Slave Lake Zinc (XCNQ:SLZ) ROCE % : -47.31% (As of Dec. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Slave Lake Zinc 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. Slave Lake Zinc's annualized ROCE % for the quarter that ended in Dec. 2024 was -47.31%.

Slave Lake Zinc ROCE % Historical Data

The historical data trend for Slave Lake Zinc'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.

Slave Lake Zinc ROCE % Chart

Slave Lake Zinc Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

Get a 7-Day Free Trial

-90.94

-173.75

-139.94

-165.14

-58.36

Slave Lake Zinc Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-50.87	-39.94	-45.98	-56.34	-47.31

Slave Lake Zinc ROCE % Calculation

Slave Lake Zinc's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-0.267	/	( ( (0.818 - 0.223)	+	(0.68 - 0.36) )	/ 2 )
	=	-0.267	/	( (0.595	+	0.32)	/ 2 )
	=	-0.267	/	0.4575
	=	-58.36 %

Slave Lake Zinc's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.176	/	( ( (0.68 - 0.36)	+	(0.676 - 0.252) )	/ 2 )
	=	-0.176	/	( ( 0.32	+	0.424 )	/ 2 )
	=	-0.176	/	0.372
	=	-47.31 %

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

Slave Lake Zinc (XCNQ:SLZ) 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.

Slave Lake Zinc ROCE % Related Terms

Thank you for viewing the detailed overview of Slave Lake Zinc's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Slave Lake Zinc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Slave Lake Zinc Corp (XCNQ:SLZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SLZNF:USA

Address

6284 Reid Road, Chilliwack, BC, CAN, V2R 2M4

Website

https://www.zinccorp.ca

Slave Lake Zinc Corp is a Canadian mineral exploration company. The company is engaged in the acquisition and exploration of mineral property assets located in the Northwest Territories, Canada. Its projects include the O'Connor Lake Property.

Executives

Glen Colin Macdonald	10% Security Holder, Director
Jaskarn Rai	10% Security Holder, Director, Senior Officer
Ritchie John Wigham	10% Security Holder, Director, Senior Officer
Maxwell John Braden	10% Security Holder, Director
Peter Frederick Cummings	Senior Officer