RISE (Rise Oil & Gas) ROCE %: -65.79% (As of Sep. 2023)


What is Rise Oil & Gas ROCE %?

Rise Oil & Gas RISE ROCE % is -65.79% as of Sep. 2023.

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. Rise Oil & Gas's annualized ROCE % for the quarter that ended in Sep. 2023 was -65.79%.

Rise Oil & Gas  (AMEX:RISE) 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.

Rise Oil & Gas ROCE % Related Terms

Rise Oil & Gas ROCE % Historical Data

* Premium members only.

The historical data trend for Rise 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.

Rise Oil & Gas ROCE % Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -53.07

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial -39.87 -31.75 -117.59 -30.58 -65.79

Rise Oil & Gas ROCE % Calculation

Rise Oil & Gas's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.132/( ( (0.091 - 0.158) + (5.084 - 0.751) )/ 2 )
=-1.132/( (-0.067+4.333)/ 2 )
=-1.132/2.133
=-53.07 %

Rise Oil & Gas's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-2.6/( ( (6.181 - 1.904) + (6.093 - 2.466) )/ 2 )
=-2.6/( ( 4.277 + 3.627 )/ 2 )
=-2.6/3.952
=-65.79 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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 -65.79% mean?
Rise Oil & Gas (RISE) has a ROCE % of -65.79% as of Sep. 2023.
Is Rise Oil & Gas' ROCE % too high?
Rise Oil & Gas' current ROCE % is -65.79%.
How does Rise Oil & Gas' ROCE % compare to ?
Rise Oil & Gas' ROCE % of -65.79% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. 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 6.85, 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 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rise Oil & Gas's current ROCE % is -65.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current ROCE % of -65.79%. The current ROCE % is -65.79%. 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 Rise Oil & Gas (RISE), the current ROCE % is -65.79% as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.