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Mineral & Financial Investments (LSE:MAFL) ROCE % : 21.24% (As of Dec. 2024)


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What is Mineral & Financial Investments 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. Mineral & Financial Investments's annualized ROCE % for the quarter that ended in Dec. 2024 was 21.24%.


Mineral & Financial Investments ROCE % Historical Data

The historical data trend for Mineral & Financial Investments'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.

Mineral & Financial Investments ROCE % Chart

Mineral & Financial Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.95 -4.01 -5.73 -5.49 -4.17

Mineral & Financial Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 18.26 -26.71 13.45 -20.29 21.24

Mineral & Financial Investments ROCE % Calculation

Mineral & Financial Investments's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-0.441/( ( (9.746 - 0.204) + (11.803 - 0.205) )/ 2 )
=-0.441/( (9.542+11.598)/ 2 )
=-0.441/10.57
=-4.17 %

Mineral & Financial Investments'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: Jun. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=2.598/( ( (11.803 - 0.205) + (13.125 - 0.265) )/ 2 )
=2.598/( ( 11.598 + 12.86 )/ 2 )
=2.598/12.229
=21.24 %

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


Mineral & Financial Investments  (LSE:MAFL) 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.


Mineral & Financial Investments ROCE % Related Terms

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Mineral & Financial Investments Business Description

Traded in Other Exchanges
N/A
Address
One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Mineral & Financial Investments Ltd is an investment company, invests in natural resources, minerals, metals, and oil and gas projects. It invests in securities of quoted and unquoted companies and their assets, units in open-ended investment companies, exchange traded funds, physical commodities, derivatives, and other hybrid securities. In addition, the company focuses on providing capital for mining companies that require finance for their projects and also offer advisory services to its investee companies.

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