Kali Metals (STU:6OB) ROCE % : -15.01% (As of Dec. 2024)

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What is Kali 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. Kali Metals's annualized ROCE % for the quarter that ended in Dec. 2024 was -15.01%.

Kali Metals ROCE % Historical Data

The historical data trend for Kali 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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Kali Metals ROCE % Chart

Kali Metals Annual Data

Trend

Jun23

Jun24

ROCE %

-3.28

-3.79

Kali Metals Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
ROCE %	-	-10.95	2.47	-15.01

Kali Metals ROCE % Calculation

Kali Metals'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 )
	=	-0.64	/	( ( (20.4 - 0.216)	+	(14.557 - 0.939) )	/ 2 )
	=	-0.64	/	( (20.184	+	13.618)	/ 2 )
	=	-0.64	/	16.901
	=	-3.79 %

Kali Metals'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 )
	=	-1.986	/	( ( (14.557 - 0.939)	+	(13.519 - 0.674) )	/ 2 )
	=	-1.986	/	( ( 13.618	+	12.845 )	/ 2 )
	=	-1.986	/	13.2315
	=	-15.01 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Kali Metals (STU:6OB) 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.

Kali Metals ROCE % Related Terms

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Kali Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kali Metals Ltd (STU:6OB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KM1:Australia

Address

34 Colin Street, Ground Floor, West Perth, WA, AUS, 6005

Website

https://www.kalimetals.com.au

Kali Metals Ltd is focused on exploring and developing lithium resources in Australia. Its project includes Pear Creek, DOM's Hill, Marble Bar, Jingellic and Tallangatta and Higginsville lithium projects.

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