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Silver Bull Resources (Silver Bull Resources) ROC (Joel Greenblatt) % : -1,294.21% (As of Jan. 2024)


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What is Silver Bull Resources 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. Silver Bull Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -1,294.21%.

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

SVBL' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2399.62   Med: -1003.66   Max: -102.77
Current: -1157.19

During the past 13 years, Silver Bull Resources's highest ROC (Joel Greenblatt) % was -102.77%. The lowest was -2399.62%. And the median was -1003.66%.

SVBL's ROC (Joel Greenblatt) % is ranked worse than
92.26% of 2571 companies
in the Metals & Mining industry
Industry Median: -19.8 vs SVBL: -1157.19

Silver Bull Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.40% per year.


Silver Bull Resources ROC (Joel Greenblatt) % Historical Data

The historical data trend for Silver Bull Resources'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.

Silver Bull Resources ROC (Joel Greenblatt) % Chart

Silver Bull Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,042.62 -945.49 -1,752.97 -895.45 -1,061.82

Silver Bull Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -938.03 -1,339.13 -1,424.54 -563.64 -1,294.21

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

For the Other Industrial Metals & Mining subindustry, Silver Bull Resources'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.


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

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

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



Silver Bull Resources 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.14 + 0 + 0.044) - (0.779 + 0 + -1.1102230246252E-16)
=-0.595

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.21 + 0 + 0.033) - (0.429 + 0 + 0)
=-0.186

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.676/( ( (0.131 + max(-0.595, 0)) + (0.128 + max(-0.186, 0)) )/ 2 )
=-1.676/( ( 0.131 + 0.128 )/ 2 )
=-1.676/0.1295
=-1,294.21 %

Note: The EBIT data used here is four times the quarterly (Jan. 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.


Silver Bull Resources  (OTCPK:SVBL) 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.


Silver Bull Resources ROC (Joel Greenblatt) % Related Terms

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


Silver Bull Resources (Silver Bull Resources) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1605, Vancouver, BC, CAN, V7Y 1G6
Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and Kazakhstan.
Executives
William Fuller Matlack director C/O TIMBERLINE RESOURCES CORP., 101 EAST LAKESIDE AVENUE, COEUR D'ALENE ID 83814
David T. Underwood director 777 DUNSMUIR STREET, SUITE 1610, VANCOUVER A1 V7Y 1K4
Darren Klinck officer: President 918 WEST 13TH AVENUE, VANCOUVER A1 V5Z 1P3
Christopher Richards officer: CFO 918 WEST 13TH AVENUE, VANCOUVER A1 V5Z 1P3
Brian D. Edgar director, officer: Executive Chairman 885 WEST GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C 3E8
Joshua Crumb director 885 WEST GEORGE STREET, SUITE 2200, VANCOUVER A1 V6C 3E8
John A Mcclintock director C/O SILVER BULL RESOURCES, INC., 777 DUNSMUIR STREET, SUITE 1610, VANCOUVER A1 V7Y 1K4
Coeur D Alene Mines Corp 10 percent owner 200 SOUTH WACKER DRIVE, SUITE 2100, CHICAGO IL 60606
Lazarus Investment Partners Lllp 10 percent owner C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Jason Cunliffe officer: Vice President - Exploration 885 WEST GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C 3E8
Daniel J Kunz director C/O US GEOTHERMAL INC., 1505 TYRELL LANE, BOISE ID 83706
Sean Fallis officer: Chief Financial Officer 925 WEST GEORGIA STREET, SUITE 1908, VANCOUVER A1 V6C 3L2
Nicole Adshead-bell director 835 W. GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C3E8

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