What is the ROCE (Return on Capital Employed) of Euronav this year?
The ROCE of Euronav is 0.25 undefined this year.
Euronav ROCE 2024
Euronav ROCE
0.25
Ticker
EURN.BR
ISIN
BE0003816338
WKN
A0DNRS
In 2024, Euronav's return on capital employed (ROCE) was 0.25, a 177.46% increase from the 0.09 ROCE in the previous year.
Euronav Aktienanalyse
What does Euronav do?
Euronav NV is an international shipping company based in Antwerp, Belgium. It was founded in 1995 and specializes in the transportation of crude oil and petroleum products. Euronav is one of the largest independent tanker shipping companies in the world, operating a fleet of approximately 80 vessels. The company uses its ships to transport oil from producers to ports around the world, prioritizing safety and utilizing advanced technology. Euronav operates a combined strategy of spot market and long-term charter contracts to generate revenue from both short and long-term transactions. This allows the company to benefit from market volatility and adapt accordingly. Additionally, Euronav seeks synergies with other shipping companies and forms partnerships to further expand its business. Since 2014, Euronav has been jointly active with Frontline in the company Tankers International, operating the largest tanker fleet in the world. Euronav is divided into two business segments: Tankers and FSO (Floating Storage and Offloading). The Tankers segment includes all activities related to the transport of liquid cargoes such as crude oil and petroleum products, as well as the operation of tankers. The FSO segment involves the sale of FSO units, typically used for offshore storage of oil, gas, and petrochemical products. This enables continuous production on land without transportation constraints. Euronav operates a wide range of tankers suitable for transporting various oil products, including crude oil, refined oil, jet fuel, and LPG. The fleet includes the largest tankers currently in the industry, with capacities ranging from 300,000 barrels to 3 million barrels per vessel. The FSO units are flexible and can be configured according to demand, serving as either storage units for crude oil or gas terminals. Euronav was founded in 1995 by three Belgians: Paddy Rodgers, Marc Saverys, and Hugo de Stoop. The company resulted from the merger of two companies: Petrobulk, specializing in the transport of crude oil and chemicals, and CMBT, a leading shipping and logistics group. Over the years, Euronav expanded and acquired several other shipping companies. Today, it is one of the world's leading tanker shipping companies. In summary, Euronav NV is an internationally operating shipping company specializing in the transportation of crude oil and petroleum products. It operates a fleet of approximately 80 tankers and FSO units, engaging in spot market and long-term charter contracts. The company is divided into two business segments: Tankers and FSO. The fleet includes the largest tankers in the world, with capacities of up to 3 million barrels per vessel. Founded in 1995, Euronav has since grown through mergers and acquisitions to become one of the largest independent tanker shipping companies in the world. Euronav ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROCE Details
Unraveling Euronav's Return on Capital Employed (ROCE)
Euronav's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing Euronav's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
Euronav's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in Euronav’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about Euronav stock
How has the ROCE (Return on Capital Employed) of Euronav developed compared to the previous year?
The ROCE of Euronav has increased by 177.46% increased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of Euronav?
A high Return on Capital Employed (ROCE) indicates that Euronav has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of Euronav?
A low ROCE (Return on Capital Employed) can indicate that Euronav has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from Euronav impact the company?
An increase in the ROCE of Euronav can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of Euronav affect the company?
A decrease in ROCE of Euronav can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of Euronav?
Some factors that can affect Euronav's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of Euronav so important for investors?
The ROCE of Euronav is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can Euronav take to improve the ROCE?
To improve the ROCE, Euronav can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
How much dividend does Euronav pay?
Over the past 12 months, Euronav paid a dividend of 3.2 USD . This corresponds to a dividend yield of about 19.69 %. For the coming 12 months, Euronav is expected to pay a dividend of 3.41 USD.
What is the dividend yield of Euronav?
The current dividend yield of Euronav is 19.69 %.
When does Euronav pay dividends?
Euronav pays a quarterly dividend. This is distributed in the months of January, June, August, August.
How secure is the dividend of Euronav?
Euronav paid dividends every year for the past 12 years.
What is the dividend of Euronav?
For the upcoming 12 months, dividends amounting to 3.41 USD are expected. This corresponds to a dividend yield of 20.99 %.
In which sector is Euronav located?
Euronav is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Euronav kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Euronav from 7/18/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 7/10/2024.
When did Euronav pay the last dividend?
The last dividend was paid out on 7/18/2024.
What was the dividend of Euronav in the year 2023?
In the year 2023, Euronav distributed 0.12 USD as dividends.
In which currency does Euronav pay out the dividend?
The dividends of Euronav are distributed in USD.
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Andere Kennzahlen von Euronav
Our stock analysis for Euronav Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Euronav Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
