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Energy Fuels (TSX:EFR) Return-on-Tangible-Equity : 3.85% (As of Mar. 2024)


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What is Energy Fuels Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Energy Fuels's annualized net income for the quarter that ended in Mar. 2024 was C$19.70 Mil. Energy Fuels's average shareholder tangible equity for the quarter that ended in Mar. 2024 was C$511.43 Mil. Therefore, Energy Fuels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 3.85%.

The historical rank and industry rank for Energy Fuels's Return-on-Tangible-Equity or its related term are showing as below:

TSX:EFR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -81.68   Med: -22.51   Max: 32.28
Current: -2.86

During the past 13 years, Energy Fuels's highest Return-on-Tangible-Equity was 32.28%. The lowest was -81.68%. And the median was -22.51%.

TSX:EFR's Return-on-Tangible-Equity is ranked worse than
65.7% of 172 companies
in the Other Energy Sources industry
Industry Median: 7.915 vs TSX:EFR: -2.86

Energy Fuels Return-on-Tangible-Equity Historical Data

The historical data trend for Energy Fuels's Return-on-Tangible-Equity 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.

Energy Fuels Return-on-Tangible-Equity Chart

Energy Fuels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.04 -19.54 0.69 -23.24 32.28

Energy Fuels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 153.96 -5.42 11.67 -21.22 3.85

Competitive Comparison of Energy Fuels's Return-on-Tangible-Equity

For the Uranium subindustry, Energy Fuels's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Fuels's Return-on-Tangible-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Fuels's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Energy Fuels's Return-on-Tangible-Equity falls into.



Energy Fuels Return-on-Tangible-Equity Calculation

Energy Fuels's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=133.975/( (326.62+503.43 )/ 2 )
=133.975/415.025
=32.28 %

Energy Fuels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=19.704/( (503.43+519.42)/ 2 )
=19.704/511.425
=3.85 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Energy Fuels  (TSX:EFR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Energy Fuels Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Energy Fuels's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Fuels (TSX:EFR) Business Description

Traded in Other Exchanges
Address
225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a United States-based critical minerals company. The Company mines uranium and produces natural uranium concentrates that are sold to nuclear utilities for the production of carbon-free nuclear energy. It holds two of America's key uranium production centers: The White Mesa Mill in Utah, and the Nichols Ranch ISR Facility in Wyoming. Its producing White Mesa Mill is the only conventional uranium mill in the United States and has a licensed capacity of approximately 8 million pounds of U3O8 per year. Nichols Ranch is in production and has a licensed capacity of approximately 2 million pounds of U3O8 per year. It also produces vanadium. Energy Fuels also owns several licensed and developed uranium and vanadium mines on standby and other projects in development.
Executives
James Birks Bovaird Director

Energy Fuels (TSX:EFR) Headlines

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