Bear Creek Mining (Bear Creek Mining) ROCE % : -22.29% (As of Sep. 2023)

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What is Bear Creek Mining 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. Bear Creek Mining's annualized ROCE % for the quarter that ended in Sep. 2023 was -22.29%.

Bear Creek Mining ROCE % Historical Data

The historical data trend for Bear Creek Mining'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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Bear Creek Mining ROCE % Chart

Bear Creek Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-9.14

-15.22

-10.82

-18.49

-10.98

Bear Creek Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-12.68	-18.45	-	-	-22.29

Bear Creek Mining ROCE % Calculation

Bear Creek Mining's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-16.802	/	( ( (121.92 - 2.366)	+	(275.153 - 88.646) )	/ 2 )
	=	-16.802	/	( (119.554	+	186.507)	/ 2 )
	=	-16.802	/	153.0305
	=	-10.98 %

Bear Creek Mining's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-34.388	/	( ( (0 - 0)	+	(244.674 - 90.433) )	/ 1 )
	=	-34.388	/	( ( 0	+	154.241 )	/ 1 )
	=	-34.388	/	154.241
	=	-22.29 %

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

Bear Creek Mining (OTCPK:BCEKF) 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.

Bear Creek Mining ROCE % Related Terms

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Bear Creek Mining (Bear Creek Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bear Creek Mining Corp (OTCPK:BCEKF) » Definitions » ROCE %

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Traded in Other Exchanges

OU6:Germany BCM:Canada

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

https://www.bearcreekmining.com

Bear Creek Mining Corp is a mineral resource corporation engaged in the acquisition, exploration, development and operation of mineral properties in Latin America. The company is a precious metals producer with 100% ownership of two material mineral projects - the Mercedes Mine and the Corani Property.

Bear Creek Mining (Bear Creek Mining) Headlines

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