Market Cap : 9.98 B | Enterprise Value : 9.99 B | PE Ratio : 199.85 | PB Ratio : 2.58 |
---|
NYSE:CCJ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:CCJ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Cameco's annualized ROCE % for the quarter that ended in Jun. 2022 was 7.18%.
The historical data trend for Cameco'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.
Cameco's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Dec. 2021 ) | (A: Dec. 2020 ) | (A: Dec. 2021 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Dec. 2021 ) | (A: Dec. 2020 ) | (A: Dec. 2021 ) | |||||
= | -33.70625 | / | ( ( (5918.3628698571 - 237.16371301429) | + | (5873.2375 - 323.23671875) ) | / 2 ) | |
= | -33.70625 | / | ( (5681.1991568428 | + | 5550.00078125) | / 2 ) | |
= | -33.70625 | / | 5615.5999690464 | ||||
= | -0.60 % |
Cameco's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Jun. 2022 ) | (Q: Mar. 2022 ) | (Q: Jun. 2022 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Jun. 2022 ) | (Q: Mar. 2022 ) | (Q: Jun. 2022 ) | |||||
= | 396.73227116526 | / | ( ( (5912.6105845182 - 342.99842022117) | + | (5769.8601999375 - 285.89190877851) ) | / 2 ) | |
= | 396.73227116526 | / | ( ( 5569.612164297 | + | 5483.968291159 ) | / 2 ) | |
= | 396.73227116526 | / | 5526.790227728 | ||||
= | 7.18 % |
(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.
* 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.
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.
Thank you for viewing the detailed overview of Cameco's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
From GuruFocus
By Business Wire 03-22-2022
By Marketwired 08-16-2021
By GF Value 05-05-2021
By GlobeNewswire 08-16-2021
By GlobeNewswire 03-09-2021
Other Sources
By tipranks.com 2022-03-23
By Zacks 2021-10-28
By Fool 2021-09-03
By Fool 2021-10-18
By Zacks 2021-12-16
By tipranks.com 2022-02-09
By Zacks 2021-12-31
By Fool 2021-09-15
By Seekingalpha 2022-03-04
By tipranks.com 2022-04-03
By Seekingalpha 2021-10-29
By Zacks 2021-08-13