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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.

* Premium members only.

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -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.

* 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.


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

Traded in Other Exchanges
N/A
Address
90 Riviera Drive, Markham, ON, CAN, L3R 5M1
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.