POWR Lithium (STU:6JX) ROCE % : -150.68% (As of Feb. 2024)

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What is POWR 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. POWR Lithium's annualized ROCE % for the quarter that ended in Feb. 2024 was -150.68%.

POWR Lithium ROCE % Historical Data

The historical data trend for POWR 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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POWR Lithium ROCE % Chart

POWR Lithium Annual Data

Trend

Aug21

Aug22

Aug23

ROCE %

-138.93

-86.39

POWR Lithium Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial							-157.88	-46.20	-69.15	-238.01	-150.68

POWR Lithium ROCE % Calculation

POWR Lithium's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-1.32	/	( ( (1.91 - 0.156)	+	(1.752 - 0.45) )	/ 2 )
	=	-1.32	/	( (1.754	+	1.302)	/ 2 )
	=	-1.32	/	1.528
	=	-86.39 %

POWR Lithium's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-2.896	/	( ( (2.528 - 0.415)	+	(1.888 - 0.157) )	/ 2 )
	=	-2.896	/	( ( 2.113	+	1.731 )	/ 2 )
	=	-2.896	/	1.922
	=	-150.68 %

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

POWR Lithium (STU:6JX) 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.

POWR Lithium ROCE % Related Terms

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POWR Lithium (STU:6JX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » POWR Lithium Corp (STU:6JX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PWRLF:USA 6JX:Germany POWR:Canada

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.powrlithium.com

POWR Lithium Corp is a new mineral exploration and development company focused on American lithium deposits to support domestic demand. It is predominantly engaged in the business of mineral exploration and the development of the ELi Property and the Halo Project.

POWR Lithium (STU:6JX) Headlines

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