Southern Silver Exploration (Southern Silver Exploration) ROCE % : -12.05% (As of Jan. 2024)

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What is Southern Silver Exploration 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. Southern Silver Exploration's annualized ROCE % for the quarter that ended in Jan. 2024 was -12.05%.

Southern Silver Exploration ROCE % Historical Data

The historical data trend for Southern Silver Exploration'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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Southern Silver Exploration ROCE % Chart

Southern Silver Exploration Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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-17.46

-31.47

-41.11

-22.19

-14.85

Southern Silver Exploration Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-11.60	-8.54	-9.48	-7.63	-12.05

Southern Silver Exploration ROCE % Calculation

Southern Silver Exploration's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-4.775	/	( ( (36.185 - 0.592)	+	(29.077 - 0.361) )	/ 2 )
	=	-4.775	/	( (35.593	+	28.716)	/ 2 )
	=	-4.775	/	32.1545
	=	-14.85 %

Southern Silver Exploration's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-3.252	/	( ( (27.372 - 0.273)	+	(27.224 - 0.344) )	/ 2 )
	=	-3.252	/	( ( 27.099	+	26.88 )	/ 2 )
	=	-3.252	/	26.9895
	=	-12.05 %

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

Southern Silver Exploration (OTCPK:SSVFF) 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.

Southern Silver Exploration ROCE % Related Terms

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Southern Silver Exploration (Southern Silver Exploration) Business Description

Industry

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

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SEG1:Germany SSV:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.southernsilverexploration.com

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas and Oro. The Cerro Las Minitas property is a silver- lead-zinc property, which is in the northeast of the city of Durango in Durango State, Mexico. The Oro property is a gold-silver-copper- lead-zinc property, which is in the southwest of the Silver City porphyry copper district.

Southern Silver Exploration (Southern Silver Exploration) Headlines

From GuruFocus

Southern Silver Exploration Corp. to Webcast Live at VirtualInvestorConferences.com December 9th

By PRNewswire PRNewswire • 12-01-2021

Southern Silver Exploration Corp. to Webcast Live at Battery & Precious Metals Virtual Investor Conference October 18th

By Value_Insider Value_Insider • 10-17-2022

Southern Silver Exploration to Webcast Live at VirtualInvestorConferences.com February 17th

By PRNewswire PRNewswire • 02-15-2021