XCD Energy (ASX:XCD) ROCE % : -14.87% (As of Dec. 2019)

View and export this data going back to 2004. Start your Free Trial

What is XCD 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. XCD Energy's annualized ROCE % for the quarter that ended in Dec. 2019 was -14.87%.

XCD Energy ROCE % Historical Data

The historical data trend for XCD 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.

XCD Energy ROCE % Chart

XCD Energy Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

ROCE %

Get a 7-Day Free Trial

-36.43

-154.31

-14.52

-16.04

-19.49

XCD Energy Semi-Annual Data
	Jun10	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															-13.28	-18.88	-23.84	-19.49	-14.87

XCD Energy ROCE % Calculation

XCD Energy'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 )
	=	-0.973	/	( ( (4.508 - 0.331)	+	(5.952 - 0.142) )	/ 2 )
	=	-0.973	/	( (4.177	+	5.81)	/ 2 )
	=	-0.973	/	4.9935
	=	-19.49 %

XCD Energy'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 )
	=	-0.978	/	( ( (5.952 - 0.142)	+	(7.597 - 0.251) )	/ 2 )
	=	-0.978	/	( ( 5.81	+	7.346 )	/ 2 )
	=	-0.978	/	6.578
	=	-14.87 %

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

XCD Energy (ASX:XCD) 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.

XCD Energy ROCE % Related Terms

Thank you for viewing the detailed overview of XCD Energy's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

XCD Energy (ASX:XCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » XCD Energy Ltd (ASX:XCD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 35 Outram Street, West Perth, Perth, WA, AUS, 6005

Website

http://www.entekenergy.com.au

XCD Energy Ltd is an oil exploration company focused on early stage exploration assets. The company holds a 100% working Interest in the highly prospective Alaskan North Slope nearby to existing exploration and appraisal activities. Its project consists of Project Peregrine.

XCD Energy (ASX:XCD) Headlines

No Headlines