Layne Christensen Co (Layne Christensen Co) Return-on-Tangible-Equity : 23.65% (As of Apr. 2018)

Layne Christensen Co Return-on-Tangible-Equity Chart

Layne Christensen Co Annual Data
	Trend	Jan09	Jan10	Jan11	Jan12	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18
Return-on-Tangible-Equity		Get a 7-Day Free Trial					-39.24	-49.50	-31.19	-55.26	-46.98

Layne Christensen Co Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-153.52	-41.71	-19.69	23.99	23.65

Competitive Comparison of Layne Christensen Co's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Layne Christensen 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.

Layne Christensen Co's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Layne Christensen Co's Return-on-Tangible-Equity distribution charts can be found below:

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

Layne Christensen Co Return-on-Tangible-Equity Calculation

Layne Christensen Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2018 is calculated as

Layne Christensen Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2018 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 (Apr. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Layne Christensen Co  (NAS:LAYN) 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.

Layne Christensen Co Return-on-Tangible-Equity Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description