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Centrus Energy (STU:4CU) ROCE % : -10.34% (As of Mar. 2024)


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What is Centrus 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. Centrus Energy's annualized ROCE % for the quarter that ended in Mar. 2024 was -10.34%.


Centrus Energy ROCE % Historical Data

The historical data trend for Centrus 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.

Centrus Energy ROCE % Chart

Centrus Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.60 42.38 93.55 32.20 29.14

Centrus Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.06 21.21 1.32 73.47 -10.34

Centrus Energy ROCE % Calculation

Centrus 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 )
=78.679/( ( (665.992 - 424.045) + (730.115 - 431.999) )/ 2 )
=78.679/( (241.947+298.116)/ 2 )
=78.679/270.0315
=29.14 %

Centrus Energy's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-29.44/( ( (730.115 - 431.999) + (690 - 418.784) )/ 2 )
=-29.44/( ( 298.116 + 271.216 )/ 2 )
=-29.44/284.666
=-10.34 %

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

* 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.


Centrus Energy  (STU:4CU) 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.


Centrus Energy ROCE % Related Terms

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Centrus Energy (STU:4CU) Business Description

Traded in Other Exchanges
Address
6901 Rockledge Drive, Suite 800, Bethesda, MD, USA, 20817
Centrus Energy Corp is engaged in the supply of nuclear fuel and services for the nuclear power industry. It operates through the Low-Enriched Uranium (LEU) and Technical solutions segments. The LEU segment has two components which include the sale of separative work units and uranium. The Technical Solutions segment provides advanced engineering, design, and manufacturing services to government and private sector customers. The majority of the firm's revenue gets derived from the LEU segment. It has a business presence in the U.S. and other countries, of which prime revenue is generated in the U.S.

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