GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Perpetua Resources Corp (NAS:PPTA) » Definitions » ROE %

Perpetua Resources (Perpetua Resources) ROE % : -21.25% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Perpetua Resources ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Perpetua Resources's annualized net income for the quarter that ended in Dec. 2023 was $-15.47 Mil. Perpetua Resources's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $72.81 Mil. Therefore, Perpetua Resources's annualized ROE % for the quarter that ended in Dec. 2023 was -21.25%.

The historical rank and industry rank for Perpetua Resources's ROE % or its related term are showing as below:

PPTA' s ROE % Range Over the Past 10 Years
Min: -483.34   Med: -33.89   Max: -0.29
Current: -24.03

During the past 13 years, Perpetua Resources's highest ROE % was -0.29%. The lowest was -483.34%. And the median was -33.89%.

PPTA's ROE % is ranked worse than
58.21% of 2479 companies
in the Metals & Mining industry
Industry Median: -15.97 vs PPTA: -24.03

Perpetua Resources ROE % Historical Data

The historical data trend for Perpetua Resources's ROE % 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.

Perpetua Resources ROE % Chart

Perpetua Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.04 -488.26 -42.49 -29.09 -23.74

Perpetua Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 -46.11 -21.91 -39.00 -14.16 -21.25

Competitive Comparison of Perpetua Resources's ROE %

For the Other Precious Metals & Mining subindustry, Perpetua Resources's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Perpetua Resources's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perpetua Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Perpetua Resources's ROE % falls into.



Perpetua Resources ROE % Calculation

Perpetua Resources's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-18.771/( (85.831+72.298)/ 2 )
=-18.771/79.0645
=-23.74 %

Perpetua Resources's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-15.472/( (73.331+72.298)/ 2 )
=-15.472/72.8145
=-21.25 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Perpetua Resources  (NAS:PPTA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-15.472/72.8145
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.472 / 0)*(0 / 84.8815)*(84.8815 / 72.8145)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1657
=ROA %*Equity Multiplier
=N/A %*1.1657
=-21.25 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-15.472/72.8145
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.472 / -15.472) * (-15.472 / -15.652) * (-15.652 / 0) * (0 / 84.8815) * (84.8815 / 72.8145)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9885 * N/A % * 0 * 1.1657
=-21.25 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Perpetua Resources ROE % Related Terms

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


Perpetua Resources (Perpetua Resources) Business Description

Traded in Other Exchanges
Address
405 S 8th Street, Suite 201, Boise, ID, USA, 83702
Perpetua Resources Corp is focused on the exploration, site restoration, and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite Gold Project. The Project is one of the highest-grade, open-pit gold deposits in the United States and is designed to apply a modern, responsible mining approach to restore an abandoned mine site and produce both gold and the only mined source of antimony in the United States. It has one segment, mineral exploration in the United States.
Executives
Chris J Robison director 6363 SOUTH FIDDLER'S GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
L Michael Bogert officer: See remarks. COEUR D'ALENE MINES CORPORATION, 505 FRONT AVENUE, P.O. BOX I, COEUR D'ALENE ID 83816
Laurel Sayer director, officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Michael Stephen Wright officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Alan Douglas Haslam officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Richie Darrin Haddock director 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Jessica Marie Largent officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Tanya Dawn Nelson officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Mckinsey Margaret Lyon officer: See remarks. 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
David Deisley director C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY UT 84111
Laura Dove director 405 S 8TH STREET, SUITE 201, BOISE ID 83702
Marcelo Kim director C/O PAULSON & CO. INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Alexander Mcleod Sternhell director 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Robert Alan Dean director 405 S. 8TH STREET, SUITE 201, BOISE ID 83702
Paulson Partners Lp other: Member of 10% Owner Group 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020