Coeur Mining (WBO:CDE) ROCE % : -2.29% (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Coeur 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. Coeur Mining's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.29%.

Coeur Mining ROCE % Historical Data

The historical data trend for Coeur 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.

* Premium members only.

Coeur Mining ROCE % Chart

Coeur Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-24.80

6.63

1.42

-2.75

-2.43

Coeur Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															13.24	-1.72	-3.85	-1.93	-2.29

Coeur Mining ROCE % Calculation

Coeur Mining'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 )
	=	-38.575	/	( ( (1742.759 - 207.076)	+	(1908.138 - 265.575) )	/ 2 )
	=	-38.575	/	( (1535.683	+	1642.563)	/ 2 )
	=	-38.575	/	1589.123
	=	-2.43 %

Coeur Mining'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 )
	=	-38.032	/	( ( (1939.358 - 265.606)	+	(1908.138 - 265.575) )	/ 2 )
	=	-38.032	/	( ( 1673.752	+	1642.563 )	/ 2 )
	=	-38.032	/	1658.1575
	=	-2.29 %

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

Coeur Mining (WBO:CDE) 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.

Coeur Mining ROCE % Related Terms

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

Coeur Mining (WBO:CDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coeur Mining Inc (WBO:CDE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CDE:USA 1CDE:Italy CDM1:Germany CDE:Argentina

Address

104 South Michigan Avenue, Suite 900, Chicago, IL, USA, 60603

Website

https://www.coeur.com

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.