Orpheus Uranium (ASX:ORP) ROCE % : -41.91% (As of Dec. 2023)

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What is Orpheus Uranium ROCE %?

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. Orpheus Uranium's annualized ROCE % for the quarter that ended in Dec. 2023 was -41.91%.

Orpheus Uranium ROCE % Historical Data

The historical data trend for Orpheus Uranium'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.

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Orpheus Uranium ROCE % Chart

Orpheus Uranium Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-44.66

-51.87

-176.42

-226.06

-44.83

Orpheus Uranium Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-319.81	-100.12	-176.19	-41.91	-26.03

Orpheus Uranium ROCE % Calculation

Orpheus Uranium's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-2.238	/	( ( (3.772 - 1.371)	+	(8.146 - 0.563) )	/ 2 )
	=	-2.238	/	( (2.401	+	7.583)	/ 2 )
	=	-2.238	/	4.992
	=	-44.83 %

Orpheus Uranium's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-2.344	/	( ( (3.772 - 1.371)	+	(9.175 - 0.391) )	/ 2 )
	=	-2.344	/	( ( 2.401	+	8.784 )	/ 2 )
	=	-2.344	/	5.5925
	=	-41.91 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Orpheus Uranium (ASX:ORP) ROCE % Explanation

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.

Orpheus Uranium ROCE % Related Terms

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Orpheus Uranium Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orpheus Uranium Ltd (ASX:ORP) » Definitions » ROCE %

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Address

79 King William Road, Unley, SA, AUS, 5061

Website

https://www.orpheusuranium.com

Orpheus Uranium Ltd is an uranium exploration and development company focused on the uranium-friendly jurisdictions of South Australia and the Northern Territory in Australia. Company projects include Frome Project, Radium Hill South Project, Woolshed Project, Mundaerno Project, Marree Project, Mount Douglas Project, IOCG Projects and Other Projects.

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