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PTSC Offshore Services JSC (HSTC:POS) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is PTSC Offshore Services JSC 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. PTSC Offshore Services JSC's annualized net income for the quarter that ended in . 20 was ₫ Mil. PTSC Offshore Services JSC's average shareholder tangible equity for the quarter that ended in . 20 was ₫ Mil. Therefore, PTSC Offshore Services JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

HSTC:POS's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.96
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

PTSC Offshore Services JSC Return-on-Tangible-Equity Historical Data

The historical data trend for PTSC Offshore Services JSC'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.

PTSC Offshore Services JSC Return-on-Tangible-Equity Chart

PTSC Offshore Services JSC Annual Data
Trend
Return-on-Tangible-Equity

PTSC Offshore Services JSC Semi-Annual Data
Return-on-Tangible-Equity

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

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


PTSC Offshore Services JSC's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PTSC Offshore Services JSC's Return-on-Tangible-Equity distribution charts can be found below:

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



PTSC Offshore Services JSC Return-on-Tangible-Equity Calculation

PTSC Offshore Services JSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

PTSC Offshore Services JSC's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PTSC Offshore Services JSC  (HSTC:POS) 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.


PTSC Offshore Services JSC Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of PTSC Offshore Services JSC's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


PTSC Offshore Services JSC (HSTC:POS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
65A 30-4 Road, PTSC Downstream Port, Thang Nhat ward, Vung Tau, VNM
PTSC Offshore Services JSC is primarily engaged in the oil and gas extraction support sector. Its business includes transporting, installing, connecting, and testing oil and gas works; service of relocation and clearing of mines after the end of the offshore mining cycle; operation and maintenance services for oil and gas projects and others.

PTSC Offshore Services JSC (HSTC:POS) Headlines

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