GSVRF (Guanajuato Silver Co) ROCE % : -37.97% (As of Sep. 2024)

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What is Guanajuato Silver Co 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. Guanajuato Silver Co's annualized ROCE % for the quarter that ended in Sep. 2024 was -37.97%.

Guanajuato Silver Co ROCE % Historical Data

The historical data trend for Guanajuato Silver Co'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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Guanajuato Silver Co ROCE % Chart

Guanajuato Silver Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-105.95

-35.61

-37.28

-45.99

-50.35

Guanajuato Silver Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-61.50	-65.11	-69.36	-11.43	-37.97

Guanajuato Silver Co ROCE % Calculation

Guanajuato Silver Co's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-22.876	/	( ( (51.32 - 12.948)	+	(85.649 - 33.155) )	/ 2 )
	=	-22.876	/	( (38.372	+	52.494)	/ 2 )
	=	-22.876	/	45.433
	=	-50.35 %

Guanajuato Silver Co'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 )
	=	-12.692	/	( ( (76.171 - 40.651)	+	(71.211 - 39.87) )	/ 2 )
	=	-12.692	/	( ( 35.52	+	31.341 )	/ 2 )
	=	-12.692	/	33.4305
	=	-37.97 %

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

Guanajuato Silver Co (OTCPK:GSVRF) 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.

Guanajuato Silver Co ROCE % Related Terms

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Guanajuato Silver Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guanajuato Silver Co Ltd (OTCPK:GSVRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

E35B:Germany GSVR:Canada

Address

999 Canada Place, Suite 578, Vancouver, BC, CAN, V6C 3E1

Website

https://www.gsilver.com

Guanajuato Silver Co Ltd is in the business of the acquisition, exploration and evaluation of mining assets. The company holds exploration and evaluation asset interests located in Canada and Mexico.