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Kraton (Kraton) Return-on-Tangible-Equity : 153.04% (As of Dec. 2021)


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What is Kraton 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. Kraton's annualized net income for the quarter that ended in Dec. 2021 was $190 Mil. Kraton's average shareholder tangible equity for the quarter that ended in Dec. 2021 was $124 Mil. Therefore, Kraton's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was 153.04%.

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

KRA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.65   Med: -0.14   Max: 463.6
Current: 463.6

During the past 13 years, Kraton's highest Return-on-Tangible-Equity was 463.60%. The lowest was -3.65%. And the median was -0.14%.

KRA's Return-on-Tangible-Equity is not ranked
in the Chemicals industry.
Industry Median: 5.71 vs KRA: 463.60

Kraton Return-on-Tangible-Equity Historical Data

The historical data trend for Kraton'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.

Kraton Return-on-Tangible-Equity Chart

Kraton Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity - 347.35

Kraton Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - Negative Tangible Equity 84,431.30 377.00 153.04

Competitive Comparison of Kraton's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Kraton'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.


Kraton's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kraton's Return-on-Tangible-Equity distribution charts can be found below:

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



Kraton Return-on-Tangible-Equity Calculation

Kraton's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=170.226/( (-65.432+163.446 )/ 2 )
=170.226/49.007
=347.35 %

Kraton's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Sep. 2021 )(Q: Dec. 2021 )
=190.248/( (85.172+163.446)/ 2 )
=190.248/124.309
=153.04 %

* 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 (Dec. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kraton  (NYSE:KRA) 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.


Kraton Return-on-Tangible-Equity Related Terms

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


Kraton (Kraton) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15710 John F. Kennedy Boulevard, Suite 300, Houston, TX, USA, 77032
Kraton Corp is a specialty chemicals company that primarily manufactures elastomers and synthetic replacements for rubber. The company's operating segments include polymer and chemical. It generates a majority revenue from the polymer segment. The polymer segment is composed of styrenic block copolymers (SBCs) and other engineered polymers business. The firm's chemical segment is composed of its pine-based specialty products business. It is a geographically diverse company, oprating in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The company's products are used in a wide range of applications, including adhesives, coatings, consumer and personal care products, sealants, lubricants, medical, packaging, automotive, paving and roofing, and footwear products.
Executives
Kevin Michael Fogarty director, officer: President and CEO 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
Vijay Mhetar officer: SVP, Chief Technology Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Marcello C Boldrini officer: SVP & Chemical Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Chris H. Russell officer: VP, Chief Accounting Officer 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSOTN TX 77032
James Leo Simmons officer: SVP, General Counsel & Sec. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Mark Santangelo officer: SVP, Global Operations 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Atanas H Atanasov officer: SVP, CFO and Treasurer C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136
Haddad Jose Fernando Cherubini other: Former SVP, Global Operations 15710 JOHN F KENNEDY BLVD SUITE 300 HOUSTON TX 77032
Heba Botros other: Former VP, Corp. Dev. 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Holger R. Jung officer: SVP & Polymer Seg. President 15710 JOHN F. KENNEDY BLVD. SUITE 300 HOUSTON TX 77032
Suzanna Pesgens officer: VP, Chief Procurement Officer 15710 JOHN F. KENNEDY BLVD.,SUITE 300 HOUSTON TX 77004
Melinda Scissors Conley officer: SVP & Chief HR Officer 15710 JFK BOULEVARD, SUITE 300 HOUSTON TX 77032
Shelley J Bausch director 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Billie Ida Williamson director 151 DETROIT STREET, DENVER CO 80206
Dan F Smith director 1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010

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