Dolly Varden Silver (TSXV:DV) ROCE % : -11.14% (As of Mar. 2024)

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What is Dolly Varden 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. Dolly Varden Silver's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.14%.

Dolly Varden Silver ROCE % Historical Data

The historical data trend for Dolly Varden 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.

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Dolly Varden Silver ROCE % Chart

Dolly Varden Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-79.69

-44.17

-39.99

-37.82

-35.05

Dolly Varden Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-12.26	-11.93	-76.08	-20.80	-11.14

Dolly Varden Silver ROCE % Calculation

Dolly Varden 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 )
	=	-31.209	/	( ( (100.236 - 4.1)	+	(82.75 - 0.804) )	/ 2 )
	=	-31.209	/	( (96.136	+	81.946)	/ 2 )
	=	-31.209	/	89.041
	=	-35.05 %

Dolly Varden Silver's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-9.592	/	( ( (82.75 - 0.804)	+	(95.458 - 5.218) )	/ 2 )
	=	-9.592	/	( ( 81.946	+	90.24 )	/ 2 )
	=	-9.592	/	86.093
	=	-11.14 %

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

Dolly Varden Silver (TSXV:DV) 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.

Dolly Varden Silver ROCE % Related Terms

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Dolly Varden Silver (TSXV:DV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dolly Varden Silver Corp (TSXV:DV) » Definitions » ROCE %

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DOLLF:USA DVQ1:Germany

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.dollyvardensilver.com

Dolly Varden Silver Corp is a mineral exploration company. The company's primary business is the acquisition, exploration, evaluation, and development of exploration and evaluation assets. It is focused on the exploration of the Dolly Varden Silver property located in Northwestern British Columbia, Canada. The Dolly Varden Project contains the core of the Dolly Varden Mining Camp north of Alice Arm, within the Stewart Complex in northwestern British Columbia. The Dolly Varden Project consists of an area of approximately 8,800 hectares.

Executives

James Anthony Sabala

Director