Kalamazoo Resources (STU:KR1) ROCE % : -14.38% (As of Dec. 2023)

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What is Kalamazoo Resources 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. Kalamazoo Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.38%.

Kalamazoo Resources ROCE % Historical Data

The historical data trend for Kalamazoo Resources'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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Kalamazoo Resources ROCE % Chart

Kalamazoo Resources Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-26.29

-2.38

-7.43

-14.01

-14.51

Kalamazoo Resources Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										-7.10	-23.39	-4.85	-14.38	-12.09

Kalamazoo Resources ROCE % Calculation

Kalamazoo Resources'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 )
	=	-1.825	/	( ( (13.546 - 2.086)	+	(16.699 - 3) )	/ 2 )
	=	-1.825	/	( (11.46	+	13.699)	/ 2 )
	=	-1.825	/	12.5795
	=	-14.51 %

Kalamazoo Resources'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 )
	=	-1.904	/	( ( (13.546 - 2.086)	+	(16.95 - 1.932) )	/ 2 )
	=	-1.904	/	( ( 11.46	+	15.018 )	/ 2 )
	=	-1.904	/	13.239
	=	-14.38 %

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

Kalamazoo Resources (STU:KR1) 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.

Kalamazoo Resources ROCE % Related Terms

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Kalamazoo Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kalamazoo Resources Ltd (STU:KR1) » Definitions » ROCE %

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KAMRF:USA KZR:Australia

Address

16 Douro Place, West Perth, Perth, WA, AUS, 6005

Website

https://www.kzr.com.au

Kalamazoo Resources Ltd is a gold and copper explorer and developer whose primary focus is on exploring and developing gold projects in Western Australia. Its projects are Castlemaine Gold Project; South Muckleford Gold Project; Pilbara Gold and Base Metal Project; Snake Well Project; Ashburton Gold; Jingellic Lithium Project and Others. Geographically the company only operates in Australia.

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