Silver Bear Resources Plc ROIC
What is the ROIC of Silver Bear Resources Plc?
The ROIC of Silver Bear Resources Plc is -4.75%
What is the definition of ROIC?
Return on invested capital (ROIC) is a financial ratio that measures how efficient a company is at allocating the capital under its control to profitable investments.
= NOPAT / Invested capital = EBIT * (1 - tax rate) / (2-year average liabilities + 2-year average shareholder equity)
Return on invested capital (ROIC) ratio gives investors a sense of how well a company is using money under its control to generate profitable returns.
ROIC can be used as a benchmark to calculate the valuation of companies across industries. A higher ROIC means the company is doing a better job of investing the money from shareholders and bondholders to run the business. A company is creating value if its ROIC exceeds 2%. If its ROIC is under 2%, the company is likely destroying value and has no excess capital to invest in future growth.
You can calculate ROIC with the following formula:
NOPAT = Net operating profit after tax
Invested Capital = Average total liabilities + Average shareholders' equity
The averages of liabilities and shareholders' equity are calculated as geometrical averages of the last two annual values from the company's balance sheet.
ROIC of companies in the Materials sector on TSX compared to Silver Bear Resources Plc
What does Silver Bear Resources Plc do?
Silver Bear Resources Plc engages in the acquisition, exploration, evaluation, and development of precious metal properties in Russia. The company explores for gold, silver, copper, lead, and zinc deposits. Its principal asset is the Mangazeisky silver project covering a license area of approximately 570 square kilometers located to the north of Yakutsk in the Republic of Sakha. Silver Bear Resources Plc was incorporated in 2017 and is headquartered in London, the United Kingdom.
Companies with roic similar to Silver Bear Resources Plc
- Sunrun has ROIC of -4.78%
- Sunrun has ROIC of -4.78%
- RISE Education Cayman Ltd has ROIC of -4.77%
- Sands China has ROIC of -4.77%
- Woluwe Extension SA has ROIC of -4.77%
- Zicom Electronic Security Systems has ROIC of -4.77%
- Silver Bear Resources Plc has ROIC of -4.75%
- Graphite India has ROIC of -4.75%
- County Capital 2 has ROIC of -4.74%
- Foran Mining has ROIC of -4.74%
- Aberdeen Asian Income Fund has ROIC of -4.73%
- Hexa Tradex has ROIC of -4.73%
- Superloop has ROIC of -4.73%