URANF (International Prospect Ventures) ROCE % : -178.65% (As of Sep. 2024)

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What is International Prospect Ventures 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. International Prospect Ventures's annualized ROCE % for the quarter that ended in Sep. 2024 was -178.65%.

International Prospect Ventures ROCE % Historical Data

The historical data trend for International Prospect Ventures'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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International Prospect Ventures ROCE % Chart

International Prospect Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-36.06

-41.73

-171.24

-150.84

3.79

International Prospect Ventures Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-95.88	279.31	-201.25	28.81	-178.65

International Prospect Ventures ROCE % Calculation

International Prospect Ventures'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 )
	=	0.011	/	( ( (0.323 - 0.046)	+	(0.444 - 0.141) )	/ 2 )
	=	0.011	/	( (0.277	+	0.303)	/ 2 )
	=	0.011	/	0.29
	=	3.79 %

International Prospect Ventures's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.636	/	( ( (0.5 - 0.067)	+	(0.391 - 0.112) )	/ 2 )
	=	-0.636	/	( ( 0.433	+	0.279 )	/ 2 )
	=	-0.636	/	0.356
	=	-178.65 %

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

International Prospect Ventures (OTCPK:URANF) 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.

International Prospect Ventures ROCE % Related Terms

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International Prospect Ventures Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Prospect Ventures Ltd (OTCPK:URANF) » Definitions » ROCE %

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IZZ:Canada

Address

152 chemin de la Mine Ecole, Val-d’Or, QC, CAN, J9P 7B6

Website

https://www.iprospectventures.ca

International Prospect Ventures Ltd is involved in the process of exploring, evaluating and promoting its mineral properties and other projects. The company's exploration and evaluation assets are located in Canada and Australia. Its projects are Beartooth Island Uranium Project; Pilbara Region Western Australi; West Stewardson Uranium Project Athabasca Basin, Saskatchewan; Otish/Mistassini Project North Central Québec; Elliot Lake Uranium Project Ontario, Canada and Porcupine Miracle Project Langmuir Township, Ontario.

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