Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Star Bulk Carriers (NASDAQ:SBLK) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]

Star Bulk Carriers Corp. - Common Shares (SBLK) 
Last star bulk carriers corp. - common shares earnings: 2/19 05:44 pm Check Earnings Report
US:NASDAQ Investor Relations: starbulk.com/en/investor-relations
Company Research Source: Yahoo! Finance
return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. Speaking of which, we noticed some great changes in Star Bulk Carriers' NASDAQ:SBLK ) returns on capital, so let's have a look. What Is Return On Capital Employed (ROCE)? For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Star Bulk Carriers, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.09 = US$338m ÷ (US$4.2b - US$477m) (Based on the trailing twelve months to June 2024) Thus, Star Bulk Carriers has an ROCE of 9.0%. Even though it's in line with the industry average of 9.0%, it's still a low return by itself. Above you can see how the current ROCE for Sta Show less Read more
Impact Snapshot
Event Time:
SBLK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
SBLK alerts

from News Quantified
Opt-in for
SBLK alerts

from News Quantified