ONTRF (Blackrock Oil) ROCE %: -219.05% (As of Jun. 2014)


What is Blackrock Oil ROCE %?

Blackrock Oil ONTRF ROCE % is -219.05% as of Jun. 2014.

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. Blackrock Oil's annualized ROCE % for the quarter that ended in Jun. 2014 was -219.05%.

Blackrock Oil  (OTCPK:ONTRF) 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.

Blackrock Oil ROCE % Related Terms

Blackrock Oil ROCE % Historical Data

* Premium members only.

The historical data trend for Blackrock Oil'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.

Blackrock Oil ROCE % Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
ROCE %
-42.27 20.96 -91.65 -75.13 -219.05

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
ROCE % -42.27 20.96 -91.65 -75.13 -219.05

Blackrock Oil ROCE % Calculation

Blackrock Oil's annualized ROCE % for the fiscal year that ended in Jun. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-0.069/( ( (0.166 - 0.102) + (0.152 - 0.153) )/ 2 )
=-0.069/( (0.064+-0.001)/ 2 )
=-0.069/0.0315
=-219.05 %

Blackrock Oil's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2014 )  (Q: Jun. 2013 )(Q: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2014 )  (Q: Jun. 2013 )(Q: Jun. 2014 )
=-0.069/( ( (0.166 - 0.102) + (0.152 - 0.153) )/ 2 )
=-0.069/( ( 0.064 + -0.001 )/ 2 )
=-0.069/0.0315
=-219.05 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2014) 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 -219.05% mean?
Blackrock Oil (ONTRF) has a ROCE % of -219.05% as of Jun. 2014.
Is Blackrock Oil's ROCE % too high?
Blackrock Oil's current ROCE % is -219.05%.
How does Blackrock Oil's ROCE % compare to WODI and BMMCF?
Blackrock Oil's ROCE % of -219.05% 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. Blackrock Oil's current ROCE % is -219.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) has a current ROCE % of -219.05%. The current ROCE % is -219.05%. 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 Blackrock Oil (ONTRF), the current ROCE % is -219.05% as of Jun. 2014. 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.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.