Trillion Energy International (XCNQ:TCF) ROCE % : 16.75% (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Trillion Energy International 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. Trillion Energy International's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.75%.

Trillion Energy International ROCE % Historical Data

The historical data trend for Trillion Energy International'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.

Trillion Energy International ROCE % Chart

Trillion Energy International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-31.21

-63.77

-97.01

-39.34

8.96

Trillion Energy International 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															101.22	-60.74	27.72	21.82	16.75

Trillion Energy International ROCE % Calculation

Trillion Energy International'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 )
	=	4.034	/	( ( (50.289 - 15.006)	+	(78.631 - 23.874) )	/ 2 )
	=	4.034	/	( (35.283	+	54.757)	/ 2 )
	=	4.034	/	45.02
	=	8.96 %

Trillion Energy International'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 )
	=	8.112	/	( ( (87.893 - 39.821)	+	(89.615 - 40.801) )	/ 2 )
	=	8.112	/	( ( 48.072	+	48.814 )	/ 2 )
	=	8.112	/	48.443
	=	16.75 %

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

Trillion Energy International (XCNQ:TCF) 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.

Trillion Energy International ROCE % Related Terms

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

Trillion Energy International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trillion Energy International Inc (XCNQ:TCF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TRLEF:USA Z620:Germany Z620:Germany Z620:Germany

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.trillionenergy.com

Trillion Energy International Inc is an oil and gas-producing company with multiple assets throughout Turkey and Bulgaria. The company is 49% owner of the SASB natural gas field, one of the Black Sea's first natural gas development projects; a 19.6% (except three wells with 9.8%) ownership interest in the Cendere oil field; and Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. The company has three operating segments; North America, Turkey, and Bulgaria. It derives a majority of its revenue from Turkey.

Executives

Renata Kubicek	Senior Officer
Sean Stofer	Director
Barry Gordon Mcleod Wood	Director
David Thompson	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Arthur Alvin Halleran	Director, Senior Officer
Kubilay Yildirim	Director