Denison Mines (TSX:DML) ROCE % : -18.41% (As of Dec. 2024)

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What is Denison Mines 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. Denison Mines's annualized ROCE % for the quarter that ended in Dec. 2024 was -18.41%.

Denison Mines ROCE % Historical Data

The historical data trend for Denison Mines'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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Denison Mines ROCE % Chart

Denison Mines Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-4.70

5.02

2.09

14.44

-13.72

Denison Mines Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															20.86	-10.91	-9.65	-15.62	-18.41

Denison Mines ROCE % Calculation

Denison Mines's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-91.821	/	( ( (726.603 - 17.946)	+	(663.613 - 33.891) )	/ 2 )
	=	-91.821	/	( (708.657	+	629.722)	/ 2 )
	=	-91.821	/	669.1895
	=	-13.72 %

Denison Mines's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-117.996	/	( ( (671.887 - 19.79)	+	(663.613 - 33.891) )	/ 2 )
	=	-117.996	/	( ( 652.097	+	629.722 )	/ 2 )
	=	-117.996	/	640.9095
	=	-18.41 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Denison Mines (TSX:DML) 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.

Denison Mines ROCE % Related Terms

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Denison Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Denison Mines Corp (TSX:DML) » Definitions » ROCE %

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DNN:USA 0URY:UK IUQ:Germany IUQ:Germany

Address

40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1

Website

https://www.denisonmines.com

Denison Mines Corp is a uranium exploration and development company focused on the Athabasca Basin region of northern Saskatchewan, Canada. The company holds a noteworthy 95% interest in its flagship Wheeler River Uranium Project, the undeveloped uranium project located in the infrastructure-rich eastern part of the Athabasca Basin. Additionally, it is involved in mine decommissioning and environmental services through its Closed Mines group, which manages the Elliot Lake reclamation projects and offers third-party post-closure mine care and maintenance services. The Company operates in two main segments: the Mining segment and the Corporate and Other segment. The majority of revenue is generated from the mining segment.

Executives

Andrew Alan Yackulic	Senior Officer
David Daniel Cates	Director, Senior Officer
Elizabeth Sidle	Senior Officer
Amanda Willett	Senior Officer
David Lionel Bronkhorst	Senior Officer
Michael James Schoonderwoerd	Senior Officer
Timothy Stephen Gabruch	Senior Officer
Patricia Mary Volker	Director
W. Robert Dengler	Director

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