D2 Lithium (FRA:C2U) ROCE % : 0.00% (As of Aug. 2024)

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What is D2 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. D2 Lithium's annualized ROCE % for the quarter that ended in Aug. 2024 was 0.00%.

D2 Lithium ROCE % Historical Data

The historical data trend for D2 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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D2 Lithium ROCE % Chart

D2 Lithium Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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-8.33

-24.53

-9.74

-575.09

-42.98

D2 Lithium Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial															-14.18	-130.81	-1,980.44	-	-

D2 Lithium ROCE % Calculation

D2 Lithium's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.973	/	( ( (3.681 - 0.814)	+	(2.777 - 1.116) )	/ 2 )
	=	-0.973	/	( (2.867	+	1.661)	/ 2 )
	=	-0.973	/	2.264
	=	-42.98 %

D2 Lithium's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	0.58	/	( ( (0.572 - 1.314)	+	(0.521 - 1.091) )	/ 2 )
	=	0.58	/	( ( -0.742	+	-0.57 )	/ 2 )
	=	0.58	/	-0.656
	=	0 %

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

D2 Lithium (FRA:C2U) 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.

D2 Lithium ROCE % Related Terms

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D2 Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » D2 Lithium Corp (FRA:C2U) » Definitions » ROCE %

Comparable Companies

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DTWOF:USA C2U:Germany DTWO:Canada

Address

8661 – 201 Street, Suite 202, Langley, BC, CAN, V2Y 0G9

Website

https://www.heliosx.ca

D2 Lithium Corp is a resource exploration company. The company is engaged in the business of acquiring and developing mineral properties. Its projects include the Teels Marsh Lithium project, Alkali Lake Lithium Project, and Salinas Grandes. Geographically, it operates in Canada, Argentina, and the United States. It has one business segment, mineral exploration.

D2 Lithium Headlines

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