Silver Lake Resources (Silver Lake Resources) ROCE % : 10.66% (As of Dec. 2023)

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What is Silver Lake Resources 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. Silver Lake Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.66%.

Silver Lake Resources ROCE % Historical Data

The historical data trend for Silver Lake 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.

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Silver Lake Resources ROCE % Chart

Silver Lake Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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2.60

19.41

16.45

10.96

5.30

Silver Lake Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															12.73	10.27	-0.75	11.60	10.66

Silver Lake Resources ROCE % Calculation

Silver Lake Resources's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	43.105	/	( ( (900.474 - 94.078)	+	(900.951 - 81.472) )	/ 2 )
	=	43.105	/	( (806.396	+	819.479)	/ 2 )
	=	43.105	/	812.9375
	=	5.30 %

Silver Lake Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	86.836	/	( ( (900.951 - 81.472)	+	(877.645 - 67.217) )	/ 2 )
	=	86.836	/	( ( 819.479	+	810.428 )	/ 2 )
	=	86.836	/	814.9535
	=	10.66 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Silver Lake Resources (OTCPK:SVLKF) 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.

Silver Lake Resources ROCE % Related Terms

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Silver Lake Resources (Silver Lake Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Lake Resources Ltd (OTCPK:SVLKF) » Definitions » ROCE %

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4SL:Germany SLR:Australia

Address

85 South Perth Esplanade, Suite 4, Level 3, South Shore Centre, South Perth, Perth, WA, AUS, 6151

Website

https://www.silverlakeresources.com.au

Silver Lake Resources Ltd is a gold-producing and exploration company. Its segments include Mount Monger Operation, Sugar Zone Operation, and Deflector Operation which includes Rothsay Project. The Mount Monger Operation produces gold bullion while the Deflector produces gold bullion and gold-copper concentrate. Sugar Zone Operation produces gold bullion and gold concentrate.