TSCAF (Tuscany Energy) ROCE %: -155.41% (As of Mar. 2016)

What is Tuscany Energy ROCE %?

Tuscany Energy TSCAF ROCE % is -155.41% as of Mar. 2016.

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. Tuscany Energy's annualized ROCE % for the quarter that ended in Mar. 2016 was -155.41%.

Tuscany Energy (OTCPK:TSCAF) 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.

Tuscany Energy ROCE % Related Terms

Tuscany Energy ROCE % Historical Data

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The historical data trend for Tuscany 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.

Tuscany Energy ROCE % Chart

Tuscany Energy Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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18.07

-8.23

-8.42

-11.95

-30.29

Tuscany Energy Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
ROCE %	Get a 7-Day Free Trial															-25.75	-3.52	-48.89	-53.73	-155.41

Tuscany Energy ROCE % Calculation

Tuscany Energy's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	-4.783	/	( ( (29.052 - 9.347)	+	(19.894 - 8.019) )	/ 2 )
	=	-4.783	/	( (19.705	+	11.875)	/ 2 )
	=	-4.783	/	15.79
	=	-30.29 %

Tuscany Energy's ROCE % of for the quarter that ended in Mar. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2016 )		(Q: Dec. 2015 )		(Q: Mar. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2016 )		(Q: Dec. 2015 )		(Q: Mar. 2016 )
	=	-15.676	/	( ( (19.894 - 8.019)	+	(16.427 - 8.128) )	/ 2 )
	=	-15.676	/	( ( 11.875	+	8.299 )	/ 2 )
	=	-15.676	/	10.087
	=	-155.41 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2016) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -155.41% mean?

Tuscany Energy (TSCAF) has a ROCE % of -155.41% as of Mar. 2016.

Is Tuscany Energy's ROCE % too high?

Tuscany Energy's current ROCE % is -155.41%.

How does Tuscany Energy's ROCE % compare to VTGDF and PESX?

Tuscany Energy's ROCE % of -155.41% 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. Tuscany Energy's current ROCE % is -155.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tuscany Energy stock overvalued right now?

Tuscany Energy (TSCAF) has a current ROCE % of -155.41%. The current ROCE % is -155.41%. 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 Tuscany Energy (TSCAF), the current ROCE % is -155.41% as of Mar. 2016. 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.

Tuscany Energy Business Description

Industry Energy Oil & Gas

Comparable Companies BSE:DAFR VTGDF LSE:TOM PESX SDLPF OSL:DDASA TSX:CET LSE:AAOG TSX:WRG SGX:578 NSE:ABAN XTER:4DS TSX:AKT.A UNT LSE:BLVN OSL:ARCHER ICD ISX:APEX KUW:ABAR OSL:AWDR

Address 1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5

Website http://www.tuscanyenergy.com

Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.