Metal Tiger (STU:EBRA) ROCE % : -17.10% (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Metal Tiger 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. Metal Tiger's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.10%.

Metal Tiger ROCE % Historical Data

The historical data trend for Metal Tiger'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.

Metal Tiger ROCE % Chart

Metal Tiger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

18.13

10.79

11.84

-14.66

-20.87

Metal Tiger Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															17.66	-47.10	19.27	-24.00	-17.10

Metal Tiger ROCE % Calculation

Metal Tiger'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 )
	=	-7.214	/	( ( (47.376 - 7.916)	+	(30.08 - 0.392) )	/ 2 )
	=	-7.214	/	( (39.46	+	29.688)	/ 2 )
	=	-7.214	/	34.574
	=	-20.87 %

Metal Tiger's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-5.53	/	( ( (43.059 - 8.058)	+	(30.08 - 0.392) )	/ 2 )
	=	-5.53	/	( ( 35.001	+	29.688 )	/ 2 )
	=	-5.53	/	32.3445
	=	-17.10 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Metal Tiger (STU:EBRA) 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.

Metal Tiger ROCE % Related Terms

Thank you for viewing the detailed overview of Metal Tiger's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Metal Tiger (STU:EBRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metal Tiger PLC (STU:EBRA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SRT:Australia

Address

Weston Down Lane, Weston Farm House, Weston Colley, Winchester, Hants, GBR, SO21 3AG

Website

https://www.strataplc.com

Strata Investment Holdings plc formerly Metal Tiger PLC operates in the natural resources sector. The company is engaged in precious metals exploration and base metals aggregation in South-East Asia. Its business is organized into two divisions for its investment interests in the natural resources sector that is Equity investments and Project Investments. Geographically, it has a presence in the UK; EMEA; Asia-Pacific; Australasia, and the Americas.

Metal Tiger (STU:EBRA) Headlines

No Headlines