RZREF (Razor Energy) ROCE %: -10.59% (As of Sep. 2023)

What is Razor Energy ROCE %?

Razor Energy RZREF -99.00% 12 ROCE % is -10.59% as of Sep. 2023. GuruFocus rates RZREF with a GF Score™ of 12/100.

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. Razor Energy's annualized ROCE % for the quarter that ended in Sep. 2023 was -10.59%.

Razor Energy (OTCPK:RZREF) 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.

Razor Energy ROCE % Related Terms

Razor Energy ROCE % Historical Data

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The historical data trend for Razor 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.

Razor Energy ROCE % Chart

Razor Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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8.03

-17.24

-33.85

15.71

-10.64

Razor Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-21.42	-30.83	-51.40	301.02	-10.59

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Razor Energy Corp RZREF

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Razor Energy ROCE % Calculation

Razor Energy'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 )
	=	-9.683	/	( ( (186.848 - 44.702)	+	(147.781 - 107.896) )	/ 2 )
	=	-9.683	/	( (142.146	+	39.885)	/ 2 )
	=	-9.683	/	91.0155
	=	-10.64 %

Razor Energy'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 )
	=	-8.008	/	( ( (138.129 - 49.832)	+	(122.927 - 59.923) )	/ 2 )
	=	-8.008	/	( ( 88.297	+	63.004 )	/ 2 )
	=	-8.008	/	75.6505
	=	-10.59 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -10.59% mean?

Razor Energy (RZREF) has a ROCE % of -10.59% as of Sep. 2023.

Is Razor Energy's ROCE % too high?

Razor Energy's current ROCE % is -10.59%. Overall, Razor Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Razor Energy's ROCE % compare to COP and EOG?

Razor Energy's ROCE % of -10.59% 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. Razor Energy's current ROCE % is -10.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Razor Energy stock overvalued right now?

Razor Energy (RZREF) has a current ROCE % of -10.59%. The current ROCE % is -10.59%. Razor Energy's overall GF Score™ is 12/100. 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 Razor Energy (RZREF), the current ROCE % is -10.59% 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.

Razor Energy Business Description

Industry Energy Oil & Gas

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Address 500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5

Website https://www.razor-energy.com

Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.

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