Vermilion Energy (Vermilion Energy) ROCE % : 5.29% (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Vermilion 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. Vermilion Energy's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.29%.

Vermilion Energy ROCE % Historical Data

The historical data trend for Vermilion 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.

Vermilion Energy ROCE % Chart

Vermilion Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.03

-40.15

32.95

36.88

-3.34

Vermilion Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															26.43	13.01	5.50	-59.92	5.29

Vermilion Energy ROCE % Calculation

Vermilion 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 )
	=	-143.91	/	( ( (5146.16 - 656.64)	+	(4648.048 - 518.839) )	/ 2 )
	=	-143.91	/	( (4489.52	+	4129.209)	/ 2 )
	=	-143.91	/	4309.3645
	=	-3.34 %

Vermilion Energy's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	217.988	/	( ( (4648.048 - 518.839)	+	(4672.428 - 566.777) )	/ 2 )
	=	217.988	/	( ( 4129.209	+	4105.651 )	/ 2 )
	=	217.988	/	4117.43
	=	5.29 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Vermilion Energy (NYSE:VET) 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.

Vermilion Energy ROCE % Related Terms

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

Vermilion Energy (Vermilion Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (NYSE:VET) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CVZ:Germany CVZ:Germany VET:Canada

Address

520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3

Website

https://www.vermilionenergy.com

Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.