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Sprott Physical Uranium Trust (TSX:U.UN) Return-on-Tangible-Equity : -9.57% (As of Dec. 2022)


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What is Sprott Physical Uranium Trust 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. Sprott Physical Uranium Trust's annualized net income for the quarter that ended in Dec. 2022 was C$-366.43 Mil. Sprott Physical Uranium Trust's average shareholder tangible equity for the quarter that ended in Dec. 2022 was C$3,828.65 Mil. Therefore, Sprott Physical Uranium Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was -9.57%.

The historical rank and industry rank for Sprott Physical Uranium Trust's Return-on-Tangible-Equity or its related term are showing as below:

TSX:U.UN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -36.54   Med: -0.69   Max: 60.58
Current: 3.9

During the past 13 years, Sprott Physical Uranium Trust's highest Return-on-Tangible-Equity was 60.58%. The lowest was -36.54%. And the median was -0.69%.

TSX:U.UN's Return-on-Tangible-Equity is ranked worse than
56.98% of 172 companies
in the Other Energy Sources industry
Industry Median: 10.23 vs TSX:U.UN: 3.90

Sprott Physical Uranium Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Sprott Physical Uranium Trust'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.

Sprott Physical Uranium Trust Return-on-Tangible-Equity Chart

Sprott Physical Uranium Trust Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.74 -9.30 6.64 11.15 60.58

Sprott Physical Uranium Trust Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Jun22 Dec22 Dec23
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 35.66 -21.39 37.56 -9.57 -

Competitive Comparison of Sprott Physical Uranium Trust's Return-on-Tangible-Equity

For the Uranium subindustry, Sprott Physical Uranium Trust'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.


Sprott Physical Uranium Trust's Return-on-Tangible-Equity Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where Sprott Physical Uranium Trust's Return-on-Tangible-Equity falls into.



Sprott Physical Uranium Trust Return-on-Tangible-Equity Calculation

Sprott Physical Uranium Trust'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 )
=3529.338/( (3906.664+7744.778 )/ 2 )
=3529.338/5825.721
=60.58 %

Sprott Physical Uranium Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=-366.43/( (3750.627+3906.664)/ 2 )
=-366.43/3828.6455
=-9.57 %

* 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 two times the semi-annual (Dec. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sprott Physical Uranium Trust  (TSX:U.UN) 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.


Sprott Physical Uranium Trust Return-on-Tangible-Equity Related Terms

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Sprott Physical Uranium Trust (TSX:U.UN) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Royal Bank Plaza, South Tower, Suite 2600, Toronto, ON, CAN, M5J 2J1
Sprott Physical Uranium Trust is an investment company managed by Denison Mines Inc. Its primary interest lies in investing in Uranium based assets, including uranium oxide and uranium hexafluoride. The company stores its uranium deposits at uranium conversion facilities.

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