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Gordon Creek Energy (FRA:M2Y1) ROE % : -765.07% (As of Oct. 2015)


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What is Gordon Creek Energy ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gordon Creek Energy's annualized net income for the quarter that ended in Oct. 2015 was €-2.72 Mil. Gordon Creek Energy's average Total Stockholders Equity over the quarter that ended in Oct. 2015 was €0.36 Mil. Therefore, Gordon Creek Energy's annualized ROE % for the quarter that ended in Oct. 2015 was -765.07%.

The historical rank and industry rank for Gordon Creek Energy's ROE % or its related term are showing as below:

FRA:M2Y1's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.69
* Ranked among companies with meaningful ROE % only.

Gordon Creek Energy ROE % Historical Data

The historical data trend for Gordon Creek Energy'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.

Gordon Creek Energy ROE % Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -197.12 - - - -

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 - - - Negative Equity -765.07

Competitive Comparison of Gordon Creek Energy's ROE %

For the Oil & Gas E&P subindustry, Gordon Creek Energy'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.


Gordon Creek Energy's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gordon Creek Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Gordon Creek Energy's ROE % falls into.



Gordon Creek Energy ROE % Calculation

Gordon Creek Energy's annualized ROE % for the fiscal year that ended in Jan. 2015 is calculated as

ROE %=Net Income (A: Jan. 2015 )/( (Total Stockholders Equity (A: Jan. 2014 )+Total Stockholders Equity (A: Jan. 2015 ))/ count )
=-2.24/( (-5.472+-7.395)/ 2 )
=-2.24/-6.4335
=N/A %

Gordon Creek Energy's annualized ROE % for the quarter that ended in Oct. 2015 is calculated as

ROE %=Net Income (Q: Oct. 2015 )/( (Total Stockholders Equity (Q: Jul. 2015 )+Total Stockholders Equity (Q: Oct. 2015 ))/ count )
=-2.716/( (0.613+0.097)/ 2 )
=-2.716/0.355
=-765.07 %

* 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 (Oct. 2015) net income data. ROE % is displayed in the 30-year financial page.


Gordon Creek Energy  (FRA:M2Y1) 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: Oct. 2015 )
=Net Income/Total Stockholders Equity
=-2.716/0.355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.716 / 0.616)*(0.616 / 17.6385)*(17.6385 / 0.355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-440.91 %*0.0349*49.6859
=ROA %*Equity Multiplier
=-15.39 %*49.6859
=-765.07 %

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: Oct. 2015 )
=Net Income/Total Stockholders Equity
=-2.716/0.355
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.716 / -2.716) * (-2.716 / -0.748) * (-0.748 / 0.616) * (0.616 / 17.6385) * (17.6385 / 0.355)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.631 * -121.43 % * 0.0349 * 49.6859
=-765.07 %

Note: The net income data used here is four times the quarterly (Oct. 2015) net income data. The Revenue data used here is four times the quarterly (Oct. 2015) 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.


Gordon Creek Energy ROE % Related Terms

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Gordon Creek Energy (FRA:M2Y1) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

Gordon Creek Energy (FRA:M2Y1) Headlines

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