphite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Focus Graphite Inc (OTCPK:FCSMF) » Definitions » ROCE %

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FKC0:Germany FMS:Canada

Address

945 Princess Street, Kingston, ON, CAN, K7L 0E9

Website

https://www.focusgraphite.com

Focus Graphite Inc is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral properties in Canada. Its projects include Lac Knife; Lac Tetepisca graphite and Lac Guinecourt graphite property.