ERHE (ERHC Energy) ROCE %: 0.00% (As of Jun. 2017)

What is ERHC Energy ROCE %?

ERHC Energy ERHE ROCE % is 0.00% as of Jun. 2017.

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. ERHC Energy's annualized ROCE % for the quarter that ended in Jun. 2017 was 0.00%.

ERHC Energy (OTCPK:ERHE) 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.

ERHC Energy ROCE % Related Terms

ERHC Energy ROCE % Historical Data

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The historical data trend for ERHC 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.

ERHC Energy ROCE % Chart

ERHC Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

ROCE %

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-25.23

-38.86

-22.18

-106.25

0.00

ERHC Energy Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
ROCE %	Get a 7-Day Free Trial															-617.97	0.00	0.00	0.00	0.00

ERHC Energy ROCE % Calculation

ERHC 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 )
	=	-11.691	/	( ( (7.326 - 4.646)	+	(6.223 - 13.066) )	/ 2 )
	=	-11.691	/	( (2.68	+	-6.843)	/ 2 )
	=	-11.691	/	-2.0815
	=	561.66 %

ERHC Energy's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2017 )		(Q: Mar. 2017 )		(Q: Jun. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2017 )		(Q: Mar. 2017 )		(Q: Jun. 2017 )
	=	-0.304	/	( ( (5.559 - 13.735)	+	(5.559 - 13.925) )	/ 2 )
	=	-0.304	/	( ( -8.176	+	-8.366 )	/ 2 )
	=	-0.304	/	-8.271
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2017) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

ERHC Energy (ERHE) has a ROCE % of 0.00% as of Jun. 2017.

Is ERHC Energy's ROCE % too high?

ERHC Energy's current ROCE % is 0.00%.

How does ERHC Energy's ROCE % compare to AKVA and UNIGF?

ERHC Energy's ROCE % of 0.00% 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. ERHC 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 ERHC Energy stock overvalued right now?

ERHC Energy (ERHE) 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 ERHC Energy (ERHE), the current ROCE % is 0.00% as of Jun. 2017. 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.

ERHC Energy Business Description

Industry Energy Oil & Gas

Comparable Companies AKVA UNIGF BRZV CWLXF BYIN JKXOY IFNY GDPMQ GPIPF EMPR HEXPF DRKOF UERLF PTRDF ARSLF DBRM ALTX EXNT CNENF EMBYF

Address 5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056

Website https://www.erhc.com

ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.