Vizsla Silver (TSXV:VZLA) ROCE % : -6.04% (As of Oct. 2023)

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What is Vizsla 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. Vizsla Silver's annualized ROCE % for the quarter that ended in Oct. 2023 was -6.04%.

Vizsla Silver ROCE % Historical Data

The historical data trend for Vizsla 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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Vizsla Silver ROCE % Chart

Vizsla Silver Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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-55.54

-70.85

-44.00

-21.41

-7.24

Vizsla Silver Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-7.89	-8.28	-8.20	-7.84	-6.04

Vizsla Silver ROCE % Calculation

Vizsla Silver'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 )
	=	-14.04	/	( ( (165.934 - 10.149)	+	(238.603 - 6.456) )	/ 2 )
	=	-14.04	/	( (155.785	+	232.147)	/ 2 )
	=	-14.04	/	193.966
	=	-7.24 %

Vizsla Silver's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	-14.128	/	( ( (243.749 - 5.429)	+	(232.995 - 3.461) )	/ 2 )
	=	-14.128	/	( ( 238.32	+	229.534 )	/ 2 )
	=	-14.128	/	233.927
	=	-6.04 %

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

Vizsla Silver (TSXV:VZLA) 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.

Vizsla Silver ROCE % Related Terms

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Vizsla Silver (TSXV:VZLA) Business Description

Industry

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

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Traded in Other Exchanges

VZLA:USA 0G3:Germany

Address

1090 West Georgia Street, Suite 700, Vancouver, BC, CAN, V6E 3V7

Website

https://www.vizslasilvercorp.ca

Vizsla Silver Corp is a junior mineral exploration and development company focused on advancing its Panuco silver-gold project located in Sinaloa, Mexico. The property contains quartz-carbonate veins with workings defining both steeply plunging and sub-horizontal ore shoots. Mineralization occurs as silver sulphides including argentite and acanthite, native gold, electrum and native silver associated with pyrite, minor galena, sphalerite and rare chalcopyrite. It has one operating segment, which is principally mineral exploration.

Executives

Mahesh Nalinda Liyanage

Senior Officer

Vizsla Silver (TSXV:VZLA) Headlines

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