Resolute Energy (Resolute Energy) ROCE % : -3.47% (As of Sep. 2018)

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What is Resolute Energy 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. Resolute Energy's annualized ROCE % for the quarter that ended in Sep. 2018 was -3.47%.

Resolute Energy ROCE % Historical Data

The historical data trend for Resolute Energy'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.

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Resolute Energy ROCE % Chart

Resolute Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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-11.84

0.24

-85.15

-33.68

7.53

Resolute Energy Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
ROCE %	Get a 7-Day Free Trial															-4.47	4.65	-4.82	3.08	-3.47

Resolute Energy ROCE % Calculation

Resolute Energy's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	31.616	/	( ( (588.373 - 229.973)	+	(641.922 - 160.799) )	/ 2 )
	=	31.616	/	( (358.4	+	481.123)	/ 2 )
	=	31.616	/	419.7615
	=	7.53 %

Resolute Energy's ROCE % of for the quarter that ended in Sep. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2018 )		(Q: Jun. 2018 )		(Q: Sep. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2018 )		(Q: Jun. 2018 )		(Q: Sep. 2018 )
	=	-21.216	/	( ( (826.628 - 232.183)	+	(897.792 - 270.8) )	/ 2 )
	=	-21.216	/	( ( 594.445	+	626.992 )	/ 2 )
	=	-21.216	/	610.7185
	=	-3.47 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

Resolute Energy (OTCPK:RNSGP.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.

Resolute Energy ROCE % Related Terms

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Resolute Energy (Resolute Energy) Business Description

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Address

1700 Lincoln Street, Suite 2800, Denver, CO, USA, 80203

Website

http://www.resoluteenergy.com

Resolute Energy Corp is an independent oil and gas company engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The group primarily operates in Oil, Gas and Natural gas liquids division. The company's operating assets are comprised primarily of properties in the Permian Basin in west Texas and southeast New Mexico and Aneth Field located in the Paradox Basin in the southeast. Geographically all the business activities of the firm are operated through the United States of America. Resolute derives the majority of revenue from oil division.