Standard Lithium (TSXV:SLI) ROCE % : -7.33% (As of Sep. 2024)

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What is Standard 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. Standard Lithium's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.33%.

Standard Lithium ROCE % Historical Data

The historical data trend for Standard 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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Standard Lithium ROCE % Chart

Standard Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-20.78

-41.18

-30.72

-25.00

68.08

Standard Lithium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-24.79	-26.89	-26.64	318.30	-7.33

Standard Lithium ROCE % Calculation

Standard Lithium'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 )
	=	182.679	/	( ( (173.94 - 13.283)	+	(393.216 - 17.244) )	/ 2 )
	=	182.679	/	( (160.657	+	375.972)	/ 2 )
	=	182.679	/	268.3145
	=	68.08 %

Standard Lithium's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-27.264	/	( ( (393.216 - 17.244)	+	(377.389 - 9.909) )	/ 2 )
	=	-27.264	/	( ( 375.972	+	367.48 )	/ 2 )
	=	-27.264	/	371.726
	=	-7.33 %

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

Standard Lithium (TSXV:SLI) 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.

Standard Lithium ROCE % Related Terms

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Standard Lithium Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SLI:USA 0VIK:UK S5L:Germany S5L:Germany S5L:Bulgaria

Address

1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9

Website

https://www.standardlithium.com

Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The company is focused on the exploration and development of the Arkansas Lithium Project, which is located in south-central Arkansas. Its other projects comprise the Lanxess Project, Tetra Project, and Bristol Dry Lake Project.

Executives

Robert Melvin Douglas Cross	Director
Michael Barman	Senior Officer
Anthony Alvaro	Issuer
James Andrew Charles Robinson	Senior Officer
Jeffrey Barber	Director
Volker Berl	Director
Kara Leah Norman	Senior Officer
Robert Mintak	Director