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British Land Co (British Land Co) Return-on-Tangible-Equity : -2.27% (As of Sep. 2023)


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What is British Land Co Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. British Land Co's annualized net income for the quarter that ended in Sep. 2023 was $-151.0 Mil. British Land Co's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $6,652.9 Mil. Therefore, British Land Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -2.27%.

The historical rank and industry rank for British Land Co's Return-on-Tangible-Equity or its related term are showing as below:

BTLCY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.36   Med: 3.71   Max: 22.83
Current: -18.36

During the past 13 years, British Land Co's highest Return-on-Tangible-Equity was 22.83%. The lowest was -18.36%. And the median was 3.71%.

BTLCY's Return-on-Tangible-Equity is ranked worse than
94.7% of 793 companies
in the REITs industry
Industry Median: 4.59 vs BTLCY: -18.36

British Land Co Return-on-Tangible-Equity Historical Data

The historical data trend for British Land Co's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

British Land Co Return-on-Tangible-Equity Chart

British Land Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.19 -12.81 -16.93 14.85 -16.19

British Land Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.14 17.93 -0.89 -34.57 -2.27

Competitive Comparison of British Land Co's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, British Land Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


British Land Co's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, British Land Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where British Land Co's Return-on-Tangible-Equity falls into.



British Land Co Return-on-Tangible-Equity Calculation

British Land Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=-1259.709/( (8885.375+6679.611 )/ 2 )
=-1259.709/7782.493
=-16.19 %

British Land Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-150.99/( (6679.611+6626.238)/ 2 )
=-150.99/6652.9245
=-2.27 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


British Land Co  (OTCPK:BTLCY) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


British Land Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of British Land Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


British Land Co (British Land Co) Business Description

Traded in Other Exchanges
Address
45 Seymour Street, York House, London, GBR, W1H 7LX
British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.

British Land Co (British Land Co) Headlines

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