GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglogold Ashanti PLC (JSE:ANG) » Definitions » ROCE %

Anglogold Ashanti (JSE:ANG) ROCE % : 31.69% (As of Dec. 2024)


View and export this data going back to 1944. Start your Free Trial

What is Anglogold Ashanti 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. Anglogold Ashanti's annualized ROCE % for the quarter that ended in Dec. 2024 was 31.69%.


Anglogold Ashanti ROCE % Historical Data

The historical data trend for Anglogold Ashanti'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.

Anglogold Ashanti ROCE % Chart

Anglogold Ashanti Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.69 15.69 8.93 3.15 19.72

Anglogold Ashanti Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 -6.79 10.44 25.74 23.44 31.69

Anglogold Ashanti ROCE % Calculation

Anglogold Ashanti's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=33503.27/( ( (152323.14 - 22452.524) + (236162.527 - 26234.208) )/ 2 )
=33503.27/( (129870.616+209928.319)/ 2 )
=33503.27/169899.4675
=19.72 %

Anglogold Ashanti's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=53853/( ( (154851.835 - 24896.642) + (236162.527 - 26234.208) )/ 2 )
=53853/( ( 129955.193 + 209928.319 )/ 2 )
=53853/169941.756
=31.69 %

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


Anglogold Ashanti  (JSE:ANG) 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.


Anglogold Ashanti ROCE % Related Terms

Thank you for viewing the detailed overview of Anglogold Ashanti's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anglogold Ashanti Business Description

Traded in Other Exchanges
Address
6363 S Fiddlers Green, Greenwood Village, Denver, CO, USA, 80111
Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from the Africa region which includes its operations of the Kibali, Iduapriem, Obuasi, Siguiri, and Geita mines.

Anglogold Ashanti Headlines

No Headlines