Paradigm Oil & Gas (Paradigm Oil & Gas) ROCE % : -93.50% (As of Sep. 2011)

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What is Paradigm 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. Paradigm Oil & Gas's annualized ROCE % for the quarter that ended in Sep. 2011 was -93.50%.

Paradigm Oil & Gas ROCE % Historical Data

The historical data trend for Paradigm 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.

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Paradigm Oil & Gas ROCE % Chart

Paradigm Oil & Gas Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

ROCE %

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-47.43

-62.31

Paradigm Oil & Gas Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
ROCE %	Get a 7-Day Free Trial															-175.86	-54.42	-93.49	-70.74	-93.50

Paradigm Oil & Gas ROCE % Calculation

Paradigm 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 )
	=	-0.44	/	( ( (0 - 0.633)	+	(1.027 - 0.485) )	/ 2 )
	=	-0.44	/	( (-0.633	+	0.542)	/ 2 )
	=	-0.44	/	-0.0455
	=	967.03 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2011 )		(Q: Jun. 2011 )		(Q: Sep. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2011 )		(Q: Jun. 2011 )		(Q: Sep. 2011 )
	=	-0.532	/	( ( (0.998 - 0.507)	+	(0.992 - 0.345) )	/ 2 )
	=	-0.532	/	( ( 0.491	+	0.647 )	/ 2 )
	=	-0.532	/	0.569
	=	-93.50 %

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

Paradigm Oil & Gas (OTCPK:PDGO) 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.

Paradigm Oil & Gas ROCE % Related Terms

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Paradigm Oil & Gas (Paradigm Oil & Gas) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paradigm Oil & Gas Inc (OTCPK:PDGO) » Definitions » ROCE %

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Address

447 Broadway, 2nd Floor, Unit 103, New York, NY, USA, 10013

Website

https://www.pdgoinc.com

Paradigm Oil & Gas Inc is engaged in the exploration, development, acquisition and operation of oil and gas properties.

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