Uranium Royalty (Uranium Royalty) ROCE % : 5.67% (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Uranium Royalty 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. Uranium Royalty's annualized ROCE % for the quarter that ended in Jan. 2024 was 5.67%.

Uranium Royalty ROCE % Historical Data

The historical data trend for Uranium Royalty'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.

Uranium Royalty ROCE % Chart

Uranium Royalty Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

-1.32

-3.21

-2.69

-4.51

-2.31

Uranium Royalty 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															-3.54	3.05	-3.61	4.46	5.67

Uranium Royalty ROCE % Calculation

Uranium Royalty's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-3.131	/	( ( (141.094 - 0.385)	+	(137.784 - 7.665) )	/ 2 )
	=	-3.131	/	( (140.709	+	130.119)	/ 2 )
	=	-3.131	/	135.414
	=	-2.31 %

Uranium Royalty'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 )
	=	9.924	/	( ( (171.548 - 0.709)	+	(179.751 - 0.594) )	/ 2 )
	=	9.924	/	( ( 170.839	+	179.157 )	/ 2 )
	=	9.924	/	174.998
	=	5.67 %

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

Uranium Royalty (OTCPK:URCWF) 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.

Uranium Royalty ROCE % Related Terms

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

Uranium Royalty (Uranium Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Uranium Royalty Corp (OTCPK:URCWF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UROY:USA 59U:Germany URC:Canada

Address

1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.uraniumroyalty.com

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.