TSCAF (Tuscany Energy) ROE %: -260.53% (As of Mar. 2016)


What is Tuscany Energy ROE %?

Tuscany Energy TSCAF ROE % is -260.53% as of Mar. 2016.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tuscany Energy's annualized net income for the quarter that ended in Mar. 2016 was $-15.92 Mil. Tuscany Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2016 was $6.11 Mil. Therefore, Tuscany Energy's annualized ROE % for the quarter that ended in Mar. 2016 was -260.53%.

The historical rank and industry rank for Tuscany Energy's ROE % or its related term are showing as below:

TSCAF's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.74
* Ranked among companies with meaningful ROE % only.

Tuscany Energy  (OTCPK:TSCAF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=-15.916/6.109
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-15.916 / 2.824)*(2.824 / 18.1605)*(18.1605 / 6.109)
=Net Margin %*Asset Turnover*Equity Multiplier
=-563.6 %*0.1555*2.9727
=ROA %*Equity Multiplier
=-87.64 %*2.9727
=-260.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2016 )
=Net Income/Total Stockholders Equity
=-15.916/6.109
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-15.916 / -15.916) * (-15.916 / -4.112) * (-4.112 / 2.824) * (2.824 / 18.1605) * (18.1605 / 6.109)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 3.8706 * -145.61 % * 0.1555 * 2.9727
=-260.53 %

Note: The net income data used here is four times the quarterly (Mar. 2016) net income data. The Revenue data used here is four times the quarterly (Mar. 2016) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Tuscany Energy ROE % Related Terms


Tuscany Energy ROE % Historical Data

* Premium members only.

The historical data trend for Tuscany Energy's ROE % 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 ROE % Chart

Tuscany Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.58 -1.90 -15.34 -27.69 -41.71

Tuscany Energy Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.17 -6.66 -66.50 -75.09 -260.53

TSCAF vs VTGDF, PESX, SDLPF: ROE % Comparison

For the Oil & Gas Drilling subindustry, Tuscany Energy's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tuscany Energy ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tuscany Energy's ROE % distribution charts can be found below:

* The bar in red indicates where Tuscany Energy's ROE % falls into.



Tuscany Energy ROE % Calculation

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

ROE %=Net Income (A: Dec. 2015 )/( (Total Stockholders Equity (A: Dec. 2014 )+Total Stockholders Equity (A: Dec. 2015 ))/ count )
=-4.794/( (15.053+7.937)/ 2 )
=-4.794/11.495
=-41.71 %

Tuscany Energy's annualized ROE % for the quarter that ended in Mar. 2016 is calculated as

ROE %=Net Income (Q: Mar. 2016 )/( (Total Stockholders Equity (Q: Dec. 2015 )+Total Stockholders Equity (Q: Mar. 2016 ))/ count )
=-15.916/( (7.937+4.281)/ 2 )
=-15.916/6.109
=-260.53 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2016) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -260.53% mean?
Tuscany Energy (TSCAF) has a ROE % of -260.53% as of Mar. 2016. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tuscany Energy and its competitors.
Is Tuscany Energy's ROE % too high?
Tuscany Energy's current ROE % is -260.53%.
How does Tuscany Energy's ROE % compare to VTGDF and PESX?
Tuscany Energy's ROE % of -260.53% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.74, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Tuscany Energy and its competitors. For the Oil & Gas industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tuscany Energy's current ROE % is -260.53%. 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 ROE % of -260.53%. The current ROE % is -260.53%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Tuscany Energy (TSCAF), the current ROE % is -260.53% 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 EnergyOil & Gas
Address 1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5
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.