Himalaya Shipping (HSHP.OL) Return on Invested Capital (ROIC)

Price: $57.7
Market Cap: $2.69B
Avg Volume: 144.28K
Country: BM
Industry: Marine Shipping
Sector: Industrials
Beta: 0.896
52W Range: $49.05-103.6
Website: Himalaya Shipping

Return on Invested Capital (ROIC) Summary

Himalaya Shipping's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 7.67%
  • Quarterly: 1.60%
  • TTM: 7.64%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

Other important metrics to assess Himalaya Shipping's profitability include:

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 13.60%
    • Quarterly: 0.66%
    • TTM: 13.43%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 2.39%
    • Quarterly: 0.12%
    • TTM: 2.39%

These metrics provide insights into Himalaya Shipping's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROIC

7.67%

Quarterly ROIC

1.60%

TTM ROIC

7.64%

Himalaya Shipping Historical ROIC

8.82%8.82%7.83%7.83%6.84%6.84%5.85%5.85%4.86%4.86%3.87%3.87%2.89%2.89%1.90%1.90%0.91%0.91%-0.08%-0.08%-1.07%-1.07%ROIC7.67%2.46%-1.07%-0.78%20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

Historical ROE

15.64%15.64%13.86%13.86%12.08%12.08%10.30%10.30%8.52%8.52%6.74%6.74%4.96%4.96%3.18%3.18%1.40%1.40%-0.38%-0.38%-2.16%-2.16%ROE13.60%0.98%-2.16%-1.06%20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

Historical ROA

2.75%2.75%2.36%2.36%1.98%1.98%1.60%1.60%1.21%1.21%0.83%0.83%0.44%0.44%0.06%0.06%-0.33%-0.33%-0.71%-0.71%-1.10%-1.10%ROA2.39%0.25%-1.10%-1.02%20222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025

Himalaya Shipping Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2024.

Year ROIC ROE ROA
2024 7.67% 13.60% 2.39%
2023 2.46% 0.98% 0.25%
2022 -1.07% -2.16% -1.10%
2021 -0.78% -1.06% -1.02%

Related Metrics

Explore detailed financial metrics and analysis for HSHP.OL.