Lithium Argentina AG (TSX:LAR) ROCE % : 0.81% (As of Dec. 2024)

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What is Lithium Argentina AG 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. Lithium Argentina AG's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.81%.

Lithium Argentina AG ROCE % Historical Data

The historical data trend for Lithium Argentina AG'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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Lithium Argentina AG ROCE % Chart

Lithium Argentina AG Annual Data

Trend

Sep15

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-10.04

-4.65

-1.50

6.19

-0.09

Lithium Argentina AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															5.40	-1.97	-1.17	1.84	0.81

Lithium Argentina AG ROCE % Calculation

Lithium Argentina AG's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-1.09	/	( ( (1415.423 - 288.364)	+	(1611.653 - 342.316) )	/ 2 )
	=	-1.09	/	( (1127.059	+	1269.337)	/ 2 )
	=	-1.09	/	1198.198
	=	-0.09 %

Lithium Argentina AG'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: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	9.996	/	( ( (1519.54 - 309.043)	+	(1611.653 - 342.316) )	/ 2 )
	=	9.996	/	( ( 1210.497	+	1269.337 )	/ 2 )
	=	9.996	/	1239.917
	=	0.81 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Lithium Argentina AG (TSX:LAR) 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.

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Lithium Argentina AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Argentina AG (TSX:LAR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LAR:USA ZV5:Germany

Address

Dammstrasse 19, ZUG, CHE, 6300

Website

https://www.lithium-argentina.com

Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Cauchari-Olaroz and Pastos Grandes. Cauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.

Executives

Franco Mignacco	Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
George R. Ireland	Director
Juan Diego Lopez Casanello	Director
Alun Robert Doyle	Director
Jose Manuel Aggio	Senior Officer
Alexander Hamilton Meikle	Senior Officer
Oleksandr Shulga	Senior Officer
John Kanellitsas	Director