GULTU has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
GULTU has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Gulf Coast Ultra Deep Royalty Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.
The historical data trend for Gulf Coast Ultra Deep Royalty Trust'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.
Gulf Coast Ultra Deep Royalty Trust Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
ROCE % | Get a 7-Day Free Trial | 52.50 | 10.74 | 28.92 | 81.53 | -3.98 |
Gulf Coast Ultra Deep Royalty Trust 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 | 106.96 | 40.55 | -44.63 | -36.26 | - |
Gulf Coast Ultra Deep Royalty Trust'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 ) | |||||
= | -0.069 | / | ( ( (2.311 - 0) | + | (1.16 - 0) ) | / 2 ) | |
= | -0.069 | / | ( (2.311 | + | 1.16) | / 2 ) | |
= | -0.069 | / | 1.7355 | ||||
= | -3.98 % |
Gulf Coast Ultra Deep Royalty Trust'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 ) | |||||
= | 0 | / | ( ( (1.145 - 0) | + | (1.16 - 0) ) | / 2 ) | |
= | 0 | / | ( ( 1.145 | + | 1.16 ) | / 2 ) | |
= | 0 | / | 1.1525 | ||||
= | 0.00 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) 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.
Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) 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.
Thank you for viewing the detailed overview of Gulf Coast Ultra Deep Royalty Trust's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Magnolia Oil & Gas Corp | 10 percent owner | NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046 |
Montex Highlander, Llc | 10 percent owner | 420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102 |
Neil S Subin | 10 percent owner | 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996 |
Freeport Mcmoran Copper & Gold Inc | 10 percent owner | 333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004 |
Highlander Oil & Gas Assets Llc | 10 percent owner | NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046 |
Miller Lloyd I Iii | 10 percent owner | |
Mount Kellett Capital Management Lp | 10 percent owner | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Fig Llc | 10 percent owner | 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105 |
Fortress Investment Group Llc | 10 percent owner | 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105 |
Fortress Operating Entity I Lp | 10 percent owner | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Fig Corp. | 10 percent owner | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Fortress Mk Advisors Llc | 10 percent owner | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Leon G Cooperman | 10 percent owner | 7118 MELROSE CASTLE LANE, BOCA RATON FL 33496 |
No Headlines
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.