Prospera Energy (TSXV:PEI) ROCE % : -8.70% (As of Sep. 2024)

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What is Prospera 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. Prospera Energy's annualized ROCE % for the quarter that ended in Sep. 2024 was -8.70%.

Prospera Energy ROCE % Historical Data

The historical data trend for Prospera 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.

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Prospera Energy ROCE % Chart

Prospera Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.92

89.98

4.58

-19.34

Prospera Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															3.57	-38.05	-4.59	9.22	-8.70

Prospera Energy ROCE % Calculation

Prospera 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 )
	=	-4.237	/	( ( (35.809 - 19.243)	+	(49.168 - 21.91) )	/ 2 )
	=	-4.237	/	( (16.566	+	27.258)	/ 2 )
	=	-4.237	/	21.912
	=	-19.34 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-3.196	/	( ( (48.799 - 19.227)	+	(61.755 - 17.816) )	/ 2 )
	=	-3.196	/	( ( 29.572	+	43.939 )	/ 2 )
	=	-3.196	/	36.7555
	=	-8.70 %

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

Prospera Energy (TSXV:PEI) 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.

Prospera Energy ROCE % Related Terms

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Prospera Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prospera Energy Inc (TSXV:PEI) » Definitions » ROCE %

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GXRFF:USA OF6B:Germany OF6B:Germany

Address

444 - 7th Avenue SW, Suite 730, Calgary, AB, CAN, T2P 0X8

Website

https://www.prosperaenergy.com

Prospera Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas properties in Canada. The company derives revenue from the sales of Petroleum and Natural gas, of which key revenue is derived from the sale of Petroleum. Some of its properties include Red Earth, Pouce Coupe, Luseland, Cuthbert, and Hearts Hill.

Executives

Samuel David	Director, Senior Officer
Vittorio Valsecchi	10% Security Holder
Mark Lacey	Director
Peter Alan Lacey	10% Security Holder
George David Richardson	10% Security Holder
Brian Mcconnell	Director
Savitri Franz	10% Security Holder
Dusan Berka	Director
Daryl Steven Fridhandler	Director
Burkhard Franz	Director, Senior Officer
Sarshar Ahmad	Senior Officer

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