GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Salazar Resources Ltd (OTCPK:SRLZF) » Definitions » ROCE %

SRLZF (Salazar Resources) ROCE % : -17.53% (As of Jun. 2024)


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

What is Salazar Resources 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. Salazar Resources's annualized ROCE % for the quarter that ended in Jun. 2024 was -17.53%.

Salazar Resources ROCE % Historical Data

The historical data trend for Salazar Resources'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.

Salazar Resources ROCE % Chart

Salazar Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.57 -6.08 -6.95 -3.72 -9.05

Salazar Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
ROCE % 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 -7.24 -3.66 -16.88 -9.90 -17.53

Salazar Resources ROCE % Calculation

Salazar Resources'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 )
=-1.743/( ( (21.55 - 0.456) + (17.764 - 0.342) )/ 2 )
=-1.743/( (21.094+17.422)/ 2 )
=-1.743/19.258
=-9.05 %

Salazar Resources's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-3.048/( ( (17.404 - 0.306) + (17.872 - 0.199) )/ 2 )
=-3.048/( ( 17.098 + 17.673 )/ 2 )
=-3.048/17.3855
=-17.53 %

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

* 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.

Salazar Resources  (OTCPK:SRLZF) 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.

Salazar Resources ROCE % Related Terms

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

Salazar Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Salazar Resources Ltd (OTCPK:SRLZF) » Definitions » ROCE %
Comparable Companies
TSXV:STE XCNQ:MAXX XCNQ:CSR TSXV:CNX TSXV:MUN TSXV:DLP TSXV:ATY TSXV:LIT XCNQ:PHOS TSXV:RARE ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 SAU:1211 MEX:GMEXICOB ASX:FMG LSE:AAL TSX:TECK.B
Traded in Other Exchanges
CCG:Germany SRL:Canada
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Website
https://www.salazarresources.com
Salazar Resources Ltd is a Canada based junior mineral exploration company engaged in the acquisition and exploration of mineral properties located in Latin America. Its projects include Curipamba and Ruminahui. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets. The Company's exploration and evaluation assets are located in Ecuador and its corporate assets are located in Canada.