Silver Hammer Mining (XCNQ:HAMR) ROCE % : -14.13% (As of Dec. 2023)

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What is Silver Hammer Mining 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 Hammer Mining's annualized ROCE % for the quarter that ended in Dec. 2023 was -14.13%.

Silver Hammer Mining ROCE % Historical Data

The historical data trend for Silver Hammer Mining'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 Hammer Mining ROCE % Chart

Silver Hammer Mining Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

ROCE %

-19.35

-40.86

-20.92

-21.74

Silver Hammer Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										-15.22	-13.27	-39.33	-	-14.13

Silver Hammer Mining ROCE % Calculation

Silver Hammer Mining's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-1.946	/	( ( (9.351 - 0.353)	+	(9.431 - 0.524) )	/ 2 )
	=	-1.946	/	( (8.998	+	8.907)	/ 2 )
	=	-1.946	/	8.9525
	=	-21.74 %

Silver Hammer Mining'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1.232	/	( ( (9.431 - 0.524)	+	(9.058 - 0.528) )	/ 2 )
	=	-1.232	/	( ( 8.907	+	8.53 )	/ 2 )
	=	-1.232	/	8.7185
	=	-14.13 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Silver Hammer Mining (XCNQ:HAMR) 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 Hammer Mining ROCE % Related Terms

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Silver Hammer Mining (XCNQ:HAMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Hammer Mining Corp (XCNQ:HAMR) » Definitions » ROCE %

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Traded in Other Exchanges

HAMRF:USA

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.silverhammermining.com

Silver Hammer Mining Corp is engaged in the business of exploration of mineral properties in Canada. Its principal property is the Lacy Property. Its projects include the Silver Strand project, the Eliza silver project, the Silverton silver mine project, and the Lacy project.

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