Sendero Resources (TSXV:SEND) ROCE % : -94.44% (As of Jan. 2025)

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What is Sendero 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. Sendero Resources's annualized ROCE % for the quarter that ended in Jan. 2025 was -94.44%.

Sendero Resources ROCE % Historical Data

The historical data trend for Sendero 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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Sendero Resources ROCE % Chart

Sendero Resources Annual Data

Trend

Jul22

Jul23

Jul24

ROCE %

-21.09

-306.26

Sendero Resources Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
ROCE %	Get a 7-Day Free Trial								-80.43	-429.18	-586.09	-88.23	-94.44

Sendero Resources ROCE % Calculation

Sendero Resources's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-8.41	/	( ( (7.055 - 2.278)	+	(3.471 - 2.756) )	/ 2 )
	=	-8.41	/	( (4.777	+	0.715)	/ 2 )
	=	-8.41	/	2.746
	=	-306.26 %

Sendero Resources's ROCE % of for the quarter that ended in Jan. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2025 )		(Q: Oct. 2024 )		(Q: Jan. 2025 )
	=	-1.428	/	( ( (3.594 - 2.822)	+	(4.681 - 2.429) )	/ 2 )
	=	-1.428	/	( ( 0.772	+	2.252 )	/ 2 )
	=	-1.428	/	1.512
	=	-94.44 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2025) EBIT data.

Sendero Resources (TSXV:SEND) 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.

Sendero Resources ROCE % Related Terms

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Sendero Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sendero Resources Corp (TSXV:SEND) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SRRCF:USA

Address

1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.senderoresources.com

Sendero Resources Corp is a Dynamic exploration company whose only business is the identification of resource properties for exploration and development and its principal asset is its interest in the Penas Negras Property located in north western Argentina in the General La Madrid department in the province of La Rioja.

Executives

Jeremy Gillis	10% Security Holder
Raymond David Harari Benaim	10% Security Holder
Zachary Goldenberg	10% Security Holder
Michael Andrew James Wood	Director, Senior Officer