Future Battery Minerals (STU:T590) ROCE % : 1.18% (As of Dec. 2024)

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What is Future Battery Minerals 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. Future Battery Minerals's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.18%.

Future Battery Minerals ROCE % Historical Data

The historical data trend for Future Battery Minerals'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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Future Battery Minerals ROCE % Chart

Future Battery Minerals Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-7.19

-12.78

-24.56

-9.00

-53.83

Future Battery Minerals Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial															-13.17	-4.83	-25.49	-78.77	1.18

Future Battery Minerals ROCE % Calculation

Future Battery Minerals'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 )
	=	-9.471	/	( ( (16.598 - 0.778)	+	(20.037 - 0.666) )	/ 2 )
	=	-9.471	/	( (15.82	+	19.371)	/ 2 )
	=	-9.471	/	17.5955
	=	-53.83 %

Future Battery Minerals'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 )
	=	0.228	/	( ( (20.037 - 0.666)	+	(19.563 - 0.348) )	/ 2 )
	=	0.228	/	( ( 19.371	+	19.215 )	/ 2 )
	=	0.228	/	19.293
	=	1.18 %

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

Future Battery Minerals (STU:T590) 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.

Future Battery Minerals ROCE % Related Terms

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Future Battery Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Future Battery Minerals Ltd (STU:T590) » Definitions » ROCE %

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FBM:Australia

Address

38-40 Colin Street, Suite 10, West Perth, Perth, WA, AUS, 6005

Website

https://www.futurebatteryminerals.com.au

Future Battery Minerals Ltd focused on exploration for key battery minerals lithium, nickel and copper in stable pro mining jurisdictions. Its projects include Saints Nickel Project; Leinster Nickel Project; Nepean Nickel Project; Nevada Lithium Project; Miriam Lithium Project; Kangaroo Hills Lithium Project and others. The Group is organised into one operating segment, being exploration in Australia and USA.

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