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Lonestar Resources US (Lonestar Resources US) ROCE % : -16.39% (As of Jun. 2021)


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What is Lonestar Resources US 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. Lonestar Resources US's annualized ROCE % for the quarter that ended in Jun. 2021 was -16.39%.


Lonestar Resources US ROCE % Historical Data

The historical data trend for Lonestar Resources US'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.

Lonestar Resources US ROCE % Chart

Lonestar Resources US Annual Data
Trend Jun12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial Premium Member Only -11.00 -10.97 10.12 -13.83 -

Lonestar Resources US Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -1,264.74 -76.12 - -2.90 -16.39

Lonestar Resources US ROCE % Calculation

Lonestar Resources US's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=0/( ( (720.779 - 330.824) + (423.315 - 70.332) )/ 2 )
=0/( (389.955+352.983)/ 2 )
=0/371.469
=0.00 %

Lonestar Resources US's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=-55.544/( ( (429.765 - 83.547) + (446.705 - 115.172) )/ 2 )
=-55.544/( ( 346.218 + 331.533 )/ 2 )
=-55.544/338.8755
=-16.39 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) 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.


Lonestar Resources US  (OTCPK:LONE) 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.


Lonestar Resources US ROCE % Related Terms

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Lonestar Resources US (Lonestar Resources US) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
111 Boland Street, Suite 301, Fort Worth, TX, USA, 76107
Lonestar Resources US Inc is an oil and natural gas company. It focuses on the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas in the Eagle Ford Shale in South Texas. The properties in the Eagle Ford are divided into three distinct regions namely the Western Eagle Ford, Central Eagle Ford, and Eastern Eagle Ford. The vast majority of its revenue is generated from oil sales.

Lonestar Resources US (Lonestar Resources US) Headlines