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Paratus Energy Services (OSL:PLSV) ROE % : -10.60% (As of Dec. 2023)


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What is Paratus Energy Services ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Paratus Energy Services's annualized net income for the quarter that ended in Dec. 2023 was kr-243 Mil. Paratus Energy Services's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was kr2,290 Mil. Therefore, Paratus Energy Services's annualized ROE % for the quarter that ended in Dec. 2023 was -10.60%.

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

OSL:PLSV' s ROE % Range Over the Past 10 Years
Min: -15.38   Med: -12.99   Max: -10.6
Current: -10.6

During the past 2 years, Paratus Energy Services's highest ROE % was -10.60%. The lowest was -15.38%. And the median was -12.99%.

OSL:PLSV's ROE % is ranked worse than
76.69% of 991 companies
in the Oil & Gas industry
Industry Median: 6.36 vs OSL:PLSV: -10.60

Paratus Energy Services ROE % Historical Data

The historical data trend for Paratus Energy Services'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.

Paratus Energy Services ROE % Chart

Paratus Energy Services Annual Data
Trend Dec22 Dec23
ROE %
-15.38 -10.60

Paratus Energy Services Semi-Annual Data
Dec22 Dec23
ROE % -15.38 -10.60

Competitive Comparison of Paratus Energy Services's ROE %

For the Oil & Gas Drilling subindustry, Paratus Energy Services'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.


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

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

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



Paratus Energy Services ROE % Calculation

Paratus Energy Services's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-242.636/( (2311.943+2268.121)/ 2 )
=-242.636/2290.032
=-10.60 %

Paratus Energy Services's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-242.636/( (2311.943+2268.121)/ 2 )
=-242.636/2290.032
=-10.60 %

* 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 one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Paratus Energy Services  (OSL:PLSV) 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. 2023 )
=Net Income/Total Stockholders Equity
=-242.636/2290.032
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-242.636 / 1761.75)*(1761.75 / 10240.454)*(10240.454 / 2290.032)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.77 %*0.172*4.4718
=ROA %*Equity Multiplier
=-2.37 %*4.4718
=-10.60 %

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. 2023 )
=Net Income/Total Stockholders Equity
=-242.636/2290.032
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-242.636 / 10.549) * (10.549 / 495.822) * (495.822 / 1761.75) * (1761.75 / 10240.454) * (10240.454 / 2290.032)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= -23.0009 * 0.0213 * 28.14 % * 0.172 * 4.4718
=-10.60 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Paratus Energy Services ROE % Related Terms

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


Paratus Energy Services Business Description

Comparable Companies
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.

Paratus Energy Services Headlines

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