enCore Energy (TSXV:EU) ROCE % : -20.42% (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is enCore 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. enCore Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.42%.

enCore Energy ROCE % Historical Data

The historical data trend for enCore 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.

enCore Energy ROCE % Chart

enCore Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-19.76

-14.54

-8.25

-9.06

-6.97

enCore Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-11.86	-10.59	-8.33	13.93	-20.42

enCore Energy ROCE % Calculation

enCore 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 )
	=	-25.295	/	( ( (303.664 - 4.933)	+	(435.447 - 8.417) )	/ 2 )
	=	-25.295	/	( (298.731	+	427.03)	/ 2 )
	=	-25.295	/	362.8805
	=	-6.97 %

enCore 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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-86.792	/	( ( (427.498 - 4.571)	+	(435.447 - 8.417) )	/ 2 )
	=	-86.792	/	( ( 422.927	+	427.03 )	/ 2 )
	=	-86.792	/	424.9785
	=	-20.42 %

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

enCore Energy (TSXV:EU) 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.

enCore Energy ROCE % Related Terms

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

enCore Energy (TSXV:EU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » enCore Energy Corp (TSXV:EU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EU:USA 6TU:Germany 6TU:Germany

Address

101 N. Shoreline Boulevard, Suite 450, Corpus Christi, TX, USA, 78401

Website

https://www.encoreuranium.com

enCore Energy Corp together with its subsidiary, is engaged in the acquisition and exploration of resource properties. The company holds the Marquez project in New Mexico as well as the dominant land position in Arizona with additional other properties in Utah and Wyoming. The firm also owns or has access to North American and global uranium data including the Union Carbide, us Smelting and Refining, UV Industries, and Rancher's Exploration databases in addition to a collection of geophysical data for the high-grade Northern Arizona Breccia Pipe District.