Peninsula Energy (ASX:PEN) ROCE % : 0.24% (As of Jun. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Peninsula Energy 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. Peninsula Energy's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.24%.

Peninsula Energy ROCE % Historical Data

The historical data trend for Peninsula Energy'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.

* Premium members only.

Peninsula Energy ROCE % Chart

Peninsula Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

Get a 7-Day Free Trial

-2.98

-0.97

-6.80

-4.71

-3.93

Peninsula Energy 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															-3.27	-11.07	1.45	-11.99	0.24

Peninsula Energy ROCE % Calculation

Peninsula Energy'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 )
	=	-9.26	/	( ( (163.928 - 5.972)	+	(321.12 - 7.628) )	/ 2 )
	=	-9.26	/	( (157.956	+	313.492)	/ 2 )
	=	-9.26	/	235.724
	=	-3.93 %

Peninsula Energy's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	0.558	/	( ( (162.625 - 4.974)	+	(321.12 - 7.628) )	/ 2 )
	=	0.558	/	( ( 157.651	+	313.492 )	/ 2 )
	=	0.558	/	235.5715
	=	0.24 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Peninsula Energy (ASX:PEN) 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.

Peninsula Energy ROCE % Related Terms

Thank you for viewing the detailed overview of Peninsula Energy's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Peninsula Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Peninsula Energy Ltd (ASX:PEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PENMD:USA P1M:Germany P1M:Germany P1M:Germany

Address

22 Railway Road, Units 32/33, Level 3, Subiaco, Perth, WA, AUS, 6008

Website

https://www.pel.net.au

Peninsula Energy Ltd is a uranium mining and development company. Its reportable operating segments are; Lance Uranium projects, Wyoming USA; and Corporate/Other. The majority of its revenue comes from the Lance Uranium project through the sale of uranium concentrate.