Nabors Energy Transition (NETC) Return on Equity (ROE)

Price: $11
Market Cap: $184.26M
Avg Volume: 76.76K
Country: US
Industry: Shell Companies
Sector: Financial Services
Beta: 0
52W Range: $8.55-12.0
Website: Nabors Energy Transition

Return on Equity (ROE) Summary

Nabors Energy Transition's ROE measures the return generated on shareholders' equity:

  • Annual: 0.47%
  • Quarterly: 0.45%
  • TTM: 0.41%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

Other important metrics to assess Nabors Energy Transition's profitability include:

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: -0.44%
    • Quarterly: -0.40%
    • TTM: -0.84%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 0.45%
    • Quarterly: 0.40%
    • TTM: 0.37%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 0.00%
    • Quarterly: 0.00%
    • TTM: 0.00%

These metrics provide insights into Nabors Energy Transition'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 ROE

0.47%

Quarterly ROE

0.45%

TTM ROE

0.41%

Nabors Energy Transition Historical ROE
0.47%0.47%0.38%0.38%0.28%0.28%0.19%0.19%0.09%0.09%-0.00%-0.00%ROE20222022Feb '22Feb '22Apr '22Apr '22Jun '22Jun '22Aug '22Aug '22Oct '22Oct '22Nov '22Nov '2220232023
Historical ROIC
0.09%0.09%0.00%0.00%-0.09%-0.09%-0.18%-0.18%-0.26%-0.26%-0.35%-0.35%-0.44%-0.44%ROIC20222022Feb '22Feb '22Apr '22Apr '22Jun '22Jun '22Aug '22Aug '22Oct '22Oct '22Nov '22Nov '2220232023
Historical ROA
0.45%0.45%0.36%0.36%0.27%0.27%0.18%0.18%0.09%0.09%-0.00%-0.00%ROA20222022Feb '22Feb '22Apr '22Apr '22Jun '22Jun '22Aug '22Aug '22Oct '22Oct '22Nov '22Nov '2220232023

Nabors Energy Transition Historical Profitability Metrics

The table below shows various profitability metrics for each year, with the latest data available for the last fiscal year 2022.

Year ROE ROIC ROA Profit Margin
2022 0.47% -0.44% 0.45% 0.00%
2021 -0.00% 0.00% -0.00% 0.00%

Related Metrics

Explore detailed financial metrics and analysis for NETC.