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Seadrill Old (OSL:SDRL) Return-on-Tangible-Equity : 0.00% (As of Dec. 2017)


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What is Seadrill Old 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. Seadrill Old's annualized net income for the quarter that ended in Dec. 2017 was kr0 Mil. Seadrill Old's average shareholder tangible equity for the quarter that ended in Dec. 2017 was kr67,215 Mil. Therefore, Seadrill Old's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 was 0.00%.

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

OSL:SDRL'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.

Seadrill Old Return-on-Tangible-Equity Historical Data

The historical data trend for Seadrill Old'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.

Seadrill Old Return-on-Tangible-Equity Chart

Seadrill Old Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.34 54.96 -7.41 -1.89 -36.34

Seadrill Old Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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 -27.44 6.19 2.71 -6.00 -

Competitive Comparison of Seadrill Old's Return-on-Tangible-Equity

For the Oil & Gas Drilling subindustry, Seadrill Old'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.


Seadrill Old's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seadrill Old's Return-on-Tangible-Equity falls into.



Seadrill Old Return-on-Tangible-Equity Calculation

Seadrill Old's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-24728.819/( (81515.946+54564.768 )/ 2 )
=-24728.819/68040.357
=-36.34 %

Seadrill Old's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=0/( (79865.195+54564.768)/ 2 )
=0/67214.9815
=0.00 %

* 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 (Dec. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Seadrill Old  (OSL:SDRL) 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.


Seadrill Old Return-on-Tangible-Equity Related Terms

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Seadrill Old (OSL:SDRL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Seadrill is one of the world's largest deep-water drillers. John Fredriksen founded the latest incarnation of the company in 2005; he previously built Frontline into one of the largest oil tanker firms in the world. Seadrill operates a variety of rigs around the world for national and international oil and gas companies.