Global Offshore Services (BOM:501848) ROCE % : 42.52% (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Global Offshore Services ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Global Offshore Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 42.52%.

Global Offshore Services ROCE % Historical Data

The historical data trend for Global Offshore Services's ROCE % 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 Offshore Services ROCE % Chart

Global Offshore Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

262.88

77.37

Global Offshore Services Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-59.95	228.40	-6.62	-7.12	42.52

Global Offshore Services ROCE % Calculation

Global Offshore Services's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	454.573	/	( ( (2497.019 - 2224.27)	+	(1427.557 - 525.283) )	/ 2 )
	=	454.573	/	( (272.749	+	902.274)	/ 2 )
	=	454.573	/	587.5115
	=	77.37 %

Global Offshore Services's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	400.2	/	( ( (1419.621 - 478.497)	+	(0 - 0) )	/ 1 )
	=	400.2	/	( ( 941.124	+	0 )	/ 1 )
	=	400.2	/	941.124
	=	42.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Global Offshore Services (BOM:501848) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Global Offshore Services ROCE % Related Terms

Thank you for viewing the detailed overview of Global Offshore Services's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Offshore Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Offshore Services Ltd (BOM:501848) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

D.N. Road, 3rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400001

Website

https://www.globaloffshore.in

Global Offshore Services Ltd is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.

Global Offshore Services Headlines

No Headlines