Americas Gold And Silver (TSX:USA) ROCE % : -39.68% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Americas Gold And Silver 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. Americas Gold And Silver's annualized ROCE % for the quarter that ended in Dec. 2023 was -39.68%.

Americas Gold And Silver ROCE % Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver ROCE % Chart

Americas Gold And Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-20.16

-13.77

-76.05

-25.86

-23.75

Americas Gold And Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-31.06	-21.73	-8.53	-22.33	-39.68

Americas Gold And Silver ROCE % Calculation

Americas Gold And Silver'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 )
	=	-42.99	/	( ( (259.228 - 57.189)	+	(242.143 - 82.115) )	/ 2 )
	=	-42.99	/	( (202.039	+	160.028)	/ 2 )
	=	-42.99	/	181.0335
	=	-23.75 %

Americas Gold And Silver'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 )
	=	-69.18	/	( ( (248.026 - 59.396)	+	(242.143 - 82.115) )	/ 2 )
	=	-69.18	/	( ( 188.63	+	160.028 )	/ 2 )
	=	-69.18	/	174.329
	=	-39.68 %

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

Americas Gold And Silver (TSX:USA) 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.

Americas Gold And Silver ROCE % Related Terms

Thank you for viewing the detailed overview of Americas Gold And Silver's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Americas Gold And Silver (TSX:USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Americas Gold And Silver Corp (TSX:USA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

USAS:USA SZ71:Germany

Address

145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8

Website

https://www.americas-gold.com

Americas Gold And Silver Corp is a mining company is engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico.