
Nabors Energy Transition (NETC) Return on Invested Capital (ROIC)
Market Cap: $184.26M
Avg Volume: 76.76K
Industry: Shell Companies
Sector: Financial Services
Return on Invested Capital (ROIC) Summary
Nabors Energy Transition's ROIC measures how effectively the company uses its invested capital to generate profits:
- Annual: -0.44%
- Quarterly: -0.40%
- TTM: -0.84%
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 Nabors Energy Transition's profitability include:
- ROE (Return on Equity) - measures the return generated on shareholders' equity:
- Annual: 0.47%
- Quarterly: 0.45%
- TTM: 0.41%
- ROA (Return on Assets) - measures the return generated on the company's assets:
- Annual: 0.45%
- Quarterly: 0.40%
- TTM: 0.37%
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 ROIC
-0.44%
Quarterly ROIC
-0.40%
TTM ROIC
-0.84%
Nabors Energy Transition Historical ROIC
Historical ROE
Historical ROA
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 | ROIC | ROE | ROA |
---|---|---|---|
2022 | -0.44% | 0.47% | 0.45% |
2021 | 0.00% | -0.00% | -0.00% |
Related Metrics
Explore detailed financial metrics and analysis for NETC.