MetalsTech (FRA:MT1) ROCE % : -55.13% (As of Dec. 2023)

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What is MetalsTech 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. MetalsTech's annualized ROCE % for the quarter that ended in Dec. 2023 was -55.13%.

MetalsTech ROCE % Historical Data

The historical data trend for MetalsTech'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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MetalsTech ROCE % Chart

MetalsTech Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-42.63

-70.89

-68.49

-77.82

-94.65

MetalsTech Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial									-102.55	-35.74	-46.88	-125.91	-55.13

MetalsTech ROCE % Calculation

MetalsTech'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 )
	=	-4.023	/	( ( (4.795 - 0.671)	+	(5.055 - 0.678) )	/ 2 )
	=	-4.023	/	( (4.124	+	4.377)	/ 2 )
	=	-4.023	/	4.2505
	=	-94.65 %

MetalsTech'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 )
	=	-2.258	/	( ( (5.055 - 0.678)	+	(5.585 - 1.77) )	/ 2 )
	=	-2.258	/	( ( 4.377	+	3.815 )	/ 2 )
	=	-2.258	/	4.096
	=	-55.13 %

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

MetalsTech (FRA:MT1) 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.

MetalsTech ROCE % Related Terms

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MetalsTech (FRA:MT1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MetalsTech Ltd (FRA:MT1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MTC:Australia

Address

44 Denis Street, Unit 1, Subiaco, Perth, WA, AUS, 6008

Website

https://www.metalstech.net

MetalsTech Ltd is a lithium, Cobalt and Gold exploration company. Its portfolio of projects includes Sturec Gold project, Slovakia, Cancet Lithium project, Canada, Sirmac-Clapier Lithium project, Canada and others.

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