Great Panther Mining (Great Panther Mining) ROCE % : -26.58% (As of Jun. 2022)

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What is Great Panther 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. Great Panther Mining's annualized ROCE % for the quarter that ended in Jun. 2022 was -26.58%.

Great Panther Mining ROCE % Historical Data

The historical data trend for Great Panther 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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Great Panther Mining ROCE % Chart

Great Panther Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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3.10

-9.22

-61.28

4.38

-21.72

Great Panther Mining Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
ROCE %	Get a 7-Day Free Trial															-18.44	-40.04	-31.94	-18.06	-26.58

Great Panther Mining ROCE % Calculation

Great Panther Mining'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 )
	=	-39.598	/	( ( (280.42 - 88.086)	+	(264.043 - 91.756) )	/ 2 )
	=	-39.598	/	( (192.334	+	172.287)	/ 2 )
	=	-39.598	/	182.3105
	=	-21.72 %

Great Panther Mining's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2022 )		(Q: Mar. 2022 )		(Q: Jun. 2022 )
	=	-42.74	/	( ( (290.219 - 108.734)	+	(261.964 - 121.891) )	/ 2 )
	=	-42.74	/	( ( 181.485	+	140.073 )	/ 2 )
	=	-42.74	/	160.779
	=	-26.58 %

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

Great Panther Mining (OTCPK:GPLDF) 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.

Great Panther Mining ROCE % Related Terms

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Great Panther Mining (Great Panther Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Panther Mining Ltd (OTCPK:GPLDF) » Definitions » ROCE %

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Address

1330 - 200 Granville Street, Vancouver, BC, CAN, V6C 1S4

Website

https://www.greatpanther.com

Great Panther Mining Ltd is a precious metals mining and exploration company. The company operates three mines, including the Tucano Gold Mine in Amapa State, Brazil, and two primary silver mines in Mexico: the Guanajuato Mine Complex (GMC) and the Topia Mine. Its Coricancha segment contains the net assets associated with Coricancha and the Corporate segment provides financial, human resources, and technical support to the three mining operations and Coricancha. The GMC operation produces silver and gold in concentrate, and the Topia operation produces silver, gold, lead, and zinc in concentrate for refining off-site. The Tucano operation produces gold dore. It generates the majority of its revenue from Brazil.