Silver Standard Resources Inc. ROIC

ROIC of SSRM for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.

Highlights and Quick Summary

  • Annual ROIC for 2020 was 4.15% (a -53.37% decrease from previous year)
  • Annual ROIC for 2019 was 8.9% (a 269.29% increase from previous year)
  • Annual ROIC for 2018 was 2.41% (a -74.97% decrease from previous year)
  • Twelve month ROIC ending March 30, 2021 was 5.36% (a 28.85% increase compared to previous quarter)
  • Twelve month trailing ROIC decreased by -34.39% year-over-year
Trailing ROIC for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
5.36% 4.16% 2.53% 8.17%
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Historical ROIC of Silver Standard Resources Inc.

Most recent ROICof SSRM including historical data for past 10 years.

Interactive Chart of ROIC of Silver Standard Resources Inc.

Silver Standard Resources Inc. ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 4.15%
2019 8.9%
2018 2.41%
2017 9.63%
2016 10.93%
2015 -12.35%
2014 -6.66%
2013 -2.87%
2012 0.93%
2011 1.89%
2010 -0.94%

Business Profile of Silver Standard Resources Inc.

Sector: Basic Materials
Industry: Gold
SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan, Turkey; the Marigold mine located in Humboldt and Lander Counties, Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Vancouver, Canada.