GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheetah Oil & Gas Ltd (OTCPK:COHG) » Definitions » ROCE %

Cheetah Oil & Gas (Cheetah Oil & Gas) ROCE % : -270.42% (As of Jun. 2011)


View and export this data going back to 1998. Start your Free Trial

What is Cheetah 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. Cheetah Oil & Gas's annualized ROCE % for the quarter that ended in Jun. 2011 was -270.42%.


Cheetah Oil & Gas ROCE % Historical Data

The historical data trend for Cheetah 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.

Cheetah Oil & Gas ROCE % Chart

Cheetah Oil & Gas Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.24 -43.69 -50.25 - -

Cheetah Oil & Gas Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
ROCE % 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 - - - - -270.42

Cheetah Oil & Gas ROCE % Calculation

Cheetah Oil & Gas's annualized ROCE % for the fiscal year that ended in Dec. 2010 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=-0.248/( ( (0.414 - 0.38) + (0.377 - 0.497) )/ 2 )
=-0.248/( (0.034+-0.12)/ 2 )
=-0.248/-0.043
=576.74 %

Cheetah Oil & Gas's ROCE % of for the quarter that ended in Jun. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=-0.096/( ( (0.359 - 0.31) + (0.368 - 0.346) )/ 2 )
=-0.096/( ( 0.049 + 0.022 )/ 2 )
=-0.096/0.0355
=-270.42 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2011) EBIT data.

* 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.


Cheetah Oil & Gas  (OTCPK:COHG) 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.


Cheetah Oil & Gas ROCE % Related Terms

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


Cheetah Oil & Gas (Cheetah Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
498 Ellis Street, Second Floor, Penticton, BC, CAN, V2A 4MS
Cheetah Oil & Gas Ltd is an exploration stage oil and gas company which engages in the exploration for petroleum and natural gas.
Executives
Robert Mcallister other: formerCEO #203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Donald James Findlay director #30 NEW STREET SE, CALGARY A0 T2G 3X9

Cheetah Oil & Gas (Cheetah Oil & Gas) Headlines

No Headlines