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Paratus Energy Services (OSL:PLSV) ROA % : 0.93% (As of Dec. 2024)


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What is Paratus Energy Services ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Paratus Energy Services's annualized Net Income for the quarter that ended in Dec. 2024 was kr112 Mil. Paratus Energy Services's average Total Assets over the quarter that ended in Dec. 2024 was kr12,118 Mil. Therefore, Paratus Energy Services's annualized ROA % for the quarter that ended in Dec. 2024 was 0.93%.

The historical rank and industry rank for Paratus Energy Services's ROA % or its related term are showing as below:

OSL:PLSV' s ROA % Range Over the Past 10 Years
Min: -3.59   Med: -2.35   Max: 3.1
Current: 1.98

During the past 3 years, Paratus Energy Services's highest ROA % was 3.10%. The lowest was -3.59%. And the median was -2.35%.

OSL:PLSV's ROA % is ranked worse than
50.71% of 1057 companies
in the Oil & Gas industry
Industry Median: 2.1 vs OSL:PLSV: 1.98

Paratus Energy Services ROA % Historical Data

The historical data trend for Paratus Energy Services's ROA % 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.

Paratus Energy Services ROA % Chart

Paratus Energy Services Annual Data
Trend Dec22 Dec23 Dec24
ROA %
-3.59 -2.35 3.10

Paratus Energy Services Quarterly Data
Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
ROA % Get a 7-Day Free Trial - 0.32 12.71 -5.21 0.93

Competitive Comparison of Paratus Energy Services's ROA %

For the Oil & Gas Drilling subindustry, Paratus Energy Services's ROA %, along with its competitors' market caps and ROA % 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.


Paratus Energy Services's ROA % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Paratus Energy Services's ROA % distribution charts can be found below:

* The bar in red indicates where Paratus Energy Services's ROA % falls into.



Paratus Energy Services ROA % Calculation

Paratus Energy Services's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=354.565/( (10581.048+12282.972)/ 2 )
=354.565/11432.01
=3.10 %

Paratus Energy Services's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=112.204/( (11953.612+12282.972)/ 2 )
=112.204/12118.292
=0.93 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2024) net income data. ROA % is displayed in the 30-year financial page.


Paratus Energy Services  (OSL:PLSV) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=112.204/12118.292
=(Net Income / Revenue)*(Revenue / Total Assets)
=(112.204 / 2091.484)*(2091.484 / 12118.292)
=Net Margin %*Asset Turnover
=5.36 %*0.1726
=0.93 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Paratus Energy Services ROA % Related Terms

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Paratus Energy Services Business Description

Traded in Other Exchanges
Address
14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08
Paratus Energy Services Ltd is a holding company. Through its subsidiaries, It operates as a drilling contractor that owns and operates five jack-up drilling units located in Mexico. It owns five jack-up rigs: West Intrepid, West Defender, West Courageous, West Oberon, and West Titania. Its other subsidiaries have a business that owns and operates six multipurpose pipelaying service vessels (PLSV) and is an oilfield service company that specializes in drilling and well services.

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