IsoEnergy (TSXV:ISO) ROCE % : -92.20% (As of Sep. 2023)

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What is IsoEnergy 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. IsoEnergy's annualized ROCE % for the quarter that ended in Sep. 2023 was -92.20%.

IsoEnergy ROCE % Historical Data

The historical data trend for IsoEnergy'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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IsoEnergy ROCE % Chart

IsoEnergy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-4.68

-4.02

-15.28

-18.60

-8.65

IsoEnergy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-54.25	21.20	-22.65	14.26	-92.20

IsoEnergy ROCE % Calculation

IsoEnergy's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-7.697	/	( ( (84.191 - 0.641)	+	(97.115 - 2.622) )	/ 2 )
	=	-7.697	/	( (83.55	+	94.493)	/ 2 )
	=	-7.697	/	89.0215
	=	-8.65 %

IsoEnergy's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-87.636	/	( ( (96.3 - 1.092)	+	(96.74 - 1.84) )	/ 2 )
	=	-87.636	/	( ( 95.208	+	94.9 )	/ 2 )
	=	-87.636	/	95.054
	=	-92.20 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

IsoEnergy (TSXV:ISO) 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.

IsoEnergy ROCE % Related Terms

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IsoEnergy (TSXV:ISO) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » IsoEnergy Ltd (TSXV:ISO) » Definitions » ROCE %

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ISENF:USA I01:Germany

Address

475 2nd Avenue S, Suite 200, Saskatoon, SK, CAN, S7K 1P4

Website

https://www.isoenergy.ca

IsoEnergy Ltd is engaged in the acquisition, exploration, and evaluation of uranium properties in Canada. The company's project profile includes Thorburn Lake, Radio, Geiger, and Larocque East. and others. It primarily operates in Canada.