Klondike Silver (TSXV:KS) ROCE % : -2.43% (As of Feb. 2024)

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What is Klondike 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. Klondike Silver's annualized ROCE % for the quarter that ended in Feb. 2024 was -2.43%.

Klondike Silver ROCE % Historical Data

The historical data trend for Klondike 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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Klondike Silver ROCE % Chart

Klondike Silver Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

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-5.20

-5.12

-12.90

-3.91

-4.21

Klondike Silver Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-6.51	-3.24	-9.41	-2.26	-2.43

Klondike Silver ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-0.704	/	( ( (17.863 - 1.043)	+	(18.267 - 1.657) )	/ 2 )
	=	-0.704	/	( (16.82	+	16.61)	/ 2 )
	=	-0.704	/	16.715
	=	-4.21 %

Klondike Silver's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.376	/	( ( (18.278 - 1.657)	+	(18.221 - 3.939) )	/ 2 )
	=	-0.376	/	( ( 16.621	+	14.282 )	/ 2 )
	=	-0.376	/	15.4515
	=	-2.43 %

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

Klondike Silver (TSXV:KS) 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.

Klondike Silver ROCE % Related Terms

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Klondike Silver (TSXV:KS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Klondike Silver Corp (TSXV:KS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

KLSVF:USA K1SN:Germany

Address

750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7

Website

https://www.klondikesilver.com

Klondike Silver Corp is a Canadian based mining company. The company is engaged in the exploration of mineral properties in Canada. It has silver- lead-zinc projects in Canada.

Executives

Glen Harder

Director