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Essar Shipping (BOM:533704) 1-Year ROIIC % : 2.21% (As of Sep. 2024)


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What is Essar Shipping 1-Year ROIIC %?

1-Year Return on Invested Incremental Capital (1-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 1-year. Essar Shipping's 1-Year ROIIC % for the quarter that ended in Sep. 2024 was 2.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Essar Shipping's 1-Year ROIIC % or its related term are showing as below:

BOM:533704's 1-Year ROIIC % is ranked better than
54.15% of 927 companies
in the Transportation industry
Industry Median: -0.12 vs BOM:533704: 2.21

Essar Shipping 1-Year ROIIC % Historical Data

The historical data trend for Essar Shipping's 1-Year ROIIC % 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.

Essar Shipping 1-Year ROIIC % Chart

Essar Shipping Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
1-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.46 -336.45 -6.67 1,717.10 22.46

Essar Shipping Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
1-Year ROIIC % 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 -1.51 - 22.46 - 2.21

Competitive Comparison of Essar Shipping's 1-Year ROIIC %

For the Marine Shipping subindustry, Essar Shipping's 1-Year ROIIC %, along with its competitors' market caps and 1-Year ROIIC % 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.


Essar Shipping's 1-Year ROIIC % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's 1-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Essar Shipping's 1-Year ROIIC % falls into.



Essar Shipping 1-Year ROIIC % Calculation

Essar Shipping's 1-Year ROIIC % for the quarter that ended in Sep. 2024 is calculated as:

1-Year ROIIC %=1-Year Incremental Net Operating Profit After Taxes (NOPAT)**/1-Year Incremental Invested Capital
=( -701.1 (Sep. 2024) - -300.6776 (Sep. 2023) )/( 13813.5 (Sep. 2024) - 31946.4 (Sep. 2023) )
=-400.4224/-18132.9
=2.21%***

* 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.

** TTM data of NOPAT and Invested Capital was used to calculate 1-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Essar Shipping  (BOM:533704) 1-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Essar Shipping 1-Year ROIIC % Related Terms

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Essar Shipping Business Description

Traded in Other Exchanges
Address
11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure (comprising Ports and EPC businesses), Metals and Mining, and Services (Shipping, IT, and Retail businesses). It also provides oilfield drilling services. The oilfields services business provides contract drilling services to oil and gas companies across the globe. The company generates maximum revenue from fleet operating and chartering segments.

Essar Shipping Headlines

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