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Quicksilver Resources (FRA:QSR) ROE % : 0.00% (As of Sep. 2015)


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What is Quicksilver Resources ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Quicksilver Resources's annualized net income for the quarter that ended in Sep. 2015 was €-656.5 Mil. Quicksilver Resources's average Total Stockholders Equity over the quarter that ended in Sep. 2015 was €-1,366.6 Mil. Therefore, Quicksilver Resources's annualized ROE % for the quarter that ended in Sep. 2015 was N/A%.

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

During the past 13 years, Quicksilver Resources's highest ROE % was 58.32%. The lowest was -3,644.00%. And the median was 13.65%.

FRA:QSR's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.7
* Ranked among companies with meaningful ROE % only.

Quicksilver Resources ROE % Historical Data

The historical data trend for Quicksilver Resources'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.

* Premium members only.

Quicksilver Resources ROE % Chart

Quicksilver Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.45 7.78 -3,739.94 Negative Equity -

Quicksilver Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 Negative Equity - - - -

Competitive Comparison of Quicksilver Resources's ROE %

For the Oil & Gas E&P subindustry, Quicksilver Resources'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.


Quicksilver Resources's ROE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Quicksilver Resources's ROE % falls into.



Quicksilver Resources ROE % Calculation

Quicksilver Resources's annualized ROE % for the fiscal year that ended in Dec. 2014 is calculated as

ROE %=Net Income (A: Dec. 2014 )/( (Total Stockholders Equity (A: Dec. 2013 )+Total Stockholders Equity (A: Dec. 2014 ))/ count )
=-83.614/( (-734.358+-922.813)/ 2 )
=-83.614/-828.5855
=N/A %

Quicksilver Resources's annualized ROE % for the quarter that ended in Sep. 2015 is calculated as

ROE %=Net Income (Q: Sep. 2015 )/( (Total Stockholders Equity (Q: Jun. 2015 )+Total Stockholders Equity (Q: Sep. 2015 ))/ count )
=-656.532/( (-1282.612+-1450.639)/ 2 )
=-656.532/-1366.6255
=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 (Sep. 2015) 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.


Quicksilver Resources  (FRA:QSR) 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: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-656.532/-1366.6255
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-656.532 / 210.228)*(210.228 / 692.81)*(692.81 / -1366.6255)
=Net Margin %*Asset Turnover*Equity Multiplier
=-312.3 %*0.3034*N/A
=ROA %*Equity Multiplier
=-94.75 %*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: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-656.532/-1366.6255
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-656.532 / -648.86) * (-648.86 / -595.356) * (-595.356 / 210.228) * (210.228 / 692.81) * (692.81 / -1366.6255)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0118 * 1.0899 * -283.2 % * 0.3034 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Quicksilver Resources ROE % Related Terms

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


Quicksilver Resources (FRA:QSR) Business Description

Traded in Other Exchanges
N/A
Address
Quicksilver Resources Inc was organized as a Delaware corporation in 1997 and became a public company in 1999. It is an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and natural gas in North America and are based in Fort Worth, Texas. The Company focuses on unconventional reservoirs where hydrocarbons may be found in challenging geological conditions, such as fractured shales and coalbeds. Its producing oil and natural gas properties in the United States are principally located in Texas and in Canada in Alberta and British Columbia. Its three core development areas include: Barnett Shale; Horn River; and Horseshoe Canyon. Additionally, It has an oil exploration opportunity in the Delaware basin in western Texas. The Company competes for acquisitions of prospective oil and natural gas properties and oil and gas reserves. Its oil and natural gas operations are focused onshore in North America, in basins containing unconventional reservoirs with predictable, long-lived production. Its current production and development operations are concentrated in its three core areas: the Barnett Shale, Horn River and Horseshoe Canyon. The Company compete for acquisitions of prospective oil and natural gas properties and oil and natural gas reserves. It also compete for drilling rigs and equipment used to drill for and produce oil and natural gas. The Company is subject to a number of federal, state, provincial and local laws and regulations, whose purpose is to protect the health and safety of workers, both generally and within Its industry.

Quicksilver Resources (FRA:QSR) Headlines