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Global Vectra Helicorp (NSE:GLOBALVECT) ROE % : 90.05% (As of Dec. 2023)


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What is Global Vectra Helicorp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Global Vectra Helicorp's annualized net income for the quarter that ended in Dec. 2023 was ₹135 Mil. Global Vectra Helicorp's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₹150 Mil. Therefore, Global Vectra Helicorp's annualized ROE % for the quarter that ended in Dec. 2023 was 90.05%.

The historical rank and industry rank for Global Vectra Helicorp's ROE % or its related term are showing as below:

NSE:GLOBALVECT' s ROE % Range Over the Past 10 Years
Min: -48.17   Med: 5.26   Max: 33.51
Current: 23.29

During the past 13 years, Global Vectra Helicorp's highest ROE % was 33.51%. The lowest was -48.17%. And the median was 5.26%.

NSE:GLOBALVECT's ROE % is ranked better than
83.88% of 949 companies
in the Transportation industry
Industry Median: 8.46 vs NSE:GLOBALVECT: 23.29

Global Vectra Helicorp ROE % Historical Data

The historical data trend for Global Vectra Helicorp'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.

Global Vectra Helicorp ROE % Chart

Global Vectra Helicorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.65 2.86 -46.08 -11.11 -48.17

Global Vectra Helicorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -96.80 141.73 -19.76 -181.73 90.05

Competitive Comparison of Global Vectra Helicorp's ROE %

For the Airports & Air Services subindustry, Global Vectra Helicorp'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.


Global Vectra Helicorp's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Vectra Helicorp's ROE % distribution charts can be found below:

* The bar in red indicates where Global Vectra Helicorp's ROE % falls into.



Global Vectra Helicorp ROE % Calculation

Global Vectra Helicorp's annualized ROE % for the fiscal year that ended in Mar. 2023 is calculated as

ROE %=Net Income (A: Mar. 2023 )/( (Total Stockholders Equity (A: Mar. 2022 )+Total Stockholders Equity (A: Mar. 2023 ))/ count )
=-166.269/( (409.348+280.961)/ 2 )
=-166.269/345.1545
=-48.17 %

Global Vectra Helicorp's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=135.184/( (150.113+0)/ 1 )
=135.184/150.113
=90.05 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Global Vectra Helicorp  (NSE:GLOBALVECT) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=135.184/150.113
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(135.184 / 5183.48)*(5183.48 / 8608.029)*(8608.029 / 150.113)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.61 %*0.6022*57.3437
=ROA %*Equity Multiplier
=1.57 %*57.3437
=90.05 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=135.184/150.113
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (135.184 / 208.256) * (208.256 / 436.976) * (436.976 / 5183.48) * (5183.48 / 8608.029) * (8608.029 / 150.113)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6491 * 0.4766 * 8.43 % * 0.6022 * 57.3437
=90.05 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Global Vectra Helicorp ROE % Related Terms

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Global Vectra Helicorp (NSE:GLOBALVECT) Business Description

Traded in Other Exchanges
Address
Hangar Number - C - He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, Mumbai, MH, IND, 400056
Global Vectra Helicorp Ltd is engaged in providing helicopter services. The company provides onshore and offshore services for oil and gas operations, the productions sector, geophysical survey, corporate and VIP flights, aerial photography and filming, religious tourism, emergency services, underslung operations, and power grid maintenance. It operates in a single segment that is the provision of helicopter services in India. The company has its main maintenance base at Juhu Airport, Mumbai with sub-bases supporting onshore and offshore operations across the length and breadth of India.

Global Vectra Helicorp (NSE:GLOBALVECT) Headlines

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