SilverCrest Metals (LTS:0VHI) ROCE % : 29.95% (As of Sep. 2024)

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What is SilverCrest Metals 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. SilverCrest Metals's annualized ROCE % for the quarter that ended in Sep. 2024 was 29.95%.

SilverCrest Metals ROCE % Historical Data

The historical data trend for SilverCrest Metals'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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SilverCrest Metals ROCE % Chart

SilverCrest Metals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-66.10

-43.50

-8.34

12.41

34.13

SilverCrest Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															35.20	32.85	33.71	29.12	29.95

SilverCrest Metals ROCE % Calculation

SilverCrest Metals'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 )
	=	167.307	/	( ( (482.742 - 50.163)	+	(617.369 - 69.459) )	/ 2 )
	=	167.307	/	( (432.579	+	547.91)	/ 2 )
	=	167.307	/	490.2445
	=	34.13 %

SilverCrest Metals'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 )
	=	192.084	/	( ( (682.527 - 47.321)	+	(713.964 - 66.317) )	/ 2 )
	=	192.084	/	( ( 635.206	+	647.647 )	/ 2 )
	=	192.084	/	641.4265
	=	29.95 %

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

SilverCrest Metals (LTS:0VHI) 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.

SilverCrest Metals ROCE % Related Terms

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SilverCrest Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SilverCrest Metals Inc (LTS:0VHI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SILV:USA SILV:Mexico S0C:Germany SIL:Canada

Address

570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1

Website

https://www.silvercrestmetals.com

SilverCrest Metals Inc involves in the exploration, development, and extraction of silver and other precious metals. The company's properties include Las Chispas, Cruz de Mayo, El Picacho and other projects.

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