First America Resources (First America Resources) ROCE % : 0.00% (As of Dec. 2023)

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What is First America Resources 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. First America Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

First America Resources ROCE % Historical Data

The historical data trend for First America Resources'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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First America Resources ROCE % Chart

First America Resources Annual Data

Trend

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ROCE %

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First America Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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First America Resources ROCE % Calculation

First America Resources'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 )
	=	-0.019	/	( ( (0.016 - 0.229)	+	(0.097 - 0) )	/ 2 )
	=	-0.019	/	( (-0.213	+	0.097)	/ 2 )
	=	-0.019	/	-0.058
	=	32.76 %

First America Resources'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.044	/	( ( (0.087 - 0.232)	+	(0.075 - 0.232) )	/ 2 )
	=	-0.044	/	( ( -0.145	+	-0.157 )	/ 2 )
	=	-0.044	/	-0.151
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

First America Resources (OTCPK:FSTJ) 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.

First America Resources ROCE % Related Terms

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First America Resources (First America Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » First America Resources Corp (OTCPK:FSTJ) » Definitions » ROCE %

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Address

1000 East Armstrong Street, Morris, IL, USA, 60450

Website

http://www.firstamericametal.com

First America Resources Corp is a real estate company. The company's business model is to offer real estate and trading options to nascent battery technologies. The Company also intends to initially purchase already income-producing properties or properties that will produce rent income in a short period of time.

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