Aurcana Silver (Aurcana Silver) ROCE % : 45.92% (As of Sep. 2022)

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What is Aurcana 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. Aurcana Silver's annualized ROCE % for the quarter that ended in Sep. 2022 was 45.92%.

Aurcana Silver ROCE % Historical Data

The historical data trend for Aurcana 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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Aurcana Silver ROCE % Chart

Aurcana Silver Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-16.08

-10.16

-10.47

-18.49

-34.13

Aurcana Silver Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial															31.18	-144.62	-91.97	-0.16	45.92

Aurcana Silver ROCE % Calculation

Aurcana Silver's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-34.491	/	( ( (108.016 - 3.716)	+	(119.402 - 21.595) )	/ 2 )
	=	-34.491	/	( (104.3	+	97.807)	/ 2 )
	=	-34.491	/	101.0535
	=	-34.13 %

Aurcana Silver's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	32.004	/	( ( (116.417 - 45.944)	+	(116.226 - 47.306) )	/ 2 )
	=	32.004	/	( ( 70.473	+	68.92 )	/ 2 )
	=	32.004	/	69.6965
	=	45.92 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Aurcana Silver (OTCPK:AUNFF) 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.

Aurcana Silver ROCE % Related Terms

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Aurcana Silver (Aurcana Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aurcana Silver Corp (OTCPK:AUNFF) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

789 West Pender Street, Suite 850, Vancouver, BC, CAN, V6C 1H2

Website

http://www.aurcana.com

Aurcana Silver Corp is engaged in the exploration, development, and operation of natural properties. The company's reportable segments are Ouray Project, Shafter Project, and Corporate and other segments. The company's project includes Revenue-Virginius Mine and Shafter silver property.