OWRDF (One World Lithium) ROCE % : 0.00% (As of Sep. 2024)

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What is One World Lithium 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. One World Lithium's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

One World Lithium ROCE % Historical Data

The historical data trend for One World Lithium'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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One World Lithium ROCE % Chart

One World Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-162.92

-133.85

-1,490.85

One World Lithium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

One World Lithium ROCE % Calculation

One World Lithium'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 )
	=	-1.177	/	( ( (0.251 - 0.516)	+	(0.038 - 1.152) )	/ 2 )
	=	-1.177	/	( (-0.265	+	-1.114)	/ 2 )
	=	-1.177	/	-0.6895
	=	170.70 %

One World Lithium's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.7	/	( ( (0.018 - 1.477)	+	(0.054 - 1.507) )	/ 2 )
	=	-0.7	/	( ( -1.459	+	-1.453 )	/ 2 )
	=	-0.7	/	-1.456
	=	0 %

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

One World Lithium (OTCPK:OWRDF) 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.

One World Lithium ROCE % Related Terms

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One World Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » One World Lithium Inc (OTCPK:OWRDF) » Definitions » ROCE %

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OWLI:Canada

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

http://www.oneworldlithium.com

One World Lithium Inc is an exploration company. It is mainly engaged in the acquisition, exploration, and development of lithium resource properties and a new potential lithium separation extraction technology. The company is focused on properties that contain lithium carbonate in brine and commercial application of the DOE's separation technology. The DOE patent is an advanced direct lithium extraction (DLE) process for the extraction of lithium from natural brines.