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Hermitage Offshore Services (FRA:N5OA) Return-on-Tangible-Equity : -53.55% (As of Mar. 2020)


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What is Hermitage Offshore Services Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hermitage Offshore Services's annualized net income for the quarter that ended in Mar. 2020 was €-24.75 Mil. Hermitage Offshore Services's average shareholder tangible equity for the quarter that ended in Mar. 2020 was €46.21 Mil. Therefore, Hermitage Offshore Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2020 was -53.55%.

The historical rank and industry rank for Hermitage Offshore Services's Return-on-Tangible-Equity or its related term are showing as below:

FRA:N5OA's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 9.73
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hermitage Offshore Services Return-on-Tangible-Equity Historical Data

The historical data trend for Hermitage Offshore Services's Return-on-Tangible-Equity 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.

Hermitage Offshore Services Return-on-Tangible-Equity Chart

Hermitage Offshore Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity
Get a 7-Day Free Trial -3.85 -12.70 -11.48 -134.79 -

Hermitage Offshore Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Return-on-Tangible-Equity 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 -53.74 -29.00 -44.72 - -53.55

Competitive Comparison of Hermitage Offshore Services's Return-on-Tangible-Equity

For the Marine Shipping subindustry, Hermitage Offshore Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Hermitage Offshore Services's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hermitage Offshore Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hermitage Offshore Services's Return-on-Tangible-Equity falls into.



Hermitage Offshore Services Return-on-Tangible-Equity Calculation

Hermitage Offshore Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=0/( (47.522+46.915 )/ 2 )
=0/47.2185
=0.00 %

Hermitage Offshore Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2020 )  (Q: Dec. 2019 )(Q: Mar. 2020 )
=-24.748/( (46.915+45.512)/ 2 )
=-24.748/46.2135
=-53.55 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hermitage Offshore Services  (FRA:N5OA) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Hermitage Offshore Services Return-on-Tangible-Equity Related Terms

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Hermitage Offshore Services (FRA:N5OA) Business Description

Traded in Other Exchanges
N/A
Address
27 Reid Street, LOM Building, Hamilton, BMU, HM 11
Hermitage Offshore Services Ltd is a platform supply vessel company. The company owns and operates platform supply vessels in the North Sea and in West Africa. Its operating segment is the offshore support vessel market. All the company's vessels operate in the North Sea in both the term and spot market. Its vessels are considered homogeneous and interchangeable as it has approximately the same cargo deck area and capacity.

Hermitage Offshore Services (FRA:N5OA) Headlines

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