Cascada Silver (XCNQ:CSS) ROCE % : -180.17% (As of Dec. 2023)

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What is Cascada Silver 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. Cascada Silver's annualized ROCE % for the quarter that ended in Dec. 2023 was -180.17%.

Cascada Silver ROCE % Historical Data

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

Cascada Silver Annual Data

Trend

Jun21

Jun22

Jun23

ROCE %

-24.09

-64.15

-89.99

Cascada Silver Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								-80.53	-112.77	-137.74	-83.33	-180.17

Cascada Silver ROCE % Calculation

Cascada Silver's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.823	/	( ( (1.436 - 0.133)	+	(0.565 - 0.039) )	/ 2 )
	=	-0.823	/	( (1.303	+	0.526)	/ 2 )
	=	-0.823	/	0.9145
	=	-89.99 %

Cascada Silver'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 )
	=	-0.636	/	( ( (0.471 - 0.037)	+	(0.283 - 0.011) )	/ 2 )
	=	-0.636	/	( ( 0.434	+	0.272 )	/ 2 )
	=	-0.636	/	0.353
	=	-180.17 %

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

Cascada Silver (XCNQ:CSS) 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.

Cascada Silver ROCE % Related Terms

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Cascada Silver (XCNQ:CSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascada Silver Corp (XCNQ:CSS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Bay Street, Suite 2702, Toronto, ON, CAN, M5H 2Y4

Website

https://www.cascadasilver.com

Cascada Silver Corp is a mineral exploration company whose principal business is the evaluation and development of the Agua Amarga silver project located in Chile.