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Nuclear Fuels (Nuclear Fuels) ROA % : -31.76% (As of Jun. 2023)


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What is Nuclear Fuels ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nuclear Fuels's annualized Net Income for the quarter that ended in Jun. 2023 was $-0.07 Mil. Nuclear Fuels's average Total Assets over the quarter that ended in Jun. 2023 was $0.23 Mil. Therefore, Nuclear Fuels's annualized ROA % for the quarter that ended in Jun. 2023 was -31.76%.

The historical rank and industry rank for Nuclear Fuels's ROA % or its related term are showing as below:

NFUNF' s ROA % Range Over the Past 10 Years
Min: -15.81   Med: 0   Max: 0
Current: -15.81

NFUNF's ROA % is ranked worse than
83.52% of 182 companies
in the Other Energy Sources industry
Industry Median: 2.21 vs NFUNF: -15.81

Nuclear Fuels ROA % Historical Data

The historical data trend for Nuclear Fuels'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.

Nuclear Fuels ROA % Chart

Nuclear Fuels Annual Data
Trend Mar23
ROA %
-

Nuclear Fuels Semi-Annual Data
Jun22 Jun23
ROA % - -31.76

Competitive Comparison of Nuclear Fuels's ROA %

For the Uranium subindustry, Nuclear Fuels'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.


Nuclear Fuels's ROA % Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where Nuclear Fuels's ROA % falls into.



Nuclear Fuels ROA % Calculation

Nuclear Fuels's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: . 20 )+Total Assets (A: Mar. 2023 ))/ count )
=/( (+)/ )
=/
= %

Nuclear Fuels's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-0.074/( (0+0.233)/ 1 )
=-0.074/0.233
=-31.76 %

* 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 (Jun. 2023) net income data. ROA % is displayed in the 30-year financial page.


Nuclear Fuels  (OTCPK:NFUNF) 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: Jun. 2023 )
=Net Income/Total Assets
=-0.074/0.233
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.074 / 0)*(0 / 0.233)
=Net Margin %*Asset Turnover
=N/A %*0
=-31.76 %

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


Nuclear Fuels ROA % Related Terms

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Nuclear Fuels (Nuclear Fuels) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Nuclear Fuels Inc is a well-funded early-stage exploration company focused on high-grade heavy rare earth elements (REE) and uranium targets in Labrador Canada, as well as district-scale uranium projects with known current and historical 43-101 ISR (In-Situ Recovery) amenable uranium resources in the United States. It holds an option to acquire the LAB Critical Metals property located in Labrador; the largest ISR uranium exploration project in the premiere ISR state: Wyoming, USA and other projects in the United States.

Nuclear Fuels (Nuclear Fuels) Headlines

From GuruFocus

Year End Letter to Shareholders

By PRNewswire 12-22-2023