GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SilverCrest Metals Inc (TSX:SIL) » Definitions » ROCE %

SilverCrest Metals (TSX:SIL) ROCE %

: 32.99% (As of Dec. 2023)
View and export this data going back to 2015. Start your Free Trial

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. SilverCrest Metals's annualized ROCE % for the quarter that ended in Dec. 2023 was 32.99%.

SilverCrest Metals ROCE % Historical Data

The historical data trend for SilverCrest Metals'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.

SilverCrest Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -66.10 -43.50 -8.34 12.49 34.26

SilverCrest Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.71 42.35 32.65 35.35 32.99

SilverCrest Metals ROCE % Calculation

SilverCrest Metals's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=167.968/( ( (482.742 - 50.163) + (617.369 - 69.459) )/ 2 )
=167.968/( (432.579+547.91)/ 2 )
=167.968/490.2445
=34.26 %

SilverCrest Metals's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=173.04/( ( (541.62 - 40.375) + (617.369 - 69.459) )/ 2 )
=173.04/( ( 501.245 + 547.91 )/ 2 )
=173.04/524.5775
=32.99 %

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

* 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.

SilverCrest Metals  (TSX:SIL) 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.

SilverCrest Metals ROCE % Related Terms

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

SilverCrest Metals (TSX:SIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SilverCrest Metals Inc (TSX:SIL) » Definitions » ROCE %
Comparable Companies
TSX:SLS TSXV:GMIN TSXV:GBU TSX:GGD TSX:NUAG TSXV:BRVO TSX:PPTA TSXV:MTA TSX:LUC TSX:PTM ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES ISX:MBMA JSE:IMP TSX:TFPM HL JSE:NPH
Traded in Other Exchanges
SILV:USA S0C:Germany
Address
570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1
Website
https://www.silvercrestmetals.com
SilverCrest Metals Inc involves in the exploration, development, and extraction of silver and other precious metals. The company's properties include Las Chispas, Cruz de Mayo, and other projects.