Attis Oil & Gas (LSE:AOGL) ROCE %: 0.00% (As of Jun. 2020)


What is Attis Oil & Gas ROCE %?

Attis Oil & Gas LSE:AOGL ROCE % is 0.00% as of Jun. 2020. The stock has 6 warning signs 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. Attis Oil & Gas's annualized ROCE % for the quarter that ended in Jun. 2020 was 0.00%.

Attis Oil & Gas  (LSE:AOGL) 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.

Attis Oil & Gas ROCE % Related Terms

Attis Oil & Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Attis Oil & Gas'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.

Attis Oil & Gas ROCE % Chart

Attis Oil & Gas Annual Data
Trend Apr11 Apr12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROCE %
Get a 7-Day Free Trial Premium Member Only -181.94 -107.50 -154.16 -80.80 0.00

Attis Oil & Gas Semi-Annual Data
Apr11 Apr12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 -62.00 -26.20 -72.57 -96.93 0.00

Attis Oil & Gas ROCE % Calculation

Attis Oil & Gas's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-1.148/( ( (1.68 - 1.275) + (0.906 - 1.701) )/ 2 )
=-1.148/( (0.405+-0.795)/ 2 )
=-1.148/-0.195
=588.72 %

Attis Oil & Gas's ROCE % of for the quarter that ended in Jun. 2020 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2020 )  (Q: Dec. 2019 )(Q: Jun. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2020 )  (Q: Dec. 2019 )(Q: Jun. 2020 )
=-1.342/( ( (0.906 - 1.701) + (0.962 - 1.044) )/ 2 )
=-1.342/( ( -0.795 + -0.082 )/ 2 )
=-1.342/-0.4385
=0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2020) 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 0.00% mean?
Attis Oil & Gas (LSE:AOGL) has a ROCE % of 0.00% as of Jun. 2020.
Is Attis Oil & Gas' ROCE % too high?
Attis Oil & Gas' current ROCE % is 0.00%.
How does Attis Oil & Gas' ROCE % compare to VKIN?
Attis Oil & Gas' 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. Attis Oil & Gas'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 Attis Oil & Gas stock overvalued right now?
Attis Oil & Gas (LSE:AOGL) 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 Attis Oil & Gas (LSE:AOGL), the current ROCE % is 0.00% as of Jun. 2020. 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.

Attis Oil & Gas Business Description

Industry EnergyOil & Gas
Address Wickhams Cay II, 6th Floor, Ritter House, Tortola, Road Town, VGB, VG 1110
Attis Oil & Gas Ltd is an energy company involved in pursuing a recovery oil strategy focused on re-stimulating wells within mature producing basins.