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Silver Mountain Resources (TSXV:AGMR) ROCE % : -7.14% (As of Sep. 2024)


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What is Silver Mountain 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 Mountain Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was -7.14%.


Silver Mountain Resources ROCE % Historical Data

The historical data trend for Silver Mountain 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.

* Premium members only.

Silver Mountain Resources ROCE % Chart

Silver Mountain Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROCE %
-4.74 -15.18 -23.80 -8.95

Silver Mountain Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -12.28 10.49 -10.17 -12.52 -7.14

Silver Mountain Resources ROCE % Calculation

Silver Mountain Resources'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 )
=-3.467/( ( (37.7 - 2.911) + (44.756 - 2.106) )/ 2 )
=-3.467/( (34.789+42.65)/ 2 )
=-3.467/38.7195
=-8.95 %

Silver Mountain Resources'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 )
=-3.36/( ( (51.275 - 3.055) + (50.222 - 4.268) )/ 2 )
=-3.36/( ( 48.22 + 45.954 )/ 2 )
=-3.36/47.087
=-7.14 %

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


Silver Mountain Resources  (TSXV:AGMR) 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 Mountain Resources ROCE % Related Terms

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Silver Mountain Resources Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Silver Mountain Resources Inc is a silver explorer and mine developer. The company is focused on the acquisition, exploration, and development of mines and mineral deposits of the Castrovirreyna project located in Huancavelica, Peru. The group's projects include Reliquias, Greenfields and Dorita.
Executives
Alfredo Carlos Miguel Plenge Thorne Director
Jose Vizquerra Director
Julio Jose Arce Ortiz Director, Director or Senior Officer of 10% Security Holder
Torsten Danne Senior Officer
Jean Pierre Fort Del Rio Senior Officer

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