HyperDynamics (HyperDynamics) ROCE % : -350.34% (As of Jun. 2017)

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What is HyperDynamics 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. HyperDynamics's annualized ROCE % for the quarter that ended in Jun. 2017 was -350.34%.

HyperDynamics ROCE % Historical Data

The historical data trend for HyperDynamics'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.

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HyperDynamics ROCE % Chart

HyperDynamics Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

ROCE %

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-26.25

-52.10

-34.52

-40.20

-310.13

HyperDynamics Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
ROCE %	Get a 7-Day Free Trial															-54.95	-151.59	-219.15	-334.64	-350.34

HyperDynamics ROCE % Calculation

HyperDynamics's annualized ROCE % for the fiscal year that ended in Jun. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2017 )		(A: Jun. 2016 )		(A: Jun. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2017 )		(A: Jun. 2016 )		(A: Jun. 2017 )
	=	-12.371	/	( ( (11.678 - 1.743)	+	(2.725 - 4.682) )	/ 2 )
	=	-12.371	/	( (9.935	+	-1.957)	/ 2 )
	=	-12.371	/	3.989
	=	-310.13 %

HyperDynamics's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2017 )		(Q: Mar. 2017 )		(Q: Jun. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2017 )		(Q: Mar. 2017 )		(Q: Jun. 2017 )
	=	-2.808	/	( ( (5.729 - 2.169)	+	(2.725 - 4.682) )	/ 2 )
	=	-2.808	/	( ( 3.56	+	-1.957 )	/ 2 )
	=	-2.808	/	0.8015
	=	-350.34 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.

HyperDynamics (OTCPK:HDYNQ) 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.

HyperDynamics ROCE % Related Terms

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HyperDynamics (HyperDynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HyperDynamics Corp (OTCPK:HDYNQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079

Website

http://www.hyperdynamics.com

HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.

Executives

Fred S Zeidman	director	109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
David W Wesson	officer: Vice President and CFO	12012 WICKCHESTER LANE, SUITE 475, HOUSTON, TX 77079
David Owen	director
Robert A Solberg	director	ONE SUGAR CREEK CENTER BOULEVARD, SUITE 125, SUGAR LAND TX 77478
Paul C Reinbolt	officer: Executive VP and CFO	12012 WICKCHESTER LANE,, SUITE 475, HOUSTON TX 77079
Steven M Plumb	other: Exiting Filer	5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317

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