Nuclear Fuels (Nuclear Fuels) ROCE % : -28.32% (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Nuclear Fuels 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. Nuclear Fuels's annualized ROCE % for the quarter that ended in Jun. 2023 was -28.32%.

Nuclear Fuels ROCE % Historical Data

The historical data trend for Nuclear Fuels'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.

Nuclear Fuels ROCE % Chart

Nuclear Fuels Annual Data

Trend

Mar23

ROCE %

Nuclear Fuels Semi-Annual Data
	Jun22	Jun23
ROCE %	-	-28.32

Nuclear Fuels ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: . 20 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: . 20 )		(A: Mar. 2023 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	-0.064	/	( ( (0 - 0)	+	(0.233 - 0.007) )	/ 1 )
	=	-0.064	/	( ( 0	+	0.226 )	/ 1 )
	=	-0.064	/	0.226
	=	-28.32 %

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

Nuclear Fuels (OTCPK:NFUNF) 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.

Nuclear Fuels ROCE % Related Terms

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

Nuclear Fuels (Nuclear Fuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Nuclear Fuels Inc (OTCPK:NFUNF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

NF:Canada

Address

750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8

Website

https://www.nuclearfuels.energy

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