TXLZF (Tesla Exploration) ROE %: 0.00% (As of Mar. 2016)


What is Tesla Exploration ROE %?

Tesla Exploration TXLZF -90.00% ROE % is 0.00% as of Mar. 2016.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tesla Exploration's annualized net income for the quarter that ended in Mar. 2016 was $-74.57 Mil. Tesla Exploration's average Total Stockholders Equity over the quarter that ended in Mar. 2016 was $-1.24 Mil. Therefore, Tesla Exploration's annualized ROE % for the quarter that ended in Mar. 2016 was N/A%.

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

TXLZF's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.71
* Ranked among companies with meaningful ROE % only.

Tesla Exploration  (OTCPK:TXLZF) 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
=-74.568/-1.24
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-74.568 / 53.78)*(53.78 / 52.193)*(52.193 / -1.24)
=Net Margin %*Asset Turnover*Equity Multiplier
=-138.65 %*1.0304*N/A
=ROA %*Equity Multiplier
=-142.86 %*N/A
=N/A %

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
=-74.568/-1.24
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-74.568 / -74.452) * (-74.452 / -29.468) * (-29.468 / 53.78) * (53.78 / 52.193) * (52.193 / -1.24)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0016 * 2.5265 * -54.79 % * 1.0304 * N/A
=N/A %

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.


Tesla Exploration ROE % Related Terms


Tesla Exploration ROE % Historical Data

* Premium members only.

The historical data trend for Tesla Exploration'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.

Tesla Exploration ROE % Chart

Tesla Exploration Annual Data
Trend Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 9.26 1.56 -18.00 -131.75

Tesla Exploration 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 -109.81 -87.64 -161.67 -326.81 0.00

TXLZF vs SES, DPDW, BAS: ROE % Comparison

For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.


Tesla Exploration ROE % vs Oil & Gas Industry

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

* The bar in red indicates where Tesla Exploration's ROE % falls into.



Tesla Exploration ROE % Calculation

Tesla Exploration'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 )
=-37.684/( (48.963+8.242)/ 2 )
=-37.684/28.6025
=-131.75 %

Tesla Exploration'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 )
=-74.568/( (8.242+-10.722)/ 2 )
=-74.568/-1.24
=N/A %

* 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.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
Tesla Exploration (TXLZF) has a ROE % of 0.00% 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 Tesla Exploration and its competitors.
Is Tesla Exploration's ROE % too high?
Tesla Exploration's current ROE % is 0.00%.
How does Tesla Exploration's ROE % compare to SES and DPDW?
Tesla Exploration's ROE % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median ROE % is 5.71. 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 5.71, 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 Tesla Exploration and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesla Exploration's current ROE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current ROE % of 0.00%. The current ROE % is 0.00%. 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 Tesla Exploration (TXLZF), the current ROE % is 0.00% 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.

Tesla Exploration Business Description

Industry EnergyOil & Gas
Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.