GURFF (Global Uranium) ROCE % : -2,914.29% (As of Jul. 2024)

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What is Global 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. Global Uranium's annualized ROCE % for the quarter that ended in Jul. 2024 was -2,914.29%.

Global Uranium ROCE % Historical Data

The historical data trend for Global 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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Global Uranium ROCE % Chart

Global Uranium Annual Data

Trend

Jan23

Jan24

ROCE %

Global Uranium Semi-Annual Data
	Jan23	Jul23	Jan24	Jul24
ROCE %	-	-	-	-2,914.29

Global Uranium ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	-0.118	/	( ( (0 - 0)	+	(0.089 - 0.118) )	/ 1 )
	=	-0.118	/	( (0	+	-0.029)	/ 1 )
	=	-0.118	/	-0.029
	=	406.90 %

Global Uranium's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Jan. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Jan. 2024 )		(Q: Jul. 2024 )
	=	-1.632	/	( ( (0.089 - 0.118)	+	(0.38 - 0.239) )	/ 2 )
	=	-1.632	/	( ( -0.029	+	0.141 )	/ 2 )
	=	-1.632	/	0.056
	=	-2,914.29 %

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

Global Uranium (OTCPK:GURFF) 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.

Global Uranium ROCE % Related Terms

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Global Uranium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Uranium Corp (OTCPK:GURFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

Q3J:Germany GURN:Canada

Address

1930 – 1177 West Hastings Street, Vancouver, BC, CAN, V6E 4T5

Website

https://www.globaluranium.com

Global Uranium Corp is engaged in the exploration and development of uranium. Its projects include Wing Lake Property and Wyoming Projects.