OMDA Oil and Gas (OMDA Oil and Gas) ROCE % : 0.00% (As of . 20)

View and export this data going back to . Start your Free Trial

What is OMDA Oil and Gas 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. OMDA Oil and Gas's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

OMDA Oil and Gas ROCE % Historical Data

The historical data trend for OMDA Oil and 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.

* Premium members only.

OMDA Oil and Gas ROCE % Chart

OMDA Oil and Gas Annual Data

Trend

ROCE %

OMDA Oil and Gas Quarterly Data

ROCE %

OMDA Oil and Gas ROCE % Calculation

OMDA Oil and Gas's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

OMDA Oil and Gas's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

OMDA Oil and Gas (OTCPK:OOAG) 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.

OMDA Oil and Gas ROCE % Related Terms

Thank you for viewing the detailed overview of OMDA Oil and Gas's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

OMDA Oil and Gas (OMDA Oil and Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMDA Oil and Gas Inc (OTCPK:OOAG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

108 West 13th Street, Wilmington, DE, USA, 19801

Website

OMDA Oil and Gas Inc is engaged in the business of oil and gas production and lease acquisition.

OMDA Oil and Gas (OMDA Oil and Gas) Headlines

No Headlines