ACG Metals (LSE:ACG) ROCE % : -422.40% (As of Dec. 2022)

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What is ACG Metals 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. ACG Metals's annualized ROCE % for the quarter that ended in Dec. 2022 was -422.40%.

ACG Metals ROCE % Historical Data

The historical data trend for ACG Metals'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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ACG Metals ROCE % Chart

ACG Metals Annual Data

Trend

Jun22

ROCE %

-77.98

ACG Metals Semi-Annual Data
	Jun22	Dec22
ROCE %	-	-422.40

ACG Metals ROCE % Calculation

ACG Metals's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: . 20 )		(A: Jun. 2022 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

ACG Metals's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	-10.634	/	( ( (4.586 - 1.076)	+	(132.509 - 130.984) )	/ 2 )
	=	-10.634	/	( ( 3.51	+	1.525 )	/ 2 )
	=	-10.634	/	2.5175
	=	-422.40 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

ACG Metals (LSE:ACG) 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.

ACG Metals ROCE % Related Terms

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ACG Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ACG Metals Ltd (LSE:ACG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, VGB, VG1110

Website

https://www.acgcorp.co

ACG Metals Ltd operates in the metals industry, with the copper sector. It intends to become a supplier of copper and other critical metals to the western OEM supply chain, with ESG and carbon footprint characteristics.

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