Victoria Oil & Gas (Victoria Oil & Gas) ROCE % : -12.07% (As of Jun. 2021)

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

What is Victoria Oil & Gas 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. Victoria Oil & Gas's annualized ROCE % for the quarter that ended in Jun. 2021 was -12.07%.

Victoria Oil & Gas ROCE % Historical Data

The historical data trend for Victoria Oil & Gas'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.

Victoria Oil & Gas ROCE % Chart

Victoria Oil & Gas Annual Data

Trend

May11

May12

May13

May14

May15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

Get a 7-Day Free Trial

-22.25

-8.14

-4.85

-147.35

-32.22

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
ROCE %	Get a 7-Day Free Trial															-10.64	-263.63	-27.76	-42.48	-12.07

Victoria Oil & Gas ROCE % Calculation

Victoria Oil & Gas'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 )
	=	-7.188	/	( ( (50.186 - 24.879)	+	(51.085 - 31.771) )	/ 2 )
	=	-7.188	/	( (25.307	+	19.314)	/ 2 )
	=	-7.188	/	22.3105
	=	-32.22 %

Victoria Oil & Gas's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	-2.196	/	( ( (51.085 - 31.771)	+	(46.969 - 29.881) )	/ 2 )
	=	-2.196	/	( ( 19.314	+	17.088 )	/ 2 )
	=	-2.196	/	18.201
	=	-12.07 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

Victoria Oil & Gas (OTCPK:VCOGF) 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.

Victoria Oil & Gas ROCE % Related Terms

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

Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Victoria Oil & Gas PLC (OTCPK:VCOGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY

Website

http://www.victoriaoilandgas.com

Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

Victoria Oil & Gas (Victoria Oil & Gas) Headlines

No Headlines