QEXXF (Quattro Exploration and Production) ROCE %: -10.26% (As of Sep. 2016)

What is Quattro Exploration and Production ROCE %?

Quattro Exploration and Production QEXXF ROCE % is -10.26% as of Sep. 2016.

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. Quattro Exploration and Production's annualized ROCE % for the quarter that ended in Sep. 2016 was -10.26%.

Quattro Exploration and Production (OTCPK:QEXXF) 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.

Quattro Exploration and Production ROCE % Related Terms

Quattro Exploration and Production ROCE % Historical Data

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The historical data trend for Quattro Exploration and Production'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.

Quattro Exploration and Production ROCE % Chart

Quattro Exploration and Production Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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-30.88

1.69

39.49

7.02

-8.14

Quattro Exploration and Production Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
ROCE %	Get a 7-Day Free Trial															1.68	-50.85	0.69	-7.94	-10.26

Quattro Exploration and Production ROCE % Calculation

Quattro Exploration and Production's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	-3.349	/	( ( (47.105 - 6.387)	+	(54.689 - 13.073) )	/ 2 )
	=	-3.349	/	( (40.718	+	41.616)	/ 2 )
	=	-3.349	/	41.167
	=	-8.14 %

Quattro Exploration and Production's ROCE % of for the quarter that ended in Sep. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	-5.356	/	( ( (63.859 - 13.996)	+	(69.601 - 15.109) )	/ 2 )
	=	-5.356	/	( ( 49.863	+	54.492 )	/ 2 )
	=	-5.356	/	52.1775
	=	-10.26 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -10.26% mean?

Quattro Exploration and Production (QEXXF) has a ROCE % of -10.26% as of Sep. 2016.

Is Quattro Exploration and Production's ROCE % too high?

Quattro Exploration and Production's current ROCE % is -10.26%.

How does Quattro Exploration and Production's ROCE % compare to COIL and PVAHQ?

Quattro Exploration and Production's ROCE % of -10.26% 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. Quattro Exploration and Production's current ROCE % is -10.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Quattro Exploration and Production stock overvalued right now?

Quattro Exploration and Production (QEXXF) has a current ROCE % of -10.26%. The current ROCE % is -10.26%. 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 Quattro Exploration and Production (QEXXF), the current ROCE % is -10.26% as of Sep. 2016. 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.

Quattro Exploration and Production Business Description

Industry Energy Oil & Gas

Comparable Companies ASX:SPB TSXV:HPL TSXV:HRH ASX:EMP COIL TSXV:PDQ TSXV:MHI TSXV:MCF TSXV:MET ASX:GRV ASX:CRM PVAHQ ASX:GNM TSXV:SC.H TSXV:ONV CPPXF AREXQ LRDC ASX:OXX TSXV:VGN

Address 1250, 639-5 Avenue South West, Calgary, AB, CAN, T2P 2T3

Website http://www.qxp-petro.com

Quattro Exploration and Production Ltd are principally engaged in the business of exploration and development of oil and natural gas reserves in Western Canada and Central America.