Canadian Silver Hunter (TSXV:AGH.H) ROCE % : -47.01% (As of Dec. 2023)

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What is Canadian Silver Hunter 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. Canadian Silver Hunter's annualized ROCE % for the quarter that ended in Dec. 2023 was -47.01%.

Canadian Silver Hunter ROCE % Historical Data

The historical data trend for Canadian Silver Hunter'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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Canadian Silver Hunter ROCE % Chart

Canadian Silver Hunter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-88.59

-95.01

-40.82

-42.97

-44.13

Canadian Silver Hunter Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-59.26	-46.92	-20.59	-30.94	-47.01

Canadian Silver Hunter ROCE % Calculation

Canadian Silver Hunter's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.169	/	( ( (0.394 - 0.042)	+	(0.47 - 0.056) )	/ 2 )
	=	-0.169	/	( (0.352	+	0.414)	/ 2 )
	=	-0.169	/	0.383
	=	-44.13 %

Canadian Silver Hunter's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.216	/	( ( (0.535 - 0.03)	+	(0.47 - 0.056) )	/ 2 )
	=	-0.216	/	( ( 0.505	+	0.414 )	/ 2 )
	=	-0.216	/	0.4595
	=	-47.01 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Canadian Silver Hunter (TSXV:AGH.H) 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.

Canadian Silver Hunter ROCE % Related Terms

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Canadian Silver Hunter (TSXV:AGH.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canadian Silver Hunter Inc (TSXV:AGH.H) » Definitions » ROCE %

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Address

65 Harbour Square, Suite 904, Toronto, ON, CAN, M5J 2L4

Website

https://www.canadiansilverhunter.ca

Canadian Silver Hunter Inc is an exploration stage company engaged in the exploration and development of base and precious metal mineral properties. Its South Lorrain project is located in South Lorrain Township, Larder Lake Mining Division, Ontario and is comprised of the past-producing Keeley and Frontier silver-cobalt mines, the Veinlode Silver Mines mining leases, the Montreal River Extension claims, and the Tooth Lake claim. The other properties of the company include the Lost Dog property and the Dark Horse property. The company operates in one business segment being, the exploration for gold and silver. It operates in one business segment, the exploration of gold, silver and battery tech metals.

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