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GUELF (Global Uranium and Enrichment) ROA % : -4.79% (As of Dec. 2023)


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What is Global Uranium and Enrichment ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Global Uranium and Enrichment's annualized Net Income for the quarter that ended in Dec. 2023 was $-1.10 Mil. Global Uranium and Enrichment's average Total Assets over the quarter that ended in Dec. 2023 was $22.93 Mil. Therefore, Global Uranium and Enrichment's annualized ROA % for the quarter that ended in Dec. 2023 was -4.79%.

The historical rank and industry rank for Global Uranium and Enrichment's ROA % or its related term are showing as below:

GUELF' s ROA % Range Over the Past 10 Years
Min: -85.65   Med: -21.81   Max: -4.38
Current: -4.38

During the past 7 years, Global Uranium and Enrichment's highest ROA % was -4.38%. The lowest was -85.65%. And the median was -21.81%.

GUELF's ROA % is ranked worse than
66.12% of 183 companies
in the Other Energy Sources industry
Industry Median: 1.97 vs GUELF: -4.38

Global Uranium and Enrichment ROA % Historical Data

The historical data trend for Global Uranium and Enrichment's ROA % 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.

Global Uranium and Enrichment ROA % Chart

Global Uranium and Enrichment Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial -85.28 -23.55 -47.69 -11.10 -4.26

Global Uranium and Enrichment Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.34 -14.18 -8.60 -4.79 -4.07

Competitive Comparison of Global Uranium and Enrichment's ROA %

For the Uranium subindustry, Global Uranium and Enrichment's ROA %, along with its competitors' market caps and ROA % 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.


Global Uranium and Enrichment's ROA % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Global Uranium and Enrichment's ROA % distribution charts can be found below:

* The bar in red indicates where Global Uranium and Enrichment's ROA % falls into.



Global Uranium and Enrichment ROA % Calculation

Global Uranium and Enrichment's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:

ROA %=Net Income (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=-2.278/( (18.363+22.679)/ 2 )
=-2.278/20.521
=-11.10 %

Global Uranium and Enrichment's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1.098/( (22.679+23.186)/ 2 )
=-1.098/22.9325
=-4.79 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Global Uranium and Enrichment  (OTCPK:GUELF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1.098/22.9325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.098 / 0)*(0 / 22.9325)
=Net Margin %*Asset Turnover
=N/A %*0
=-4.79 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Global Uranium and Enrichment ROA % Related Terms

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Global Uranium and Enrichment Business Description

Traded in Other Exchanges
Address
216 St Georges Terrace, London House, Level 11, Perth, WA, AUS, 6000
Global Uranium and Enrichment Ltd Formerly Okapi Resources Ltd is a mineral exploration company with a specific focus on uranium, gold, and/or base metals exploration within Australia and North America. The company has an interest in Tallahassee Uranium Project; Rattler Uranium Project; Enmore Gold Project; Lake Johnston Project; and Crackerjack Project.