Fission Uranium (Fission Uranium) ROCE % : -2.55% (As of Dec. 2023)

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What is Fission 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. Fission Uranium's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.55%.

Fission Uranium ROCE % Historical Data

The historical data trend for Fission 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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Fission Uranium ROCE % Chart

Fission Uranium Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1.67

-2.71

-1.82

-2.12

-2.10

Fission Uranium Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															0.68	-3.27	-2.31	-0.39	-2.55

Fission Uranium ROCE % Calculation

Fission Uranium'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 )
	=	-6.636	/	( ( (296.933 - 1.081)	+	(337.977 - 1.964) )	/ 2 )
	=	-6.636	/	( (295.852	+	336.013)	/ 2 )
	=	-6.636	/	315.9325
	=	-2.10 %

Fission Uranium's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-8.316	/	( ( (317.399 - 1.492)	+	(337.977 - 1.964) )	/ 2 )
	=	-8.316	/	( ( 315.907	+	336.013 )	/ 2 )
	=	-8.316	/	325.96
	=	-2.55 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Fission Uranium (OTCPK:FCUUF) 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.

Fission Uranium ROCE % Related Terms

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Fission Uranium (Fission Uranium) Business Description

Industry

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

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2FU:Germany FCU:Canada

Address

700 - 1620 Dickson Avenue, Kelowna, BC, CAN, V1Y 9Y2

Website

http://www.fissionuranium.com

Fission Uranium Corp is a junior resource issuer engaged in the growth and advancement of its core asset, the PLS Property, located in Saskatchewan, Canada. It owns interest in the high grade and near surface Triple R uranium deposit, located on the south western edge of Canada's Athabasca Basin. The company released results of a pre feasibility study outlining an underground only mine plan. The Company's principal business activity is the acquisition and development of exploration and evaluation assets.

Fission Uranium (Fission Uranium) Headlines

From GuruFocus

Fission Hires Environment and Regulatory Expert to Lead Environmental Assessment Process

By PRNewswire PRNewswire • 01-23-2023

Fission Announces Changes to the Board of Directors

By GlobeNewswire GlobeNewswire • 05-18-2018

Fission Announces Tier 1 Economics for PLS with Feasibility Study: Lower Initial CAPEX, Increased Mine Life, NPV and IRR

By PRNewswire PRNewswire • 01-17-2023

Fission Uranium Annual General Meeting Voting Results

By GlobeNewswire GlobeNewswire • 06-29-2018

Fission Uranium Corp. to Webcast Live at VirtualInvestorConferences.com May 9th

By PRNewswire PRNewswire • 05-08-2019