Urano Energy (XCNQ:UE) ROCE % : -9.30% (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Urano 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. Urano Energy's annualized ROCE % for the quarter that ended in Sep. 2024 was -9.30%.

Urano Energy ROCE % Historical Data

The historical data trend for Urano 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.

* Premium members only.

Urano Energy ROCE % Chart

Urano Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-3.82

-3.96

-8.64

-8.49

-6.15

Urano Energy 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															-4.55	-7.10	-16.36	-13.46	-9.30

Urano Energy ROCE % Calculation

Urano 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 )
	=	-0.545	/	( ( (13.408 - 0.46)	+	(5.006 - 0.232) )	/ 2 )
	=	-0.545	/	( (12.948	+	4.774)	/ 2 )
	=	-0.545	/	8.861
	=	-6.15 %

Urano Energy'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 )
	=	-0.604	/	( ( (6.77 - 0.206)	+	(6.635 - 0.203) )	/ 2 )
	=	-0.604	/	( ( 6.564	+	6.432 )	/ 2 )
	=	-0.604	/	6.498
	=	-9.30 %

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

Urano Energy (XCNQ:UE) 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.

Urano Energy ROCE % Related Terms

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

Urano Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Urano Energy Corp (XCNQ:UE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UECXF:USA

Address

1771 Robson Street, Suite 1221, Vancouver, BC, CAN, V6G 1C9

Website

https://www.uranoenergy.com

Urano Energy Corp is a mineral exploration company focused on acquiring conventional uranium assets in the United States. The Company holds a portfolio of gold and copper projects in Canada. Its project include Melinda Uranium Project in Utah, The Sun Uranium Project, The Blue Jay Mine Uranium Project, etc.

Executives