Li-FT Power (TSXV:LIFT) ROCE % : -4.75% (As of Nov. 2024)

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What is Li-FT Power 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. Li-FT Power's annualized ROCE % for the quarter that ended in Nov. 2024 was -4.75%.

Li-FT Power ROCE % Historical Data

The historical data trend for Li-FT Power'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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Li-FT Power ROCE % Chart

Li-FT Power Annual Data

Trend

Nov21

Nov22

Nov23

Nov24

ROCE %

-10.72

-2.27

-3.78

Li-FT Power Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
ROCE %	Get a 7-Day Free Trial										-2.70	-5.76	-1.71	-3.08	-4.75

Li-FT Power ROCE % Calculation

Li-FT Power's annualized ROCE % for the fiscal year that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2024 )		(A: Nov. 2023 )		(A: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2024 )		(A: Nov. 2023 )		(A: Nov. 2024 )
	=	-9.973	/	( ( (261.713 - 8.306)	+	(284.025 - 9.732) )	/ 2 )
	=	-9.973	/	( (253.407	+	274.293)	/ 2 )
	=	-9.973	/	263.85
	=	-3.78 %

Li-FT Power's ROCE % of for the quarter that ended in Nov. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2024 )		(Q: Aug. 2024 )		(Q: Nov. 2024 )
	=	-12.748	/	( ( (265.714 - 3.232)	+	(284.025 - 9.732) )	/ 2 )
	=	-12.748	/	( ( 262.482	+	274.293 )	/ 2 )
	=	-12.748	/	268.3875
	=	-4.75 %

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

Li-FT Power (TSXV:LIFT) 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.

Li-FT Power ROCE % Related Terms

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Li-FT Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-FT Power Ltd (TSXV:LIFT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LIFFF:USA WS0:Germany

Address

1030 West Georgia Street, Suite 1218, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.li-ft.com

Li-FT Power Ltd is a mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects located in Canada. The Company's flagship project is the Yellowknife Lithium Project located in Northwest Territories. The Yellowknife Lithium Project is comprised of mineral leases that cover the lithium pegmatites. Li-FT also holds three early-stage exploration properties in Quebec, Canada with potential for the discovery of buried lithium pegmatites, as well as the Cali Project in Northwest Territories.

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