GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oracle Energy Corp (STU:O2EM) » Definitions » ROCE %

Oracle Energy (STU:O2EM) ROCE % : 0.00% (As of Jun. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Oracle 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. Oracle Energy's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.


Oracle Energy ROCE % Historical Data

The historical data trend for Oracle 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.

* Premium members only.

Oracle Energy ROCE % Chart

Oracle Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -355.56 -

Oracle Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Oracle Energy ROCE % Calculation

Oracle Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.237/( ( (0.077 - 0.125) + (0.006 - 0.437) )/ 2 )
=-0.237/( (-0.048+-0.431)/ 2 )
=-0.237/-0.2395
=98.96 %

Oracle Energy's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-0.22/( ( (0.005 - 0.478) + (0.004 - 0.479) )/ 2 )
=-0.22/( ( -0.473 + -0.475 )/ 2 )
=-0.22/-0.474
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) 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.


Oracle Energy  (STU:O2EM) 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.


Oracle Energy ROCE % Related Terms

Thank you for viewing the detailed overview of Oracle Energy's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Oracle Energy Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1
Oracle Energy Corp is a junior oil and gas development company. It is engaged in acquiring, exploring, and evaluating oil and gas properties and developing these properties further or disposing of them when the evaluation is completed. The company operates in one business segment Oil and gas exploration.

Oracle Energy Headlines

No Headlines