Kolibri Global Energy (Kolibri Global Energy) ROCE % : 120.07% (As of Dec. 2023)

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What is Kolibri Global 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. Kolibri Global Energy's annualized ROCE % for the quarter that ended in Dec. 2023 was 120.07%.

Kolibri Global Energy ROCE % Historical Data

The historical data trend for Kolibri Global 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.

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Kolibri Global Energy ROCE % Chart

Kolibri Global Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.18

-60.45

63.48

34.44

40.26

Kolibri Global Energy Quarterly 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															97.22	19.37	10.30	6.35	120.07

Kolibri Global Energy ROCE % Calculation

Kolibri Global 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 )
	=	75.602	/	( ( (184.082 - 14.049)	+	(224.357 - 18.844) )	/ 2 )
	=	75.602	/	( (170.033	+	205.513)	/ 2 )
	=	75.602	/	187.773
	=	40.26 %

Kolibri Global 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 )
	=	238.432	/	( ( (211.745 - 20.093)	+	(224.357 - 18.844) )	/ 2 )
	=	238.432	/	( ( 191.652	+	205.513 )	/ 2 )
	=	238.432	/	198.5825
	=	120.07 %

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

Kolibri Global Energy (NAS:KGEI) 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.

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Kolibri Global Energy (Kolibri Global Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kolibri Global Energy Inc (NAS:KGEI) » Definitions » ROCE %

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B120:Germany KEI:Canada

Address

3623 Old Conejo Road, Suite 207, Newbury Park, CA, USA, 91320

Website

https://www.kolibrienergy.com

Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada, and Others. The company derives a majority of its revenue from the United States.