GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » White Energy Co Ltd (STU:XPK) » Definitions » ROCE %

White Energy Co (STU:XPK) ROCE % : -106.38% (As of Dec. 2023)


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

What is White Energy Co 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. White Energy Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -106.38%.


White Energy Co ROCE % Historical Data

The historical data trend for White Energy Co'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.

White Energy Co ROCE % Chart

White Energy Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -430.05 -47.38 -63.94 -30.87

White Energy Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -61.12 -47.35 -69.04 -106.38 34.17

White Energy Co ROCE % Calculation

White Energy Co'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 )
=-1.877/( ( (6.319 - 0.965) + (8.184 - 1.378) )/ 2 )
=-1.877/( (5.354+6.806)/ 2 )
=-1.877/6.08
=-30.87 %

White Energy Co'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 )
=-5.852/( ( (6.319 - 0.965) + (7.342 - 1.694) )/ 2 )
=-5.852/( ( 5.354 + 5.648 )/ 2 )
=-5.852/5.501
=-106.38 %

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


White Energy Co  (STU:XPK) 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.


White Energy Co ROCE % Related Terms

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


White Energy Co Business Description

Traded in Other Exchanges
Address
76 Skyring Terrace, Level 2, Newstead, QLD, AUS, 4006
White Energy Co Ltd engages in the development and exploitation of binderless coal briquetting technology. It operates through the following segments: Coal Technology in Australia; Asia, South Africa, Coal Mining in the USA, UK and Mining Exploration in Australia. The company generates maximum revenue from Coal Technology in Australia segment. The Projects of the company involve: River Energy Joint Venture, Mountainside Coal Company Inc, Buckskin Project, Peabody Project Cessnock Research and Development and South Australian Coal.

White Energy Co Headlines

No Headlines