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Gatos Silver (Gatos Silver) ROC (Joel Greenblatt) % : 0.00% (As of Mar. 2024)


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What is Gatos Silver ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Gatos Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for Gatos Silver's ROC (Joel Greenblatt) % or its related term are showing as below:

During the past 12 years, Gatos Silver's highest ROC (Joel Greenblatt) % was 1048.00%. The lowest was -40496.73%. And the median was -115.88%.

GATO's ROC (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -19.75
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Gatos Silver's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Gatos Silver ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gatos Silver's ROC (Joel Greenblatt) % 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.

* Premium members only.

Gatos Silver ROC (Joel Greenblatt) % Chart

Gatos Silver Annual Data
Trend Dec10 Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -192.44 -40,496.73 -8,018.32 1,048.00 -

Gatos Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC (Joel Greenblatt) % 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 - - - - -

Competitive Comparison of Gatos Silver's ROC (Joel Greenblatt) %

For the Other Precious Metals & Mining subindustry, Gatos Silver's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gatos Silver's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gatos Silver's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gatos Silver's ROC (Joel Greenblatt) % falls into.



Gatos Silver ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.951) - (30.131 + 0 + 3.226)
=-31.406

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 1.387) - (8.489 + 0 + 1.887)
=-8.989

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gatos Silver for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10.3/( ( (0 + max(-31.406, 0)) + (0 + max(-8.989, 0)) )/ 1 )
=10.3/( ( 0 + 0 )/ 1 )
=10.3/0
= %

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


Gatos Silver  (NYSE:GATO) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Gatos Silver ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Gatos Silver's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gatos Silver (Gatos Silver) Business Description

Traded in Other Exchanges
Address
925 West Georgia Street, Suite 910, Vancouver, BC, CAN, V6C 3L2
Gatos Silver Inc is a development and exploration company. It is focused on the production of Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District, both located in Chihuahua, Mexico. The Los Gatos District consists of 14 mineralized zones, including three identified silver-lead-zinc deposits: the Cerro Los Gatos Mine, the Esther deposit, and the Amapola deposit. The Company's reportable segments are based on the Company's mineral interests and management structure and include Mexico and Corporate segments. The Mexico segment engages in the exploration, development, and operation of the Company's Mexican mineral interests and includes the Company's investment in its LGJV.
Executives
Dale Andres officer: President 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Anthony Michael Scott officer: VP, Eval. & Technical Services C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Stephen D Bodley officer: General Counsel C/O GATOS SILVER, INC., 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
James Woeller officer: VP, Corp Dev & Bus Improvement 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Quintanilla Daniel Muniz director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Van Niekerk Pieter A. officer: Chief Financial Officer 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Nicolas Vachon officer: Vice President, Finance 8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Rodrigo Monroy officer: General Counsel 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLLAGE CO 80111
Stephen A. Orr director, officer: Chief Executive Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Electrum Silver Us Llc 10 percent owner 535 MADISON AVENUE, 12TH FL., NEW YORK NY 10022
Electrum Group Llc 10 percent owner 535 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Philip Pyle officer: VP of Expl & Chief Geologist 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Luis Felipe Huerta officer: Vice President, Mexico 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
John Kinyon officer: Chief Operating Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111
Adam Dubas officer: Chief Administrative Officer 8400 E. CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111