Trinidad and Tobago NGL (TRN:NGL) ROCE %: 0.00% (As of . 20)

What is Trinidad and Tobago NGL ROCE %?

Trinidad and Tobago NGL TRN:NGL -2.90% 39 ROCE % is 0.00% as of . 20. GuruFocus rates TRN:NGL with a GF Score™ of 39/100. The stock has 1 warning sign investors should review.

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. Trinidad and Tobago NGL's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Trinidad and Tobago NGL (TRN:NGL) 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.

Trinidad and Tobago NGL ROCE % Related Terms

Trinidad and Tobago NGL ROCE % Historical Data

* Premium members only.

The historical data trend for Trinidad and Tobago NGL'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.

Trinidad and Tobago NGL ROCE % Chart

Trinidad and Tobago NGL Annual Data

Trend

ROCE %

Trinidad and Tobago NGL Semi-Annual Data

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39GF Score

Trinidad and Tobago NGL Ltd TRN:NGL

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Trinidad and Tobago NGL ROCE % Calculation

Trinidad and Tobago NGL's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Trinidad and Tobago NGL's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

Trinidad and Tobago NGL (TRN:NGL) has a ROCE % of 0.00% as of . 20.

Is Trinidad and Tobago NGL's ROCE % too high?

Trinidad and Tobago NGL's current ROCE % is 0.00%. Overall, Trinidad and Tobago NGL has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.

How does Trinidad and Tobago NGL's ROCE % compare to ?

Trinidad and Tobago NGL's ROCE % of 0.00% 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. Trinidad and Tobago NGL's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Trinidad and Tobago NGL stock overvalued right now?

Trinidad and Tobago NGL (TRN:NGL) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Trinidad and Tobago NGL's overall GF Score™ is 39/100 with 1 warning sign to review. 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 Trinidad and Tobago NGL (TRN:NGL), the current ROCE % is 0.00% as of . 20. 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.

Trinidad and Tobago NGL Business Description

Industry Energy Oil & Gas

Comparable Companies

Address Orinoco Drive, Point Lisas Industrial Estate, Point Lisas, Couva, TTO

Website https://www.ngl.co.tt

Trinidad and Tobago NGL Ltd along with Phoenix Park Gas Processors Ltd operates in the midstream of the natural gas-based energy sector. The company purchases, transmits, sells, and distributes natural gas to industrial and commercial users.

39GF Score

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