LIMFF (Li-Metal) ROCE % : 7.32% (As of Dec. 2024)

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What is Li-Metal 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. Li-Metal's annualized ROCE % for the quarter that ended in Dec. 2024 was 7.32%.

Li-Metal ROCE % Historical Data

The historical data trend for Li-Metal'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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Li-Metal ROCE % Chart

Li-Metal Annual Data

Trend

Dec20

Mar22

Mar23

Mar24

ROCE %

-84.21

-121.80

-56.19

-122.84

Li-Metal Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial									-209.60	-84.20	-54.76	339.54	7.32

Li-Metal ROCE % Calculation

Li-Metal's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-9.889	/	( ( (12.374 - 1.249)	+	(5.624 - 0.649) )	/ 2 )
	=	-9.889	/	( (11.125	+	4.975)	/ 2 )
	=	-9.889	/	8.05
	=	-122.84 %

Li-Metal'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 )
	=	0.824	/	( ( (12.035 - 0.503)	+	(11.287 - 0.307) )	/ 2 )
	=	0.824	/	( ( 11.532	+	10.98 )	/ 2 )
	=	0.824	/	11.256
	=	7.32 %

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

Li-Metal (OTCPK:LIMFF) 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.

Li-Metal ROCE % Related Terms

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Li-Metal Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-Metal Corp (OTCPK:LIMFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Riviera Drive, Markham, ON, CAN, L3R 5M1

Website

https://li-metal.com

Li-Metal Corp is a Canada-based company developing lithium metal and anode technologies to provide a low-cost and environmentally friendly solution for next-generation lithium batteries. The company's geographic segments include Canada and the US.