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GTRIF (GTI Energy) ROCE % : -5.41% (As of Jun. 2024)


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What is GTI Energy 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. GTI Energy's annualized ROCE % for the quarter that ended in Jun. 2024 was -5.41%.

GTI Energy ROCE % Historical Data

The historical data trend for GTI Energy'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.

* Premium members only.

GTI Energy ROCE % Chart

GTI Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -43.84 -42.52 -12.33 -9.83 -7.86

GTI Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.94 -7.45 -8.74 -6.34 -5.41

GTI Energy ROCE % Calculation

GTI Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.165/( ( (14.679 - 0.439) + (15.767 - 0.381) )/ 2 )
=-1.165/( (14.24+15.386)/ 2 )
=-1.165/14.813
=-7.86 %

GTI Energy's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-0.86/( ( (15.767 - 0.381) + (16.684 - 0.301) )/ 2 )
=-0.86/( ( 15.386 + 16.383 )/ 2 )
=-0.86/15.8845
=-5.41 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

* 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.

GTI Energy  (OTCPK:GTRIF) 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.

GTI Energy ROCE % Related Terms

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GTI Energy Business Description

Industry
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Traded in Other Exchanges
GTR:Australia
Address
333 C Charles Street, PO Box Z5187, North Perth, WA, AUS, 6006
Website
https://www.gtienergy.au
GTI Energy Ltd is engaged in exploring mineral tenements in Wyoming & Utah (United States) and Western Australia. The company's project portfolio includes; Lo Herma ISR Uranium Project, Great Divide Basin & Green Mountain ISR Uranium, and the Henry Mountains Uranium & Vanadium project. Its reportable segments include; Uranium and Vanadium projects, in Utah, United States; and Uranium projects, in Wyoming, United States.