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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. Citi Trends's annualized net income for the quarter that ended in Jan. 2024 was $14.2 Mil. Citi Trends's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $155.4 Mil. Therefore, Citi Trends's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 9.14%.
The historical rank and industry rank for Citi Trends's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, Citi Trends's highest Return-on-Tangible-Equity was 44.49%. The lowest was -7.55%. And the median was 8.28%.
The historical data trend for Citi Trends'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.
Citi Trends Annual Data | |||||||||||||||||||||
Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | 9.21 | 14.33 | 44.49 | 41.68 | -7.39 |
Citi Trends Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | 16.34 | -16.26 | -12.74 | -10.00 | 9.14 |
For the Apparel Retail subindustry, Citi Trends'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.
For the Retail - Cyclical industry and Consumer Cyclical sector, Citi Trends's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Citi Trends's Return-on-Tangible-Equity falls into.
Citi Trends's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Jan. 2024 ) | (A: Jan. 2023 ) | (A: Jan. 2024 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Jan. 2024 ) | (A: Jan. 2023 ) | (A: Jan. 2024 ) | |||||
= | -11.979 | / | ( (166.444 | + | 157.706 ) | / 2 ) | |
= | -11.979 | / | 162.075 | ||||
= | -7.39 % |
Citi Trends's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Jan. 2024 ) | (Q: Oct. 2023 ) | (Q: Jan. 2024 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Jan. 2024 ) | (Q: Oct. 2023 ) | (Q: Jan. 2024 ) | |||||
= | 14.204 | / | ( (153.066 | + | 157.706) | / 2 ) | |
= | 14.204 | / | 155.386 | ||||
= | 9.14 % |
* 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 four times the quarterly (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Citi Trends (NAS:CTRN) 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.
Thank you for viewing the detailed overview of Citi Trends's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Fund 1 Investments, Llc | 10 percent owner | 100 CARR 115, UNIT 1900, RINCON PR 00677 |
Jonathan Duskin | director | MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013 |
Pleasant Lake Partners Llc | 10 percent owner | 100 CARR 115 UNIT 1900, RINCON PR 00677 |
Pleasant Lake Onshore Feeder Fund Lp | 10 percent owner | 100 CARR 115 UNIT 1900, RINCON PR 00677 |
Vivek Bhargava | officer: SVP, Supply Chain Operations | 104 COLEMAN BOULEVARD, SAVANNAH GA 31408 |
Ivy D Council | officer: SR VP of HR, Chief Compl Offcr | C/O CITI TRENDS, INC., 102 FAHM STREET, SAVANNAH GA 31401 |
David N. Makuen | director, officer: Chief Executive Officer | C/O FIVE BELOW, INC., 1818 MARKET STREET, SUITE 2000, PHILADELPHIA PA 19103 |
Heather L Plutino | officer: EVP and CFO | 104 COLEMAN BOULEVARD, SAVANNAH GA 31408 |
Brian Carney | director | 5555 DARROW RD, HUDSON OH 44236 |
Laurens Goff | director | C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408 |
Jessica Berkowitz | officer: SVP, Planning and Allocation | 104 COLEMAN BOULEVARD, SAVANNAH GA 31408 |
Kenneth Duane Seipel | director | 26972 BURBANK, FOOTHILL RANCH CA 92610 |
Christina M Francis | director | 104 COLEMAN BOULEVARD, SAVANNAH GA 31408 |
Lisa A. Powell | officer: Chief Merchandising Officer | C/O CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408 |
Charles J. Hynes | officer: Senior VP - Supply Chain | CITI TRENDS, INC., 104 COLEMAN BLVD., SAVANNAH GA 31408 |
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