Paratus Energy Services (FRA:U6N) ROCE % : 13.86% (As of Dec. 2024)

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What is Paratus Energy 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. Paratus Energy Services's annualized ROCE % for the quarter that ended in Dec. 2024 was 13.86%.

Paratus Energy Services ROCE % Historical Data

The historical data trend for Paratus Energy 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.

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Paratus Energy Services ROCE % Chart

Paratus Energy Services Annual Data

Trend

Dec22

Dec23

Dec24

ROCE %

7.93

8.89

14.54

Paratus Energy Services Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			-	14.28	23.55	3.94	13.86

Paratus Energy Services ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	133.987	/	( ( (919.751 - 44.016)	+	(1045.439 - 78.024) )	/ 2 )
	=	133.987	/	( (875.735	+	967.415)	/ 2 )
	=	133.987	/	921.575
	=	14.54 %

Paratus Energy 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 )
	=	132.172	/	( ( (1013.895 - 74.333)	+	(1045.439 - 78.024) )	/ 2 )
	=	132.172	/	( ( 939.562	+	967.415 )	/ 2 )
	=	132.172	/	953.4885
	=	13.86 %

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

Paratus Energy Services (FRA:U6N) 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.

Paratus Energy Services ROCE % Related Terms

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Paratus Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paratus Energy Services Ltd (FRA:U6N) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PLSV:Norway

Address

14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08

Website

https://www.paratus-energy.com

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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