Paladin Energy (ASX:PDN) ROCE % : 33.14% (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Paladin 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. Paladin Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was 33.14%.

Paladin Energy ROCE % Historical Data

The historical data trend for Paladin 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.

Paladin Energy ROCE % Chart

Paladin Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-7.70

-6.14

-6.77

-7.67

-2.77

Paladin Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.70	-12.88	-2.68	-2.79	33.14

Paladin Energy ROCE % Calculation

Paladin Energy's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-18.989	/	( ( (684.454 - 3.701)	+	(704.84 - 14.28) )	/ 2 )
	=	-18.989	/	( (680.753	+	690.56)	/ 2 )
	=	-18.989	/	685.6565
	=	-2.77 %

Paladin Energy's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	250.374	/	( ( (704.84 - 14.28)	+	(843.052 - 22.486) )	/ 2 )
	=	250.374	/	( ( 690.56	+	820.566 )	/ 2 )
	=	250.374	/	755.563
	=	33.14 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Paladin Energy (ASX:PDN) 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.

Paladin Energy ROCE % Related Terms

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

Paladin Energy (ASX:PDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Paladin Energy Ltd (ASX:PDN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PALAF:USA PUR:Germany

Address

191 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.paladinenergy.com.au

Paladin Energy Ltd is engaged in the production of uranium, and it operates through its various projects that are located in Australia and Africa. The operating segments of the group are Exploration, Namibia, and Australia. The segment activity in Namibia and Malawi is the production and sale of uranium from the mines located in these geographic regions. The projects of the company include Langer Heinrich Mine, Kayelekera, Mount Isa, Michelin, and Manyingee among others. The group has business operations in Australia and internationally.