GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GulfMark Offshore Inc (AMEX:GLF) » Definitions » ROE %

GulfMark Offshore (GulfMark Offshore) ROE % : -15.49% (As of Sep. 2018)


View and export this data going back to 2017. Start your Free Trial

What is GulfMark Offshore ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. GulfMark Offshore's annualized net income for the quarter that ended in Sep. 2018 was $-44.62 Mil. GulfMark Offshore's average Total Stockholders Equity over the quarter that ended in Sep. 2018 was $288.02 Mil. Therefore, GulfMark Offshore's annualized ROE % for the quarter that ended in Sep. 2018 was -15.49%.

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

GLF's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 7.11
* Ranked among companies with meaningful ROE % only.

GulfMark Offshore ROE % Historical Data

The historical data trend for GulfMark Offshore'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.

GulfMark Offshore ROE % Chart

GulfMark Offshore Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.75 6.14 -25.82 -35.36 -

GulfMark Offshore Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -31.53 - -19.03 -17.80 -15.49

Competitive Comparison of GulfMark Offshore's ROE %

For the Oil & Gas Equipment & Services subindustry, GulfMark Offshore'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.


GulfMark Offshore's ROE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where GulfMark Offshore's ROE % falls into.



GulfMark Offshore ROE % Calculation

GulfMark Offshore's annualized ROE % for the fiscal year that ended in Dec. 2017 is calculated as

ROE %=Net Income (A: Dec. 2017 )/( (Total Stockholders Equity (A: Dec. 2016 )+Total Stockholders Equity (A: Dec. 2017 ))/ count )
=0/( (449.621+324.49)/ 2 )
=0/387.0555
=0.00 %

GulfMark Offshore's annualized ROE % for the quarter that ended in Sep. 2018 is calculated as

ROE %=Net Income (Q: Sep. 2018 )/( (Total Stockholders Equity (Q: Jun. 2018 )+Total Stockholders Equity (Q: Sep. 2018 ))/ count )
=-44.62/( (294.066+281.972)/ 2 )
=-44.62/288.019
=-15.49 %

* 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. 2018) net income data. ROE % is displayed in the 30-year financial page.


GulfMark Offshore  (AMEX:GLF) 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. 2018 )
=Net Income/Total Stockholders Equity
=-44.62/288.019
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-44.62 / 111.256)*(111.256 / 422.43)*(422.43 / 288.019)
=Net Margin %*Asset Turnover*Equity Multiplier
=-40.11 %*0.2634*1.4667
=ROA %*Equity Multiplier
=-10.56 %*1.4667
=-15.49 %

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. 2018 )
=Net Income/Total Stockholders Equity
=-44.62/288.019
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-44.62 / -44.588) * (-44.588 / -32) * (-32 / 111.256) * (111.256 / 422.43) * (422.43 / 288.019)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0007 * 1.3934 * -28.76 % * 0.2634 * 1.4667
=-15.49 %

Note: The net income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


GulfMark Offshore ROE % Related Terms

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


GulfMark Offshore (GulfMark Offshore) Business Description

Traded in Other Exchanges
N/A
Address
GulfMark Offshore Inc is engaged in providing offshore marine services primarily to companies involved in the offshore exploration and production of oil and natural gas. Its vessels transport materials, supplies, and personnel to offshore facilities, and also move and position drilling and production facilities. Geographically, the operation of the firm can be seen across the region of the North Sea, offshore Southeast Asia, and offshore the Americas. It operates a fleet of over 69 owned or managed offshore supply vessels (OSVs), which include over 28 vessels in the North Sea, over 10 vessels offshore Southeast Asia and over 31 vessels offshore the Americas.
Executives
Samuel R Rubio officer: Senior VP and CFO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Krishna Shivram director C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Quintin Kneen director, officer: President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
William C Martin director, 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Management, Llc director, 10 percent owner TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Scott Mccarty director 301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Kenneth H Traub director, other: See Remarks
Geoffrey Raynor director, 10 percent owner 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Renegade Swish, Llc director, 10 percent owner 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Tidewater Inc 10 percent owner 842 WEST SAM HOUSTON PARKWAY NORTH, SUITE 400, HOUSTON TX 77024
David E Darling officer: Former SVP - CHRO 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Sheldon S Gordon director
David J Butters director RELIANT STADIUM TWO RELIANT PARK, HOUSTON TX 77054