American West Metals (STU:R84) ROCE % : -1,507.99% (As of Dec. 2023)

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What is American West 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. American West Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was -1,507.99%.

American West Metals ROCE % Historical Data

The historical data trend for American West 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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American West Metals ROCE % Chart

American West Metals Annual Data

Trend

Jun22

Jun23

Jun24

ROCE %

-5,544.95

-1,083.66

American West Metals Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial			-1,368.06	-	-3,954.94	-1,507.99	-1,454.89

American West Metals ROCE % Calculation

American West 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 )
	=	-11.503	/	( ( (3.63 - 2.882)	+	(4.453 - 3.078) )	/ 2 )
	=	-11.503	/	( (0.748	+	1.375)	/ 2 )
	=	-11.503	/	1.0615
	=	-1,083.66 %

American West Metals'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 )
	=	-21.044	/	( ( (3.63 - 2.882)	+	(3.013 - 0.97) )	/ 2 )
	=	-21.044	/	( ( 0.748	+	2.043 )	/ 2 )
	=	-21.044	/	1.3955
	=	-1,507.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

American West Metals (STU:R84) 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.

American West Metals ROCE % Related Terms

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American West Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American West Metals Ltd (STU:R84) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AWMLF:USA AW1:Australia

Address

28 Ord Street, Level 2, Suite 2, Perth, WA, AUS, 6005

Website

https://www.americanwestmetals.com

American West Metals Ltd is focused on growth through the discovery and development of base metal mineral deposits. It is focused on developing its mineral deposits at the Storm Copper Project and Seal Project in Canada, and the West Desert Project and the Copper Warrior Project both located in Utah. The company is organized into one main operating segment, which involves the exploration of minerals in Canada and the United States.

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