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5E Advanced Materials (STU:J9I) ROCE % : -119.71% (As of Mar. 2024)


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What is 5E Advanced Materials 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. 5E Advanced Materials's annualized ROCE % for the quarter that ended in Mar. 2024 was -119.71%.


5E Advanced Materials ROCE % Historical Data

The historical data trend for 5E Advanced Materials'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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5E Advanced Materials ROCE % Chart

5E Advanced Materials Annual Data
Trend Jun21 Jun22 Jun23
ROCE %
-30.59 -112.38 -30.26

5E Advanced Materials Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.53 -34.92 -34.24 -42.63 -119.71

5E Advanced Materials ROCE % Calculation

5E Advanced Materials's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-21.94/( ( (67.058 - 6.978) + (93.13 - 8.181) )/ 2 )
=-21.94/( (60.08+84.949)/ 2 )
=-21.94/72.5145
=-30.26 %

5E Advanced Materials's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-92.304/( ( (79.906 - 8.214) + (89.206 - 6.687) )/ 2 )
=-92.304/( ( 71.692 + 82.519 )/ 2 )
=-92.304/77.1055
=-119.71 %

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


5E Advanced Materials  (STU:J9I) 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.


5E Advanced Materials ROCE % Related Terms

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5E Advanced Materials (STU:J9I) Business Description

Comparable Companies
Traded in Other Exchanges
Address
9329 Mariposa Road, Suite 210, Hesperia, CA, USA, 92344
5E Advanced Materials Inc is engaged boron specialty advanced materials and lithium with a focus on enabling decarbonization, including electric transportation, clean energy, and food security.

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