Jacka Resources (ASX:JKA) ROCE %: -660.00% (As of Dec. 2019)


What is Jacka Resources ROCE %?

Jacka Resources ASX:JKA ROCE % is -660.00% as of Dec. 2019. The stock has 1 warning sign investors should review.

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. Jacka Resources's annualized ROCE % for the quarter that ended in Dec. 2019 was -660.00%.

Jacka Resources  (ASX:JKA) 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.

Jacka Resources ROCE % Related Terms

Jacka Resources ROCE % Historical Data

* Premium members only.

The historical data trend for Jacka Resources'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.

Jacka Resources ROCE % Chart

Jacka Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -148.79 -165.72 -172.20 0.00 -1,100.00

Jacka Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 0.00 0.00 -456.87 -164.38 -660.00

Jacka Resources ROCE % Calculation

Jacka Resources's annualized ROCE % for the fiscal year that ended in Jun. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2019 )  (A: Jun. 2018 )(A: Jun. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2019 )  (A: Jun. 2018 )(A: Jun. 2019 )
=-0.451/( ( (0.856 - 0.965) + (0.3 - 0.109) )/ 2 )
=-0.451/( (-0.109+0.191)/ 2 )
=-0.451/0.041
=-1,100.00 %

Jacka Resources's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2019 )  (Q: Jun. 2019 )(Q: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2019 )  (Q: Jun. 2019 )(Q: Dec. 2019 )
=-0.462/( ( (0.3 - 0.109) + (0.588 - 0.639) )/ 2 )
=-0.462/( ( 0.191 + -0.051 )/ 2 )
=-0.462/0.07
=-660.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2019) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -660.00% mean?
Jacka Resources (ASX:JKA) has a ROCE % of -660.00% as of Dec. 2019.
Is Jacka Resources' ROCE % too high?
Jacka Resources' current ROCE % is -660.00%.
How does Jacka Resources' ROCE % compare to DLTZ and PTCO?
Jacka Resources' ROCE % of -660.00% 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. Jacka Resources's current ROCE % is -660.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacka Resources stock overvalued right now?
Jacka Resources (ASX:JKA) has a current ROCE % of -660.00%. The current ROCE % is -660.00%. 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 Jacka Resources (ASX:JKA), the current ROCE % is -660.00% as of Dec. 2019. 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.

Jacka Resources Business Description

Industry EnergyOil & Gas
Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000
Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.