IAALF (IBC Advanced Alloys) ROCE % : -7.71% (As of Sep. 2024)

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What is IBC Advanced Alloys 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. IBC Advanced Alloys's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.71%.

IBC Advanced Alloys ROCE % Historical Data

The historical data trend for IBC Advanced Alloys'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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IBC Advanced Alloys ROCE % Chart

IBC Advanced Alloys Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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0.11

-2.16

4.21

31.51

25.20

IBC Advanced Alloys Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-8.99	102.56	142.52	-57.42	-7.71

IBC Advanced Alloys ROCE % Calculation

IBC Advanced Alloys's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	2.065	/	( ( (28.319 - 22.392)	+	(24.537 - 14.073) )	/ 2 )
	=	2.065	/	( (5.927	+	10.464)	/ 2 )
	=	2.065	/	8.1955
	=	25.20 %

IBC Advanced Alloys's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.744	/	( ( (24.537 - 14.073)	+	(21.655 - 12.81) )	/ 2 )
	=	-0.744	/	( ( 10.464	+	8.845 )	/ 2 )
	=	-0.744	/	9.6545
	=	-7.71 %

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

IBC Advanced Alloys (OTCPK:IAALF) 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.

IBC Advanced Alloys ROCE % Related Terms

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IBC Advanced Alloys Business Description

Industry

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IB:Canada

Address

401 Arvin Road, Franklin, IN, USA, 46131-1549

Website

https://www.ibcadvancedalloys.com

IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its product profile includes Beryllium Products, Beryllium Master Alloys, Thermal Mold Super, Copper Alloy Products, Copper Alloy Fabricated Shapes and Tolling Services, and Metallurgical Consulting. It operates through two reportable segments namely Copper Alloys and Corporate. The company generates the majority of its revenue from Copper Alloys.