AKVA (Arkanova Energy) ROCE %: 0.00% (As of Sep. 2016)

What is Arkanova Energy ROCE %?

Arkanova Energy AKVA -99.00% ROCE % is 0.00% as of Sep. 2016.

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. Arkanova Energy's annualized ROCE % for the quarter that ended in Sep. 2016 was 0.00%.

Arkanova Energy (OTCPK:AKVA) 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.

Arkanova Energy ROCE % Related Terms

Arkanova Energy ROCE % Historical Data

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The historical data trend for Arkanova Energy'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.

Arkanova Energy ROCE % Chart

Arkanova Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

ROCE %

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0.00

-784.27

0.00

Arkanova Energy Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
ROCE %	Get a 7-Day Free Trial															-283.23	0.00	0.00	0.00	0.00

Arkanova Energy ROCE % Calculation

Arkanova Energy's annualized ROCE % for the fiscal year that ended in Sep. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2016 )		(A: Sep. 2015 )		(A: Sep. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2016 )		(A: Sep. 2015 )		(A: Sep. 2016 )
	=	-3.122	/	( ( (3.653 - 3.444)	+	(0.568 - 4.046) )	/ 2 )
	=	-3.122	/	( (0.209	+	-3.478)	/ 2 )
	=	-3.122	/	-1.6345
	=	191.01 %

Arkanova Energy's ROCE % of for the quarter that ended in Sep. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	-7.98	/	( ( (2.23 - 18.801)	+	(0.568 - 4.046) )	/ 2 )
	=	-7.98	/	( ( -16.571	+	-3.478 )	/ 2 )
	=	-7.98	/	-10.0245
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

Arkanova Energy (AKVA) has a ROCE % of 0.00% as of Sep. 2016.

Is Arkanova Energy's ROCE % too high?

Arkanova Energy's current ROCE % is 0.00%.

How does Arkanova Energy's ROCE % compare to EUENF and ATLS?

Arkanova Energy's ROCE % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

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

The median ROCE % among Oil & Gas companies is 6.86, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arkanova Energy's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Arkanova Energy stock overvalued right now?

Arkanova Energy (AKVA) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Arkanova Energy (AKVA), the current ROCE % is 0.00% as of Sep. 2016. 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.

Arkanova Energy Business Description

Industry Energy Oil & Gas

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Address 3809 Juniper Trace, Suite 201, Austin, TX, USA, 78738

Website https://www.arkanovaenergy.com

Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.