KMCM (Key Mining Holdings) ROCE %: -57.13% (As of Dec. 2023)


What is Key Mining Holdings ROCE %?

Key Mining Holdings KMCM ROCE % is -57.13% as of Dec. 2023.

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. Key Mining Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -57.13%.

Key Mining Holdings  (NAS:KMCM) 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.

Key Mining Holdings ROCE % Related Terms

Key Mining Holdings ROCE % Historical Data

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The historical data trend for Key Mining Holdings'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.

Key Mining Holdings ROCE % Chart

Key Mining Holdings Annual Data
Trend Dec21 Dec22 Dec23
ROCE %
-148.52 -111.78 -94.25

Key Mining Holdings Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial 0.00 -57.21 -119.50 -82.44 -57.13

Key Mining Holdings ROCE % Calculation

Key Mining Holdings'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 )
=-4.884/( ( (3.693 - 0.064) + (6.98 - 0.245) )/ 2 )
=-4.884/( (3.629+6.735)/ 2 )
=-4.884/5.182
=-94.25 %

Key Mining Holdings'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 )
=-4.076/( ( (7.943 - 0.409) + (6.98 - 0.245) )/ 2 )
=-4.076/( ( 7.534 + 6.735 )/ 2 )
=-4.076/7.1345
=-57.13 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -57.13% mean?
Key Mining Holdings (KMCM) has a ROCE % of -57.13% as of Dec. 2023.
Is Key Mining Holdings' ROCE % too high?
Key Mining Holdings' current ROCE % is -57.13%.
How does Key Mining Holdings' ROCE % compare to ?
Key Mining Holdings' ROCE % of -57.13% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Key Mining Holdings's current ROCE % is -57.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Key Mining Holdings stock overvalued right now?
Key Mining Holdings (KMCM) has a current ROCE % of -57.13%. The current ROCE % is -57.13%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Key Mining Holdings (KMCM), the current ROCE % is -57.13% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Key Mining Holdings Business Description

Comparable Companies
Address 701 Brickell Avenue, Suite 1550, Miami, FL, USA, 33131
Key Mining Holdings Corp is a critical minerals and infrastructure company with a portfolio of exploration-stage mineral project and a regional water desalination project. Its flagship assets include the Cerro Blanco rutile project, capable of producing high-grade titanium dioxide (TiO), and a desalination plant under development in the Atacama Region of Chile, intended to supply water to regional mining, agricultural, and community users.