Strathmore Plus Uranium (Strathmore Plus Uranium) ROCE % : -99.07% (As of Jan. 2024)

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What is Strathmore Plus Uranium 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. Strathmore Plus Uranium's annualized ROCE % for the quarter that ended in Jan. 2024 was -99.07%.

Strathmore Plus Uranium ROCE % Historical Data

The historical data trend for Strathmore Plus Uranium'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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Strathmore Plus Uranium ROCE % Chart

Strathmore Plus Uranium Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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-838.27

Strathmore Plus Uranium Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-266.67	-217.54	-175.77	-235.13	-99.07

Strathmore Plus Uranium ROCE % Calculation

Strathmore Plus Uranium's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-2.913	/	( ( (0.356 - 0.956)	+	(1.761 - 0.466) )	/ 2 )
	=	-2.913	/	( (-0.6	+	1.295)	/ 2 )
	=	-2.913	/	0.3475
	=	-838.27 %

Strathmore Plus Uranium's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-2.236	/	( ( (2.943 - 0.509)	+	(2.616 - 0.536) )	/ 2 )
	=	-2.236	/	( ( 2.434	+	2.08 )	/ 2 )
	=	-2.236	/	2.257
	=	-99.07 %

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

Strathmore Plus Uranium (OTCPK:SUUFF) 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.

Strathmore Plus Uranium ROCE % Related Terms

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Strathmore Plus Uranium (Strathmore Plus Uranium) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Strathmore Plus Uranium Corp (OTCPK:SUUFF) » Definitions » ROCE %

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TO3:Germany SUU:Canada

Address

1620 Dickson Ave, Suite 750, Kelowna, BC, CAN, V1Y 9Y2

Website

https://www.strathmoreplus.com

Strathmore Plus Uranium Corp is uranium explorer based company. The Company operates in one business segment, the exploration, development and evaluation of the projects located in the State of Wyoming.

Strathmore Plus Uranium (Strathmore Plus Uranium) Headlines

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