Aya Gold & Silver (TSX:AYA) ROCE % : 1.67% (As of Sep. 2024)

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What is Aya Gold & Silver 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. Aya Gold & Silver's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.67%.

Aya Gold & Silver ROCE % Historical Data

The historical data trend for Aya Gold & Silver'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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Aya Gold & Silver ROCE % Chart

Aya Gold & Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.05

-1.28

5.10

3.60

4.42

Aya Gold & Silver 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															3.99	6.38	-2.82	8.58	1.67

Aya Gold & Silver ROCE % Calculation

Aya Gold & Silver'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 )
	=	12.462	/	( ( (213.018 - 32.931)	+	(446.829 - 62.646) )	/ 2 )
	=	12.462	/	( (180.087	+	384.183)	/ 2 )
	=	12.462	/	282.135
	=	4.42 %

Aya Gold & Silver'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 )
	=	8.68	/	( ( (582.361 - 63.317)	+	(589.744 - 66.713) )	/ 2 )
	=	8.68	/	( ( 519.044	+	523.031 )	/ 2 )
	=	8.68	/	521.0375
	=	1.67 %

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

Aya Gold & Silver (TSX:AYA) 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.

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Aya Gold & Silver Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aya Gold & Silver Inc (TSX:AYA) » Definitions » ROCE %

Comparable Companies

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AYASF:USA 0HE:Germany

Address

1320 Boulevard Graham, Suite 132, Mont-Royal, QC, CAN, H3P 3C8

Website

https://www.ayagoldsilver.com

Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Company also owns a portfolio of exploration projects located along the prospective South-Atlas Fault in Morocco comprised of the Zgounder Regional, Boumadine, Tirzzit, Imiter-bis, Azegour and Amimiz properties and, the Tijirit Gold Project located in Mauritania.

Executives

Alex Ball	Senior Officer
Raphaël Beaudoin	Senior Officer
Ugo Landry-tolszczuk	Senior Officer
Nikolaos Sofronis	Director
Elias Elias	Senior Officer
Elena Clarici	Director

Aya Gold & Silver Headlines

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