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TomCo Energy (AQSE:TOM.GB) ROCE % : -11.69% (As of Sep. 2023)


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What is TomCo Energy 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. TomCo Energy's annualized ROCE % for the quarter that ended in Sep. 2023 was -11.69%.


TomCo Energy ROCE % Historical Data

The historical data trend for TomCo 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.

* Premium members only.

TomCo Energy ROCE % Chart

TomCo Energy Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.58 -10.04 -136.33 -9.55 -26.66

TomCo Energy Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROCE % 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 -224.10 -25.72 5.55 -41.81 -11.69

TomCo Energy ROCE % Calculation

TomCo Energy's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-1.509/( ( (7.193 - 1.781) + (6.476 - 0.568) )/ 2 )
=-1.509/( (5.412+5.908)/ 2 )
=-1.509/5.66
=-26.66 %

TomCo Energy's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-0.682/( ( (6.5 - 0.737) + (6.476 - 0.568) )/ 2 )
=-0.682/( ( 5.763 + 5.908 )/ 2 )
=-0.682/5.8355
=-11.69 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

* 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.


TomCo Energy  (AQSE:TOM.GB) 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.


TomCo Energy ROCE % Related Terms

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TomCo Energy (AQSE:TOM.GB) Business Description

Traded in Other Exchanges
Address
60 Circular Road, 2nd Floor, Douglas, IMN, IM1 1SA
TomCo Energy PLC is in the business of developing oil shale leases. It is engaged in deploying the technology on its oil shale leases and other unconventional oil resources for future production. Its subsidiaries are engaged in the holding of oil shale leases and exploration and extraction of oil and gas. It operates in two geographical segments that are United States and the unites kingdom.

TomCo Energy (AQSE:TOM.GB) Headlines

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