HHSRF (Hi Ho Silver Resources) ROCE %: 0.00% (As of Apr. 2021)

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What is Hi Ho Silver Resources ROCE %?

Hi Ho Silver Resources HHSRF -99.75% ROCE % is 0.00% as of Apr. 2021.

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. Hi Ho Silver Resources's annualized ROCE % for the quarter that ended in Apr. 2021 was 0.00%.

Hi Ho Silver Resources  (OTCPK:HHSRF) 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.

Hi Ho Silver Resources ROCE % Related Terms

Hi Ho Silver Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Hi Ho Silver Resources'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.

Hi Ho Silver Resources ROCE % Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -683.87 0.00

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
ROCE % 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 -10,500.00 0.00 0.00 0.00 0.00

Hi Ho Silver Resources ROCE % Calculation

Hi Ho Silver Resources's annualized ROCE % for the fiscal year that ended in Jul. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2020 )  (A: Jul. 2019 )(A: Jul. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2020 )  (A: Jul. 2019 )(A: Jul. 2020 )
=-0.301/( ( (0.707 - 0.791) + (0.65 - 0.858) )/ 2 )
=-0.301/( (-0.084+-0.208)/ 2 )
=-0.301/-0.146
=206.16 %

Hi Ho Silver Resources's ROCE % of for the quarter that ended in Apr. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2021 )  (Q: Jan. 2021 )(Q: Apr. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2021 )  (Q: Jan. 2021 )(Q: Apr. 2021 )
=-0.464/( ( (0.724 - 1.039) + (0.677 - 0.753) )/ 2 )
=-0.464/( ( -0.315 + -0.076 )/ 2 )
=-0.464/-0.1955
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2021) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Hi Ho Silver Resources (HHSRF) has a ROCE % of 0.00% as of Apr. 2021.
Is Hi Ho Silver Resources' ROCE % too high?
Hi Ho Silver Resources' current ROCE % is 0.00%.
How does Hi Ho Silver Resources' ROCE % compare to competitors?
Hi Ho Silver Resources' ROCE % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Hi Ho Silver Resources's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hi Ho Silver Resources (HHSRF), the current ROCE % is 0.00% as of Apr. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.