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Silver Dollar Resources (STU:4YW) ROC (Joel Greenblatt) % : -4.59% (As of Nov. 2024)


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What is Silver Dollar Resources ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Silver Dollar Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2024 was -4.59%.

The historical rank and industry rank for Silver Dollar Resources's ROC (Joel Greenblatt) % or its related term are showing as below:

STU:4YW' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -106.72   Med: -21.62   Max: -5.75
Current: -5.75

During the past 6 years, Silver Dollar Resources's highest ROC (Joel Greenblatt) % was -5.75%. The lowest was -106.72%. And the median was -21.62%.

STU:4YW's ROC (Joel Greenblatt) % is ranked better than
69.65% of 2501 companies
in the Metals & Mining industry
Industry Median: -21.33 vs STU:4YW: -5.75

Silver Dollar Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 37.70% per year.


Silver Dollar Resources ROC (Joel Greenblatt) % Historical Data

The historical data trend for Silver Dollar Resources's ROC (Joel Greenblatt) % 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.

Silver Dollar Resources ROC (Joel Greenblatt) % Chart

Silver Dollar Resources Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -25.28 -72.17 -13.61 -16.97 -6.64

Silver Dollar Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 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 -9.24 -4.62 -4.52 -9.25 -4.59

Competitive Comparison of Silver Dollar Resources's ROC (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Silver Dollar Resources's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silver Dollar Resources's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Silver Dollar Resources's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Silver Dollar Resources's ROC (Joel Greenblatt) % falls into.


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Silver Dollar Resources ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.017 + 0 + 0.051) - (0.143 + 0 + 0)
=-0.075

Working Capital(Q: Nov. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.018 + 0 + 0.321) - (0.154 + 0 + 0)
=0.185

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Silver Dollar Resources for the quarter that ended in Nov. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2024  Q: Nov. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.42/( ( (8.834 + max(-0.075, 0)) + (9.268 + max(0.185, 0)) )/ 2 )
=-0.42/( ( 8.834 + 9.453 )/ 2 )
=-0.42/9.1435
=-4.59 %

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


Silver Dollar Resources  (STU:4YW) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Silver Dollar Resources ROC (Joel Greenblatt) % Related Terms

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Silver Dollar Resources Business Description

Traded in Other Exchanges
Address
179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9
Silver Dollar Resources Inc is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs thereon. Its properties include La Joya Project, Nora Project in Mexico; Longlegged Lake Property and Pakwash Lake Property in Ontario.

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