NexGen Energy (PHS:XG) ROCE % : 8.32% (As of Dec. 2023)

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What is NexGen 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. NexGen Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.32%.

NexGen Energy ROCE % Historical Data

The historical data trend for NexGen 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.

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NexGen Energy ROCE % Chart

NexGen Energy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

9.10

-6.60

-4.60

8.32

NexGen Energy Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
ROCE %	9.10	-6.60	-4.60	8.32

NexGen Energy ROCE % Calculation

NexGen Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	26.708	/	( ( (1148.154 - 947.34)	+	(1138.459 - 697.109) )	/ 2 )
	=	26.708	/	( (200.814	+	441.35)	/ 2 )
	=	26.708	/	321.082
	=	8.32 %

NexGen Energy'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	26.708	/	( ( (1148.154 - 947.34)	+	(1138.459 - 697.109) )	/ 2 )
	=	26.708	/	( ( 200.814	+	441.35 )	/ 2 )
	=	26.708	/	321.082
	=	8.32 %

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

NexGen Energy (PHS:XG) 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.

NexGen Energy ROCE % Related Terms

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NexGen Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » NexGen Energy Corp (PHS:XG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

2155 Don Chino Roces Avenue, 3rd floor, JTKC Centre, Brgy. Pio del Pilar, Makati City, PHL

Website

https://www.nexgen-energy.ai/about.html

NexGen Energy Corp is engaged in development and generation of renewable energy resources that include biomass, biogas, hydropower, wind, and solar energy. The company deploys its utility-scale projects in embedded areas to reduce transmission losses and helps Distribution Utilities by introducing high-performance systems, streamlined operations, and focused engineering.

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