TORC Oil & Gas Ret. on equity
What is the Ret. on equity of TORC Oil & Gas?
The Ret. on equity of TORC Oil & Gas Ltd. is -99.29%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Energy sector on TSX compared to TORC Oil & Gas
What does TORC Oil & Gas do?
TORC Oil & Gas Ltd. engages in the exploration and production of petroleum and natural gas in the Western Canadian Sedimentary Basin. The company's principal properties are located in the southeast Saskatchewan area. TORC Oil & Gas Ltd. was founded in 2010 and is headquartered in Calgary, Canada.
Companies with ret. on equity similar to TORC Oil & Gas
- Pharmasimple SA has Ret. on equity of -99.43%
- Cache Exploration has Ret. on equity of -99.42%
- Summit Therapeutics Inc has Ret. on equity of -99.41%
- Perpetual Resources has Ret. on equity of -99.38%
- Elegance Commercial and Printing has Ret. on equity of -99.35%
- Nevada Metals has Ret. on equity of -99.33%
- TORC Oil & Gas has Ret. on equity of -99.29%
- Zacapa Resources Ltd has Ret. on equity of -99.13%
- Elixinol Global has Ret. on equity of -99.06%
- Sage International has Ret. on equity of -99.02%
- Cerevel Therapeutics has Ret. on equity of -98.94%
- Green Shift Commodities Ltd has Ret. on equity of -98.93%
- Reunion Neuroscience Inc has Ret. on equity of -98.90%