Sacgasco (Sacgasco) ROCE % : 80.03% (As of Dec. 2023)

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What is Sacgasco 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. Sacgasco's annualized ROCE % for the quarter that ended in Dec. 2023 was 80.03%.

Sacgasco ROCE % Historical Data

The historical data trend for Sacgasco'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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Sacgasco ROCE % Chart

Sacgasco Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-306.19

-314.60

-57.89

-10.37

11.70

Sacgasco Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-28.56	-19.27	-1.28	-18.09	80.03

Sacgasco ROCE % Calculation

Sacgasco'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 )
	=	0.933	/	( ( (18.609 - 5.221)	+	(15.652 - 13.096) )	/ 2 )
	=	0.933	/	( (13.388	+	2.556)	/ 2 )
	=	0.933	/	7.972
	=	11.70 %

Sacgasco'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	3.672	/	( ( (20.966 - 14.345)	+	(15.652 - 13.096) )	/ 2 )
	=	3.672	/	( ( 6.621	+	2.556 )	/ 2 )
	=	3.672	/	4.5885
	=	80.03 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Sacgasco (OTCPK:SGCSF) 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.

Sacgasco ROCE % Related Terms

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Sacgasco (Sacgasco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sacgasco Ltd (OTCPK:SGCSF) » Definitions » ROCE %

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Traded in Other Exchanges

21K:Germany SGC:Australia

Address

210 Bagot Road, Level 2, Subiaco, WA, AUS, WA 6008

Website

https://www.sacgasco.com

Sacgasco Ltd is an Australia based company primarily involved in the evaluation, acquisition, exploration and development of natural gas and petroleum projects. It operates in the operating segment of Oil and gas exploration and appraisal. The company is appraising, developing and producing clean natural gas in the Sacramento Basin, onshore California. The project of the company are Dempsey Project, Alvares Project, Malton Project, Dutch Slough Gas Project and others.

Sacgasco (Sacgasco) Headlines

From GuruFocus

Sacgasco Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

By GuruFocus Research • 03-01-2024