Impala Platinum Holdings (FRA:IPH1) ROCE % : 3.22% (As of Dec. 2023)

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What is Impala Platinum Holdings 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. Impala Platinum Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.22%.

Impala Platinum Holdings ROCE % Historical Data

The historical data trend for Impala Platinum Holdings'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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Impala Platinum Holdings ROCE % Chart

Impala Platinum Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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7.63

32.09

75.78

36.74

6.30

Impala Platinum Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															33.88	39.32	26.91	-12.74	3.22

Impala Platinum Holdings ROCE % Calculation

Impala Platinum Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	498.312	/	( ( (9336.953 - 992.216)	+	(8340.621 - 870.175) )	/ 2 )
	=	498.312	/	( (8344.737	+	7470.446)	/ 2 )
	=	498.312	/	7907.5915
	=	6.30 %

Impala Platinum Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	228.944	/	( ( (8340.621 - 870.175)	+	(7516.203 - 749.583) )	/ 2 )
	=	228.944	/	( ( 7470.446	+	6766.62 )	/ 2 )
	=	228.944	/	7118.533
	=	3.22 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Impala Platinum Holdings (FRA:IPH1) 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.

Impala Platinum Holdings ROCE % Related Terms

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Impala Platinum Holdings (FRA:IPH1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Impala Platinum Holdings Ltd (FRA:IPH1) » Definitions » ROCE %

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Traded in Other Exchanges

IMP:South Africa IMPUY:USA IMPUF:USA IPHB:Germany

Address

2 Fricker Road, Illovo, Johannesburg, GT, ZAF, 2196

Website

https://www.implats.co.za

Impala Platinum Holdings Ltd is one of the world's largest producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa, and is one of the largest platinum-group-metal-bearing ore bodies in the world. The Impala operation comprises a 10-shaft mining complex and concentrating and smelting plants.

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