Zacatecas Silver (FRA:7TV) ROCE % : -4.88% (As of Sep. 2024)

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What is Zacatecas 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. Zacatecas Silver's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.88%.

Zacatecas Silver ROCE % Historical Data

The historical data trend for Zacatecas 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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Zacatecas Silver ROCE % Chart

Zacatecas Silver Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-205.09

-82.31

-15.88

Zacatecas Silver Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial											-11.30	-8.17	-9.19	-5.40	-4.88

Zacatecas Silver ROCE % Calculation

Zacatecas Silver'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 )
	=	-3.476	/	( ( (33.719 - 15.716)	+	(32.472 - 6.699) )	/ 2 )
	=	-3.476	/	( (18.003	+	25.773)	/ 2 )
	=	-3.476	/	21.888
	=	-15.88 %

Zacatecas Silver's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-1.528	/	( ( (32.181 - 0.345)	+	(31.416 - 0.616) )	/ 2 )
	=	-1.528	/	( ( 31.836	+	30.8 )	/ 2 )
	=	-1.528	/	31.318
	=	-4.88 %

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

Zacatecas Silver (FRA:7TV) 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.

Zacatecas Silver ROCE % Related Terms

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Zacatecas Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zacatecas Silver Corp (FRA:7TV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ZCTSF:USA 7TV:Germany ZAC:Canada

Address

1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7

Website

https://www.zacatecassilver.com

Zacatecas Silver Corp is engaged in the acquisition of silver properties. The Company has two key projects. The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico.

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