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Sintana Energy (Sintana Energy) ROCE % : -12.61% (As of Dec. 2023)


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What is Sintana Energy 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. Sintana Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was -12.61%.

Sintana Energy ROCE % Historical Data

The historical data trend for Sintana Energy'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.

Sintana Energy ROCE % Chart

Sintana Energy Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -32.01 -27.22

Sintana Energy Semi-Annual Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 20.68 -5.69 -4.26 -4.87 -12.61

Sintana Energy ROCE % Calculation

Sintana Energy'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 )
=-2.941/( ( (14.215 - 3.34) + (13.106 - 2.373) )/ 2 )
=-2.941/( (10.875+10.733)/ 2 )
=-2.941/10.804
=-27.22 %

Sintana Energy's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1.357/( ( (13.317 - 2.531) + (13.106 - 2.373) )/ 2 )
=-1.357/( ( 10.786 + 10.733 )/ 2 )
=-1.357/10.7595
=-12.61 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) 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.

Sintana Energy  (OTCPK:STEIF) 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.

Sintana Energy ROCE % Related Terms

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Sintana Energy (Sintana Energy) Business Description

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Traded in Other Exchanges
SEUSF:USA SEI:Canada
Address
82 Richmond Street East, Suite 201, Toronto, ON, CAN, M5C 1P1
Website
https://www.sintanaenergy.com
Sintana Energy Inc is a Canada-based oil and gas exploration company. The company has interests in the Magdalena Basin, Colombia. Its geographical segments are United States, Canada, and Colombia.