XTRRF (Comet Lithium) ROCE %: -4.44% (As of Dec. 2025)


XTRRF Comet Lithium Corp XTRRF
26 GF Score
Price $0.40
! 1 Warning Sign
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What is Comet Lithium ROCE %?

Comet Lithium XTRRF 26 ROCE % is -4.44% as of Dec. 2025. GuruFocus rates XTRRF with a GF Score™ of 26/100. The stock has 1 warning sign investors should review.

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. Comet Lithium's annualized ROCE % for the quarter that ended in Dec. 2025 was -4.44%.

Comet Lithium  (OTCPK:XTRRF) 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.

Comet Lithium ROCE % Related Terms

Comet Lithium ROCE % Historical Data

* Premium members only.

The historical data trend for Comet 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.

Comet Lithium ROCE % Chart

Comet Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.46 -9.65 -29.96 -14.89 -11.26

Comet Lithium Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -13.15 -14.14 -22.21 -4.54 -4.44
XTRRF
26GF Score
Comet Lithium Corp XTRRF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Lithium ROCE % Calculation

Comet Lithium's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.526/( ( (4.986 - 0.368) + (4.812 - 0.091) )/ 2 )
=-0.526/( (4.618+4.721)/ 2 )
=-0.526/4.6695
=-11.26 %

Comet Lithium's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-0.208/( ( (4.871 - 0.226) + (4.812 - 0.091) )/ 2 )
=-0.208/( ( 4.645 + 4.721 )/ 2 )
=-0.208/4.683
=-4.44 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -4.44% mean?
Comet Lithium (XTRRF) has a ROCE % of -4.44% as of Dec. 2025.
Is Comet Lithium's ROCE % too high?
Comet Lithium's current ROCE % is -4.44%. Overall, Comet Lithium has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Comet Lithium's ROCE % compare to HL?
Comet Lithium's ROCE % of -4.44% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Comet Lithium's current ROCE % is -4.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Lithium stock overvalued right now?
Comet Lithium (XTRRF) has a current ROCE % of -4.44%. The current ROCE % is -4.44%. Comet Lithium's overall GF Score™ is 26/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Comet Lithium (XTRRF), the current ROCE % is -4.44% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Comet Lithium Business Description

Other Exchanges 8QY:GermanyCLIC:Canada
Address 147 Avenue Quebec, Porte Arriere, Rouyn-Noranda, QC, CAN, J9X 6M8
Comet Lithium Corp is a dynamic Quebec-focused exploration company with a robust portfolio of high-potential assets with exposure to lithium, gold, copper and nickel. Its holdings include the expansive Troilus East Property, strategically located adjacent to Troilus Gold's multi-million-ounce gold-copper deposit. Comet also owns the Liberty Property, directly adjoining Winsome Resources Adina lithium deposit, along with several other prospective properties across the province.
26GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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