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Wheeler Real Estate Investment Trust (Wheeler Real Estate Investment Trust) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


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What is Wheeler Real Estate Investment Trust 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. Wheeler Real Estate Investment Trust's annualized net income for the quarter that ended in Dec. 2023 was $65.8 Mil. Wheeler Real Estate Investment Trust's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-58.9 Mil. Therefore, Wheeler Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was Negative Tangible Equity%.

The historical rank and industry rank for Wheeler Real Estate Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

During the past 13 years, Wheeler Real Estate Investment Trust's highest Return-on-Tangible-Equity was 35.64%. The lowest was -150.11%. And the median was -42.65%.

WHLR's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.535
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Wheeler Real Estate Investment Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Wheeler Real Estate Investment Trust'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.

Wheeler Real Estate Investment Trust Return-on-Tangible-Equity Chart

Wheeler Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -150.11 35.64 - - -

Wheeler Real Estate Investment Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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

Competitive Comparison of Wheeler Real Estate Investment Trust's Return-on-Tangible-Equity

For the REIT - Retail subindustry, Wheeler Real Estate Investment Trust'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.


Wheeler Real Estate Investment Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Wheeler Real Estate Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Wheeler Real Estate Investment Trust's Return-on-Tangible-Equity falls into.



Wheeler Real Estate Investment Trust Return-on-Tangible-Equity Calculation

Wheeler Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-4.687/( (-43.752+-40.35 )/ 2 )
=-4.687/-42.051
=N/A %

Wheeler Real Estate Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=65.78/( (-77.546+-40.35)/ 2 )
=65.78/-58.948
=Negative Tangible Equity %

* 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.


Wheeler Real Estate Investment Trust  (NAS:WHLR) 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.


Wheeler Real Estate Investment Trust Return-on-Tangible-Equity Related Terms

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


Wheeler Real Estate Investment Trust (Wheeler Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
2529 Virginia Beach Boulevard, Virginia Beach, VA, USA, 23452
Wheeler Real Estate Investment Trust Inc is a self-managed commercial real estate investment company. It owns, leases and operates income-producing retail properties with a primary focus on grocery-anchored centers. The company's properties include Alex City Marketplace in Alexander City, Alabama; Bryan Station in Lexington, Kentucky; Cardinal Plaza in Henderson, North Carolina; Clover Plaza in Clover, South Carolina; Winslow Plaza in Sicklerville, New Jersey and many more.
Executives
Joseph Stilwell director, 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Steamboat Capital Partners, Llc 10 percent owner 24 MAPLE AVENUE, RYE NY 10580
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Ceof Holdings Lp 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Stilwell Associates L P 10 percent owner 111 BROADWAY, 12TH FLOOR, NEW YORK NY 10006
Dennis Pollack director 3 PENNS TRAIL, NEWTOWN PA 18940
Kerry G. Campbell director 2529 VIRGINIA BEACH BLVD., VIRGINIA BEACH VA 23452
Megan Parisi director 200 CALLE DEL SANTO CRISTO, SEGUNDO PISO, SAN JUAN PR 00901
David J. Snyderman 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Parsa Kiai 10 percent owner 420 LEXINGTON AVENUE, SUITE 2300, NY NY 10170
Michael Andrew Franklin officer: Interim CEO RIVERSEDGE NORTH, 2529 VIRGINIA BEACH BLVD, SUITE 200, VIRGINIA BEACH VA 23452
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alec N Litowitz 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201