Offshore Oil Engineering Stock Return On Asset

600583 Stock   5.28  0.09  1.68%   
Offshore Oil Engineering fundamentals help investors to digest information that contributes to Offshore Oil's financial success or failures. It also enables traders to predict the movement of Offshore Stock. The fundamental analysis module provides a way to measure Offshore Oil's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Offshore Oil stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Offshore Oil Engineering Company Return On Asset Analysis

Offshore Oil's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Offshore Oil Return On Asset

    
  0.0214  
Most of Offshore Oil's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Offshore Oil Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Offshore Total Assets

Total Assets

22 Billion

At present, Offshore Oil's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Offshore Oil Engineering has a Return On Asset of 0.0214. This is 46.5% lower than that of the Energy Equipment & Services sector and 100.86% lower than that of the Energy industry. The return on asset for all China stocks is 115.29% lower than that of the firm.

Offshore Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Offshore Oil's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Offshore Oil could also be used in its relative valuation, which is a method of valuing Offshore Oil by comparing valuation metrics of similar companies.
Offshore Oil is currently under evaluation in return on asset category among its peers.

Offshore Fundamentals

About Offshore Oil Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Offshore Oil Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Offshore Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Offshore Oil Engineering based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Offshore Stock

Offshore Oil financial ratios help investors to determine whether Offshore Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Offshore with respect to the benefits of owning Offshore Oil security.