Full Circle Lithium (TSXV:FCLI) ROCE % : -59.62% (As of Oct. 2024)

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What is Full Circle Lithium 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. Full Circle Lithium's annualized ROCE % for the quarter that ended in Oct. 2024 was -59.62%.

Full Circle Lithium ROCE % Historical Data

The historical data trend for Full Circle Lithium'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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Full Circle Lithium ROCE % Chart

Full Circle Lithium Annual Data

Trend

Dec21

Oct22

Oct23

ROCE %

-83.33

Full Circle Lithium Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial									-31.63	-60.82	-65.71	-59.79	-59.62

Full Circle Lithium ROCE % Calculation

Full Circle Lithium's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-6.598	/	( ( (5.476 - 0.205)	+	(11.547 - 0.983) )	/ 2 )
	=	-6.598	/	( (5.271	+	10.564)	/ 2 )
	=	-6.598	/	7.9175
	=	-83.33 %

Full Circle Lithium's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	-4.54	/	( ( (8.822 - 0.669)	+	(7.738 - 0.662) )	/ 2 )
	=	-4.54	/	( ( 8.153	+	7.076 )	/ 2 )
	=	-4.54	/	7.6145
	=	-59.62 %

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

Full Circle Lithium (TSXV:FCLI) 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.

Full Circle Lithium ROCE % Related Terms

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Full Circle Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Full Circle Lithium Corp (TSXV:FCLI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FCLIF:USA

Address

110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4

Website

https://www.fullcirclelithium.com

Full Circle Lithium Corp is a lithium processor focused on lithium and battery materials reintegration to meet the demand for crucial battery-grade raw materials, utilizing proprietary technology and know-how. Full Circle is focused on three complementary battery material processing divisions: battery recycling from end-of-life lithium-ion batteries, lithium feedstock recycling from industrial and chemical feedstock, and lithium refinery from upstream feedstock. The company operates in only one reportable segment, being the manufacture and sale of a lithium-ion battery fire extinguishing agent, FCL-X.

Executives

Carlos Ernesto Vicens	Senior Officer
Paul Fornazzari	Director

Full Circle Lithium Headlines

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