Tier One Silver (FRA:TOV0) ROCE % : -125.66% (As of Mar. 2024)

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What is Tier One 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. Tier One Silver's annualized ROCE % for the quarter that ended in Mar. 2024 was -125.66%.

Tier One Silver ROCE % Historical Data

The historical data trend for Tier One 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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Tier One Silver ROCE % Chart

Tier One Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-36.17

-65.34

-280.14

-162.88

-139.35

Tier One Silver Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-120.66	-158.46	-175.79	-151.56	-125.66

Tier One Silver ROCE % Calculation

Tier One 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 )
	=	-3.396	/	( ( (3.636 - 0.562)	+	(2.504 - 0.704) )	/ 2 )
	=	-3.396	/	( (3.074	+	1.8)	/ 2 )
	=	-3.396	/	2.437
	=	-139.35 %

Tier One Silver's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.724	/	( ( (2.504 - 0.704)	+	(1.586 - 0.642) )	/ 2 )
	=	-1.724	/	( ( 1.8	+	0.944 )	/ 2 )
	=	-1.724	/	1.372
	=	-125.66 %

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

Tier One Silver (FRA:TOV0) 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.

Tier One Silver ROCE % Related Terms

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Tier One Silver (FRA:TOV0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tier One Silver Inc (FRA:TOV0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TSLV:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.tieronesilver.com

Tier One Silver Inc is engaged in the acquisition, exploration, and development of mineral property interests with a focus on Peru. Its project includes Hurricane Silver; Curibaya; Coastal Batholith and Corisur.

Tier One Silver (FRA:TOV0) Headlines

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