AOGC (Australian Oil & Gas) ROCE %: -32.02% (As of Mar. 2012)

What is Australian Oil & Gas ROCE %?

Australian Oil & Gas AOGC -99.95% ROCE % is -32.02% as of Mar. 2012.

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. Australian Oil & Gas's annualized ROCE % for the quarter that ended in Mar. 2012 was -32.02%.

Australian Oil & Gas (OTCPK:AOGC) 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.

Australian Oil & Gas ROCE % Related Terms

Australian Oil & Gas ROCE % Historical Data

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The historical data trend for Australian Oil & Gas'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.

Australian Oil & Gas ROCE % Chart

Australian Oil & Gas Annual Data

Trend

Dec02

Dec03

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Dec06

Dec07

Dec08

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Dec11

ROCE %

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-336.63

0.00

107.02

-13.92

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
ROCE %	Get a 7-Day Free Trial															-12.41	-7.76	-20.89	-11.30	-32.02

Australian Oil & Gas ROCE % Calculation

Australian Oil & Gas's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	-0.304	/	( ( (3.092 - 0.123)	+	(1.561 - 0.161) )	/ 2 )
	=	-0.304	/	( (2.969	+	1.4)	/ 2 )
	=	-0.304	/	2.1845
	=	-13.92 %

Australian Oil & Gas's ROCE % of for the quarter that ended in Mar. 2012 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2012 )		(Q: Dec. 2011 )		(Q: Mar. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2012 )		(Q: Dec. 2011 )		(Q: Mar. 2012 )
	=	-0.308	/	( ( (1.561 - 0.161)	+	(1.552 - 1.028) )	/ 2 )
	=	-0.308	/	( ( 1.4	+	0.524 )	/ 2 )
	=	-0.308	/	0.962
	=	-32.02 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2012) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -32.02% mean?

Australian Oil & Gas (AOGC) has a ROCE % of -32.02% as of Mar. 2012.

Is Australian Oil & Gas' ROCE % too high?

Australian Oil & Gas' current ROCE % is -32.02%.

How does Australian Oil & Gas' ROCE % compare to PGNPQ and SOIGF?

Australian Oil & Gas' ROCE % of -32.02% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. 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 6.79, based on 977 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 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Oil & Gas's current ROCE % is -32.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Australian Oil & Gas stock overvalued right now?

Australian Oil & Gas (AOGC) has a current ROCE % of -32.02%. The current ROCE % is -32.02%. 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 Australian Oil & Gas (AOGC), the current ROCE % is -32.02% as of Mar. 2012. 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.

Australian Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies PGNPQ SOIGF MKSEF CEI ORIG GULTU PACD NADL FOEAY PHXHF AWLCF ICD PES ARHVF SDRL GUKYF SDLP TDGCF SBR ATW

Address 500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.