Strata Power (Strata Power) ROCE % : -17.28% (As of Dec. 2023)

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What is Strata Power 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. Strata Power's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.28%.

Strata Power ROCE % Historical Data

The historical data trend for Strata Power'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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Strata Power ROCE % Chart

Strata Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-6,257.14

-80.70

-17.28

Strata Power Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial															-6,257.14	-80.70	-	-	-17.28

Strata Power ROCE % Calculation

Strata Power'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 )
	=	-0.026	/	( ( (0.236 - 0.073)	+	(0.206 - 0.068) )	/ 2 )
	=	-0.026	/	( (0.163	+	0.138)	/ 2 )
	=	-0.026	/	0.1505
	=	-17.28 %

Strata Power'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-0.026	/	( ( (0.236 - 0.073)	+	(0.206 - 0.068) )	/ 2 )
	=	-0.026	/	( ( 0.163	+	0.138 )	/ 2 )
	=	-0.026	/	0.1505
	=	-17.28 %

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

Strata Power (OTCPK:SPOWF) 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.

Strata Power ROCE % Related Terms

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Strata Power (Strata Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strata Power Corp (OTCPK:SPOWF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6

Website

http://www.strataoil.com

Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.

Executives

Duncan Budge

director

4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2