Nano Nuclear Energy (Nano Nuclear Energy) ROCE % : -72.87% (As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Nano Nuclear 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. Nano Nuclear Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was -72.87%.

Nano Nuclear Energy ROCE % Historical Data

The historical data trend for Nano Nuclear 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.

Nano Nuclear Energy ROCE % Chart

Nano Nuclear Energy Annual Data

Trend

Sep22

Sep23

ROCE %

-137.82

Nano Nuclear Energy Quarterly Data
	Sep22	Dec22	Sep23	Dec23
ROCE %	-	-129.73	-	-72.87

Nano Nuclear Energy ROCE % Calculation

Nano Nuclear Energy's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	-6.283	/	( ( (2.247 - 0.138)	+	(7.234 - 0.225) )	/ 2 )
	=	-6.283	/	( (2.109	+	7.009)	/ 2 )
	=	-6.283	/	4.559
	=	-137.82 %

Nano Nuclear 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 )
	=	-5.396	/	( ( (7.234 - 0.225)	+	(8.244 - 0.443) )	/ 2 )
	=	-5.396	/	( ( 7.009	+	7.801 )	/ 2 )
	=	-5.396	/	7.405
	=	-72.87 %

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

Nano Nuclear Energy (NAS:NNE) 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.

Nano Nuclear Energy ROCE % Related Terms

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

Nano Nuclear Energy (Nano Nuclear Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nano Nuclear Energy Inc (NAS:NNE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Times Square, 30th Floor, New York, NY, USA, 10018

Website

https://nanonuclearenergy.com

Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Nano Nuclear Energy (Nano Nuclear Energy) Headlines

From GuruFocus

NANO Nuclear Energy Announces Pricing of Initial Public Offering

By Marketwired • 05-08-2024