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Rosneft Oil Co (LSE:40XT) ROE % : 13.69% (As of Dec. 2021)


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What is Rosneft Oil Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Rosneft Oil Co's annualized net income for the quarter that ended in Dec. 2021 was $10,117 Mil. Rosneft Oil Co's average Total Stockholders Equity over the quarter that ended in Dec. 2021 was $73,875 Mil. Therefore, Rosneft Oil Co's annualized ROE % for the quarter that ended in Dec. 2021 was 13.69%.

The historical rank and industry rank for Rosneft Oil Co's ROE % or its related term are showing as below:

LSE:40XT's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.7
* Ranked among companies with meaningful ROE % only.

Rosneft Oil Co ROE % Historical Data

The historical data trend for Rosneft Oil Co's ROE % 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.

Rosneft Oil Co ROE % Chart

Rosneft Oil Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 13.04 17.35 2.61 17.34

Rosneft Oil Co Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
ROE % 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 29.33 12.37 19.22 24.39 13.69

Competitive Comparison of Rosneft Oil Co's ROE %

For the Oil & Gas Integrated subindustry, Rosneft Oil Co's ROE %, along with its competitors' market caps and ROE % 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.


Rosneft Oil Co's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rosneft Oil Co's ROE % distribution charts can be found below:

* The bar in red indicates where Rosneft Oil Co's ROE % falls into.



Rosneft Oil Co ROE % Calculation

Rosneft Oil Co's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=11942.923/( (62947.852+74822.481)/ 2 )
=11942.923/68885.1665
=17.34 %

Rosneft Oil Co's annualized ROE % for the quarter that ended in Dec. 2021 is calculated as

ROE %=Net Income (Q: Dec. 2021 )/( (Total Stockholders Equity (Q: Sep. 2021 )+Total Stockholders Equity (Q: Dec. 2021 ))/ count )
=10116.996/( (72928.172+74822.481)/ 2 )
=10116.996/73875.3265
=13.69 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2021) net income data. ROE % is displayed in the 30-year financial page.


Rosneft Oil Co  (LSE:40XT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=10116.996/73875.3265
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10116.996 / 132386.56)*(132386.56 / 222601.886)*(222601.886 / 73875.3265)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.64 %*0.5947*3.0132
=ROA %*Equity Multiplier
=4.54 %*3.0132
=13.69 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=10116.996/73875.3265
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (10116.996 / 16446.88) * (16446.88 / 23642.388) * (23642.388 / 132386.56) * (132386.56 / 222601.886) * (222601.886 / 73875.3265)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6151 * 0.6957 * 17.86 % * 0.5947 * 3.0132
=13.69 %

Note: The net income data used here is four times the quarterly (Dec. 2021) net income data. The Revenue data used here is four times the quarterly (Dec. 2021) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Rosneft Oil Co ROE % Related Terms

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Rosneft Oil Co (LSE:40XT) Business Description

Traded in Other Exchanges
N/A
Address
26/1 Sofiyskaya Embankment, Moscow, RUS, 117997
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.

Rosneft Oil Co (LSE:40XT) Headlines

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