Its a meaningless number in an auto generated article from Simply Wall Street.
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
The book value of the mining assets does not reflect the true value of the assets. Clearly Savage River is a cash cow and is worth way more than what is shown in the balance sheet.
Quarterly predictions, page-663
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 24.5¢ | $429.7K | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 471446 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 17621 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |