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Silver Dollar Resources (XCNQ:SLV) ROE % : -3.86% (As of Nov. 2024)


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What is Silver Dollar Resources ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Silver Dollar Resources's annualized net income for the quarter that ended in Nov. 2024 was C$-0.63 Mil. Silver Dollar Resources's average Total Stockholders Equity over the quarter that ended in Nov. 2024 was C$16.35 Mil. Therefore, Silver Dollar Resources's annualized ROE % for the quarter that ended in Nov. 2024 was -3.86%.

The historical rank and industry rank for Silver Dollar Resources's ROE % or its related term are showing as below:

XCNQ:SLV' s ROE % Range Over the Past 10 Years
Min: -42.05   Med: -16.72   Max: -4.59
Current: -4.59

During the past 6 years, Silver Dollar Resources's highest ROE % was -4.59%. The lowest was -42.05%. And the median was -16.72%.

XCNQ:SLV's ROE % is ranked better than
69.02% of 2389 companies
in the Metals & Mining industry
Industry Median: -17.47 vs XCNQ:SLV: -4.59

Silver Dollar Resources ROE % Historical Data

The historical data trend for Silver Dollar Resources's ROE % 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 Dollar Resources ROE % Chart

Silver Dollar Resources Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
ROE %
Get a 7-Day Free Trial -22.04 -37.88 -6.25 -11.40 -5.27

Silver Dollar Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
ROE % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.68 -3.44 -3.56 -7.69 -3.86

Competitive Comparison of Silver Dollar Resources's ROE %

For the Other Industrial Metals & Mining subindustry, Silver Dollar Resources's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Silver Dollar Resources's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Silver Dollar Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Silver Dollar Resources's ROE % falls into.


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Silver Dollar Resources ROE % Calculation

Silver Dollar Resources's annualized ROE % for the fiscal year that ended in Aug. 2024 is calculated as

ROE %=Net Income (A: Aug. 2024 )/( (Total Stockholders Equity (A: Aug. 2023 )+Total Stockholders Equity (A: Aug. 2024 ))/ count )
=-0.831/( (15.894+15.639)/ 2 )
=-0.831/15.7665
=-5.27 %

Silver Dollar Resources's annualized ROE % for the quarter that ended in Nov. 2024 is calculated as

ROE %=Net Income (Q: Nov. 2024 )/( (Total Stockholders Equity (Q: Aug. 2024 )+Total Stockholders Equity (Q: Nov. 2024 ))/ count )
=-0.632/( (15.639+17.07)/ 2 )
=-0.632/16.3545
=-3.86 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Nov. 2024) net income data. ROE % is displayed in the 30-year financial page.


Silver Dollar Resources  (XCNQ:SLV) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-0.632/16.3545
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.632 / 0)*(0 / 16.577)*(16.577 / 16.3545)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0136
=ROA %*Equity Multiplier
=N/A %*1.0136
=-3.86 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=-0.632/16.3545
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.632 / -0.632) * (-0.632 / -0.624) * (-0.624 / 0) * (0 / 16.577) * (16.577 / 16.3545)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0128 * N/A % * 0 * 1.0136
=-3.86 %

Note: The net income data used here is four times the quarterly (Nov. 2024) net income data. The Revenue data used here is four times the quarterly (Nov. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Silver Dollar Resources ROE % Related Terms

Thank you for viewing the detailed overview of Silver Dollar Resources's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Silver Dollar Resources Business Description

Traded in Other Exchanges
Address
179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9
Silver Dollar Resources Inc is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs thereon. Its properties include La Joya Project, Nora Project in Mexico; Longlegged Lake Property and Pakwash Lake Property in Ontario.
Executives
Joseph Jerome Smulders Senior Officer
James Garnet (garry) Clark Director
Blair Lawrence Naughty 10% Security Holder

Silver Dollar Resources Headlines

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