Sonde Resources (Sonde Resources) ROCE % : -20.91% (As of Jun. 2014)

View and export this data going back to 1996. Start your Free Trial

What is Sonde Resources 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. Sonde Resources's annualized ROCE % for the quarter that ended in Jun. 2014 was -20.91%.

Sonde Resources ROCE % Historical Data

The historical data trend for Sonde Resources'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.

Sonde Resources ROCE % Chart

Sonde Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

ROCE %

Get a 7-Day Free Trial

-26.32

-33.50

-24.61

-19.37

-14.69

Sonde Resources Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
ROCE %	Get a 7-Day Free Trial															-7.29	-10.23	-19.07	-26.08	-20.91

Sonde Resources ROCE % Calculation

Sonde Resources's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	-18.956	/	( ( (188.408 - 8.006)	+	(88.832 - 11.085) )	/ 2 )
	=	-18.956	/	( (180.402	+	77.747)	/ 2 )
	=	-18.956	/	129.0745
	=	-14.69 %

Sonde Resources's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2014 )		(Q: Mar. 2014 )		(Q: Jun. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2014 )		(Q: Mar. 2014 )		(Q: Jun. 2014 )
	=	-14.492	/	( ( (76.306 - 4.824)	+	(69.904 - 2.796) )	/ 2 )
	=	-14.492	/	( ( 71.482	+	67.108 )	/ 2 )
	=	-14.492	/	69.295
	=	-20.91 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2014) EBIT data.

Sonde Resources (AMEX:SOQDQ) 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.

Sonde Resources ROCE % Related Terms

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

Sonde Resources (Sonde Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sonde Resources Corp (AMEX:SOQDQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Hill NW, P.O. Box 65161, Calgary, AB, CAN, T2N 4T6

Website

http://www.sonderesources.com

Sonde Resources Corp is a Canada-based oil and gas exploration and production company. The company is engaged in the exploration for, and acquisition, development, and production of, petroleum and natural gas with operations in North Africa and Western Canada. Sonde is actively engaged in exploration and development of oil and gas resources throughout the Joint Oil Block in offshore Tunisia and Libya.

Sonde Resources (Sonde Resources) Headlines

No Headlines