Hycroft Mining Holding (Hycroft Mining Holding) ROCE % : -41.72% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Hycroft Mining Holding 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. Hycroft Mining Holding's annualized ROCE % for the quarter that ended in Mar. 2024 was -41.72%.

Hycroft Mining Holding ROCE % Historical Data

The historical data trend for Hycroft Mining Holding'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.

* Premium members only.

Hycroft Mining Holding ROCE % Chart

Hycroft Mining Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-46.92

-24.73

-17.34

Hycroft Mining Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-16.57	-17.05	-21.25	-14.00	-41.72

Hycroft Mining Holding ROCE % Calculation

Hycroft Mining Holding'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 )
	=	-37.02	/	( ( (248.954 - 12.033)	+	(201.693 - 11.746) )	/ 2 )
	=	-37.02	/	( (236.921	+	189.947)	/ 2 )
	=	-37.02	/	213.434
	=	-17.34 %

Hycroft Mining Holding'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 )
	=	-70.188	/	( ( (201.693 - 11.746)	+	(152.569 - 6.014) )	/ 2 )
	=	-70.188	/	( ( 189.947	+	146.555 )	/ 2 )
	=	-70.188	/	168.251
	=	-41.72 %

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

Hycroft Mining Holding (NAS:HYMCL) 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.

Hycroft Mining Holding ROCE % Related Terms

Thank you for viewing the detailed overview of Hycroft Mining Holding's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hycroft Mining Holding Corp (NAS:HYMCL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HYMC:USA

Address

4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445

Website

http://www.hycroftmining.com

Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.