Silver Predator (TSXV:SPD) ROCE % : -6.97% (As of Mar. 2024)

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What is Silver Predator 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. Silver Predator's annualized ROCE % for the quarter that ended in Mar. 2024 was -6.97%.

Silver Predator ROCE % Historical Data

The historical data trend for Silver Predator'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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Silver Predator ROCE % Chart

Silver Predator Annual Data

Trend

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-16.06

-13.60

-17.23

65.99

-6.20

Silver Predator Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-8.24	-4.72	-3.67	-7.21	-6.97

Silver Predator ROCE % Calculation

Silver Predator'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 )
	=	-0.237	/	( ( (3.781 - 0.017)	+	(3.925 - 0.041) )	/ 2 )
	=	-0.237	/	( (3.764	+	3.884)	/ 2 )
	=	-0.237	/	3.824
	=	-6.20 %

Silver Predator's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.292	/	( ( (3.925 - 0.041)	+	(4.557 - 0.068) )	/ 2 )
	=	-0.292	/	( ( 3.884	+	4.489 )	/ 2 )
	=	-0.292	/	4.1865
	=	-6.97 %

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

Silver Predator (TSXV:SPD) 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.

Silver Predator ROCE % Related Terms

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Silver Predator (TSXV:SPD) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Predator Corp (TSXV:SPD) » Definitions » ROCE %

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SVROF:USA

Address

34 King Street East, Suite 1200, Toronto, ON, CAN, M5C 2X8

Website

https://www.silverpredator.com

Silver Predator Corp is a mining exploration company with properties in the western United States. The company owns the Copper King project, located in the eastern portion of the famous Coeur d' Alene Silver District near Mullan, ID, the Taylor silver project near Ely, NV, and the Cordero, Cornucopia, and Treasure Hill properties in Nevada. It operates in a single segment, which is the exploration and development of resource properties.

Silver Predator (TSXV:SPD) Headlines

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