MILOQ.PFD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
MILOQ.PFD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Miller Energy Resources's annualized ROCE % for the quarter that ended in Jan. 2015 was -213.91%.
The historical data trend for Miller Energy 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.
Miller Energy Resources Annual Data | |||||||||||||||||||||
Trend | Apr05 | Apr06 | Apr07 | Apr08 | Apr09 | Apr10 | Apr11 | Apr12 | Apr13 | Apr14 | |||||||||||
ROCE % | Get a 7-Day Free Trial | 173.21 | -1.86 | -5.65 | -6.22 | -5.81 |
Miller Energy Resources Quarterly Data | ||||||||||||||||||||
Apr10 | Jul10 | Oct10 | Jan11 | Apr11 | Jul11 | Oct11 | Jan12 | Apr12 | Jul12 | Oct12 | Jan13 | Apr13 | Jul13 | Oct13 | Jan14 | Apr14 | Jul14 | Oct14 | Jan15 | |
ROCE % | Get a 7-Day Free Trial | -4.35 | -11.64 | -5.54 | -215.12 | -213.91 |
Miller Energy Resources's annualized ROCE % for the fiscal year that ended in Apr. 2014 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Apr. 2014 ) | (A: Apr. 2013 ) | (A: Apr. 2014 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Apr. 2014 ) | (A: Apr. 2013 ) | (A: Apr. 2014 ) | |||||
= | -35.983 | / | ( ( (572.824 - 26.309) | + | (766.822 - 74.914) ) | / 2 ) | |
= | -35.983 | / | ( (546.515 | + | 691.908) | / 2 ) | |
= | -35.983 | / | 619.2115 | ||||
= | -5.81 % |
Miller Energy Resources's ROCE % of for the quarter that ended in Jan. 2015 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Jan. 2015 ) | (Q: Oct. 2014 ) | (Q: Jan. 2015 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Jan. 2015 ) | (Q: Oct. 2014 ) | (Q: Jan. 2015 ) | |||||
= | -770.132 | / | ( ( (528.819 - 92.168) | + | (392.559 - 109.144) ) | / 2 ) | |
= | -770.132 | / | ( ( 436.651 | + | 283.415 ) | / 2 ) | |
= | -770.132 | / | 360.033 | ||||
= | -213.91 % |
(1) Note: The EBIT data used here is four times the quarterly (Jan. 2015) 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.
Miller Energy Resources (OTCPK:MILOQ.PFD) 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.
Thank you for viewing the detailed overview of Miller Energy Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel Vogel | director | C/O APOLLO MANAGEMENT, L.P., 9 WEST 57TH, NEW YORK NY 10019 |
Apollo Management Holdings Gp, Llc | 10 percent owner | 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
Highbridge Principal Strategies - Specialty Loan Fund Iii, L.p. | 10 percent owner | 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019 |
Jeffrey Fitts | director | C/O MILLER ENERGY RESOURCES, INC., 9721 COGDILL ROAD, SUITE 302, KNOXVILLE TN 37932 |
Apollo Investment Management, L.p. | 10 percent owner | 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808 |
Apollo Investment Corp | 10 percent owner | 9 W. 57TH STREET, NEW YORK NY 10019 |
Highbridge Specialty Loan Sector D Investment Fund, L.p. | 10 percent owner | C/O HIGHBRIDGE PRINCIPAL STRATEGIES, LLC, 40 WEST 57TH STREET, NEW YORK NY 10019 |
Don Dimitrievich | director | C/O MILLER ENERGY RESOURCES, INC., 9721 COGDILL ROAD, SUITE 302, KNOXVILLE TN 37932 |
Gerald Girardi | director | C/O APOLLO MANAGEMENT, L.P., 9 WEST 57TH STREET, NEW YORK NY 10019 |
Apollo Capital Management, L.p. | 10 percent owner | 9 WEST 57TH STREET, NEW YORK NY 10019 |
Apollo Capital Management Gp, Llc | 10 percent owner | 9 WEST 57TH STREET, NEW YORK NY 10019 |
Apollo Management Holdings, L.p. | 10 percent owner | 9 W. 57TH STREET, NEW YORK NY 10019 |
Leland E Tate | officer: Interim COO | 4600 POST OAK PLACE STE 200, HOUSTON TX 77027 |
Phillip G Elliott | officer: SVP and CFO | 9721 COGDILL ROAD, SUITE 302, KNOXVILLE TN 37932 |
Jeffrey R Mcinturff | officer: CAO | 9721 COGDILL ROAD, SUITE 302, KNOXVILLE TN 37932 |
From GuruFocus
By Mallik-Fite Mallik-Fite • 11-08-2011
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.