What is Distribution Solutions Group 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. Distribution Solutions Group's annualized net income for the quarter that ended in Dec. 2023 was $-65 Mil. Distribution Solutions Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $10 Mil. Therefore, Distribution Solutions Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -625.97%.
The historical rank and industry rank for Distribution Solutions Group's Return-on-Tangible-Equity or its related term are showing as below:
DSGR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -355.83 Med: 5.1 Max: 50.82
Current: -355.83
During the past 13 years, Distribution Solutions Group's highest Return-on-Tangible-Equity was 50.82%. The lowest was -355.83%. And the median was 5.10%.
DSGR's Return-on-Tangible-Equity is ranked worse than 99.3% of 142
companies
in the Industrial Distribution industry
Industry Median: 11.765
vs DSGR: -355.83
Distribution Solutions Group Return-on-Tangible-Equity Historical Data
* 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.
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Distribution Solutions Group Return-on-Tangible-Equity Chart
Competitive Comparison of Distribution Solutions Group's Return-on-Tangible-Equity
For the Industrial Distribution subindustry, Distribution Solutions Group'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.
Distribution Solutions Group's Return-on-Tangible-Equity Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Distribution Solutions Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Distribution Solutions Group's Return-on-Tangible-Equity falls into.
Distribution Solutions Group Return-on-Tangible-Equity Calculation
Distribution Solutions Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Distribution Solutions Group (NAS:DSGR) 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.
Distribution Solutions Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Distribution Solutions Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Distribution Solutions Group (Distribution Solutions Group) Business Description
Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its leading manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education, and medical industries.
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