SLKEF (Silk Energy) ROCE %: -12.57% (As of Sep. 2021)

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What is Silk Energy ROCE %?

Silk Energy SLKEF -99.00% ROCE % is -12.57% as of Sep. 2021.

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. Silk Energy's annualized ROCE % for the quarter that ended in Sep. 2021 was -12.57%.

Silk Energy  (OTCPK:SLKEF) 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.

Silk Energy ROCE % Related Terms

Silk Energy ROCE % Historical Data

* Premium members only.

The historical data trend for Silk 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.

Silk Energy ROCE % Chart

Silk Energy Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.74 -20.17 -1,569.41 0.00 0.00

Silk Energy Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.55 0.00 -51.07 -14.34 -12.57

Silk Energy ROCE % Calculation

Silk Energy's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=0.947/( ( (1.103 - 1.276) + (22.286 - 25.043) )/ 2 )
=0.947/( (-0.173+-2.757)/ 2 )
=0.947/-1.465
=-64.64 %

Silk Energy's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-2.12/( ( (23.241 - 10.169) + (36.333 - 15.661) )/ 2 )
=-2.12/( ( 13.072 + 20.672 )/ 2 )
=-2.12/16.872
=-12.57 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) 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 -12.57% mean?
Silk Energy (SLKEF) has a ROCE % of -12.57% as of Sep. 2021.
Is Silk Energy's ROCE % too high?
Silk Energy's current ROCE % is -12.57%.
How does Silk Energy's ROCE % compare to COP and EOG?
Silk Energy's ROCE % of -12.57% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. 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 6.88, 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 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silk Energy's current ROCE % is -12.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silk Energy stock overvalued right now?
Silk Energy (SLKEF) has a current ROCE % of -12.57%. The current ROCE % is -12.57%. 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 Silk Energy (SLKEF), the current ROCE % is -12.57% as of Sep. 2021. 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.

Silk Energy Business Description

Industry EnergyOil & Gas
Address 66 Wellington Street West, Suite 4100, P.O. Box 35, TD Bank Tower, Toronto, ON, CAN, M5K 1B7
Silk Energy Ltd is a canada based company engaged in the acquisition, exploration and development of mineral properties.