KDKN (Kodiak Energy) ROC %: -8.84% (As of Sep. 2011)

What is Kodiak Energy ROC %?

Kodiak Energy KDKN -90.00% ROC % is -8.84% as of Sep. 2011.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Kodiak Energy's annualized return on capital (ROC %) for the quarter that ended in Sep. 2011 was -8.84%.

As of today (2026-06-25), Kodiak Energy's WACC % is 0.00%. Kodiak Energy's ROC % is 0.00% (calculated using TTM income statement data). Kodiak Energy earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Kodiak Energy (OTCPK:KDKN) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Kodiak Energy's WACC % is 0.00%. Kodiak Energy's ROC % is 0.00% (calculated using TTM income statement data). Kodiak Energy earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Kodiak Energy ROC % Related Terms

Kodiak Energy ROC % Historical Data

* Premium members only.

The historical data trend for Kodiak Energy's ROC % 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.

Kodiak Energy ROC % Chart

Kodiak Energy Annual Data

Trend

Mar01

Mar02

Mar03

Mar04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

ROC %

Get a 7-Day Free Trial

-332.48

-21.27

-6.95

-58.17

-21.15

Kodiak Energy Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
ROC %	Get a 7-Day Free Trial															-9.23	-12.16	-21.74	-15.93	-8.84

Kodiak Energy ROC % Calculation

Kodiak Energy's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2010 is calculated as:

	ROC % (A: Dec. 2010 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2009 )	+	Invested Capital (A: Dec. 2010 ))	/ count )
=	-6.837 * ( 1 - 0% )	/	( (33.004	+	31.64)	/ 2 )
=	-6.837	/	32.322
=	-21.15 %

where

	Invested Capital		(A: Dec. 2009 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	31.658	-	2.549	-	( 0	-	max(0, 4.452	-	0.557	+	0	))
=	33.004

	Invested Capital		(A: Dec. 2010 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	29.515	-	2.732	-	( 0	-	max(0, 5.607	-	0.75	+	0	))
=	31.64

Kodiak Energy's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2011 is calculated as:

	ROC % (Q: Sep. 2011 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2011 )	+	Invested Capital (Q: Sep. 2011 ))	/ count )
=	-3.184 * ( 1 - 0% )	/	( (36.835	+	35.2)	/ 2 )
=	-3.184	/	36.0175
=	-8.84 %

where

	Invested Capital		(Q: Jun. 2011 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	34.46	-	4.581	-	( 0	-	max(0, 7.87	-	0.914	+	0	))
=	36.835

	Invested Capital		(Q: Sep. 2011 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	32.191	-	4.531	-	( 0	-	max(0, 8.417	-	0.877	+	0	))
=	35.2

Note: The Operating Income data used here is four times the quarterly (Sep. 2011) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -8.84% mean?

Kodiak Energy (KDKN) has a ROC % of -8.84% as of Sep. 2011. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Kodiak Energy and its competitors.

Is Kodiak Energy's ROC % too high?

Kodiak Energy's current ROC % is -8.84%.

How does Kodiak Energy's ROC % compare to CPPXF and PVAHQ?

Kodiak Energy's ROC % of -8.84% can be compared against companies in the Oil & Gas industry. The industry median ROC % is 3.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for an Oil & Gas company?

The median ROC % among Oil & Gas companies is 3.63, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Kodiak Energy and its competitors. For the Oil & Gas industry, the median ROC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodiak Energy's current ROC % is -8.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kodiak Energy stock overvalued right now?

Kodiak Energy (KDKN) has a current ROC % of -8.84%. The current ROC % is -8.84%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For Kodiak Energy (KDKN), the current ROC % is -8.84% as of Sep. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kodiak Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:ATI MIC:GTLC TSXV:CEY.H FRA:HQN TSXV:HOC TSXV:IFR TSXV:NZ ASX:E2E XPAR:MLSEQ TSXV:EBY ASX:XCD TSXV:PLX CPPXF TSXV:ONV ASX:GBP XCNQ:SQX XCNQ:JBR TSXV:HOIL.H TSXV:SC.H PVAHQ

Address 833 4th Avenue SouthWest, Suite 1120, Calgary, AB, CAN, T2P 3T5

Website http://www.kodiakpetroleum.com

Kodiak Energy Inc is an exploration stage oil and gas company that devotes its efforts in exploring for natural resources and in acquiring properties that are prospective for petroleum and natural gas and related hydrocarbons.