URZ3 Energy (TSXV:URZ) ROCE % : -1,713.33% (As of Jul. 2024)

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What is URZ3 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. URZ3 Energy's annualized ROCE % for the quarter that ended in Jul. 2024 was -1,713.33%.

URZ3 Energy ROCE % Historical Data

The historical data trend for URZ3 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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URZ3 Energy ROCE % Chart

URZ3 Energy Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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-469.87

-522.19

-238.86

-417.79

URZ3 Energy Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-1,713.33

URZ3 Energy ROCE % Calculation

URZ3 Energy's annualized ROCE % for the fiscal year that ended in Apr. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-1.124	/	( ( (0.23 - 0.893)	+	(0.425 - 0.286) )	/ 2 )
	=	-1.124	/	( (-0.663	+	0.139)	/ 2 )
	=	-1.124	/	-0.262
	=	429.01 %

URZ3 Energy'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: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-1.028	/	( ( (0.425 - 0.286)	+	(0.289 - 0.308) )	/ 2 )
	=	-1.028	/	( ( 0.139	+	-0.019 )	/ 2 )
	=	-1.028	/	0.06
	=	-1,713.33 %

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

URZ3 Energy (TSXV:URZ) 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.

URZ3 Energy ROCE % Related Terms

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URZ3 Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » URZ3 Energy Corp (TSXV:URZ) » Definitions » ROCE %

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NVDEF:USA 28N:Germany

Address

885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8

Website

https://www.nevadaexploration.com

URZ3 Energy Corp is in the business of exploration company focused on gold exploration in Nevada. The company's project includes South Grass Valley, Generative Exploration, Kelly Creek, Awakening. It has a presence in the United States and Canada.

Executives

Dennis Higgs	Director
James Livingstone Buskard	Senior Officer

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