Sulliden Mining Capital (TSX:SMC) ROCE % : -124.48% (As of Jan. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Sulliden Mining Capital 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. Sulliden Mining Capital's annualized ROCE % for the quarter that ended in Jan. 2024 was -124.48%.

Sulliden Mining Capital ROCE % Historical Data

The historical data trend for Sulliden Mining Capital'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.

* Premium members only.

Sulliden Mining Capital ROCE % Chart

Sulliden Mining Capital Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

Get a 7-Day Free Trial

-92.28

6.02

-14.89

-103.67

-102.40

Sulliden Mining Capital 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															-91.78	-37.78	-95.27	-144.65	-124.48

Sulliden Mining Capital ROCE % Calculation

Sulliden Mining Capital's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-5.681	/	( ( (9.108 - 0.719)	+	(3.471 - 0.764) )	/ 2 )
	=	-5.681	/	( (8.389	+	2.707)	/ 2 )
	=	-5.681	/	5.548
	=	-102.40 %

Sulliden Mining Capital'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 )
	=	-2.136	/	( ( (2.919 - 1.041)	+	(2.923 - 1.369) )	/ 2 )
	=	-2.136	/	( ( 1.878	+	1.554 )	/ 2 )
	=	-2.136	/	1.716
	=	-124.48 %

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

Sulliden Mining Capital (TSX:SMC) 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.

Sulliden Mining Capital ROCE % Related Terms

Thank you for viewing the detailed overview of Sulliden Mining Capital's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sulliden Mining Capital (TSX:SMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sulliden Mining Capital Inc (TSX:SMC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SULMF:USA 14S:Germany

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

http://www.sulliden.com

Sulliden Mining Capital Inc is engaged in the business of mineral exploration. It holds mineral exploration interests in the East Sullivan property in Quebec, mineral exploration interests in the Salt Cay property in Peru and Uranium exploration interests in the Proterozoic Otish property in Quebec and various investments in public and private entities.

Executives

Newdene Gold Inc.

10% Security Holder

Sulliden Mining Capital (TSX:SMC) Headlines

No Headlines