Alexco Resource (Alexco Resource) ROCE % : -23.15% (As of Jun. 2022)

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What is Alexco Resource 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. Alexco Resource's annualized ROCE % for the quarter that ended in Jun. 2022 was -23.15%.

Alexco Resource ROCE % Historical Data

The historical data trend for Alexco Resource'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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Alexco Resource ROCE % Chart

Alexco Resource Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-6.77

-6.92

-5.15

-13.44

-10.83

Alexco Resource 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															-5.49	-6.33	-20.35	-10.40	-23.15

Alexco Resource ROCE % Calculation

Alexco Resource'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 )
	=	-14.791	/	( ( (134.021 - 12.012)	+	(164.345 - 13.143) )	/ 2 )
	=	-14.791	/	( (122.009	+	151.202)	/ 2 )
	=	-14.791	/	136.6055
	=	-10.83 %

Alexco Resource'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 )
	=	-26.912	/	( ( (167.821 - 18.75)	+	(103.254 - 19.842) )	/ 2 )
	=	-26.912	/	( ( 149.071	+	83.412 )	/ 2 )
	=	-26.912	/	116.2415
	=	-23.15 %

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

Alexco Resource (AMEX:AXU) 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.

Alexco Resource ROCE % Related Terms

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Alexco Resource (Alexco Resource) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alexco Resource Corp (AMEX:AXU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two Bentall Centre, 555 Burrard Street, Suite 1225, Box 216, Vancouver, BC, CAN, V7X 1M9

Website

https://www.alexcoresource.com

Alexco Resource Corp is engaged in mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores silver, lead, zinc, and gold deposits. The firm's projects include Keno Hill Silver District, Flame and Moth, Bermingham, Lucky Queen, Bellekeno, and others.