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The Hain Celestial Group (LTS:0J2I) Return-on-Tangible-Asset : -1.23% (As of Jun. 2024)


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What is The Hain Celestial Group Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. The Hain Celestial Group's annualized Net Income for the quarter that ended in Jun. 2024 was $-12 Mil. The Hain Celestial Group's average total tangible assets for the quarter that ended in Jun. 2024 was $953 Mil. Therefore, The Hain Celestial Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was -1.23%.

The historical rank and industry rank for The Hain Celestial Group's Return-on-Tangible-Asset or its related term are showing as below:

LTS:0J2I' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.39   Med: 2.13   Max: 13.21
Current: -7.62

During the past 13 years, The Hain Celestial Group's highest Return-on-Tangible-Asset was 13.21%. The lowest was -13.39%. And the median was 2.13%.

LTS:0J2I's Return-on-Tangible-Asset is ranked worse than
86.47% of 1929 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs LTS:0J2I: -7.62

The Hain Celestial Group Return-on-Tangible-Asset Historical Data

The historical data trend for The Hain Celestial Group's Return-on-Tangible-Asset 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.

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The Hain Celestial Group Return-on-Tangible-Asset Chart

The Hain Celestial Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.97 7.74 7.53 -11.27 -7.64

The Hain Celestial Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Return-on-Tangible-Asset 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 -7.30 -4.11 -5.42 -19.65 -1.23

Competitive Comparison of The Hain Celestial Group's Return-on-Tangible-Asset

For the Packaged Foods subindustry, The Hain Celestial Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


The Hain Celestial Group's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hain Celestial Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where The Hain Celestial Group's Return-on-Tangible-Asset falls into.



The Hain Celestial Group Return-on-Tangible-Asset Calculation

The Hain Celestial Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-75.042/( (1021.894+943.445)/ 2 )
=-75.042/982.6695
=-7.64 %

The Hain Celestial Group's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-11.748/( (962.834+943.445)/ 2 )
=-11.748/953.1395
=-1.23 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jun. 2024) net income data.


The Hain Celestial Group  (LTS:0J2I) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


The Hain Celestial Group Return-on-Tangible-Asset Related Terms

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The Hain Celestial Group Business Description

Traded in Other Exchanges
Address
221 River Street, Hoboken, NJ, USA, 07030
The Hain Celestial Group Inc is a health and wellness company. It makes natural and organic food and personal-care products. The company offers products across various categories such as snacks, baby & kids food, beverages, meal preparation, and personal care through brands like Garden Veggie Snacks, Terra chips, Garden of Eatin snacks, Hartley's Jelly, and Celestial Seasonings teas among others. It operates under two reportable segments; North America and International. The majority of its revenue is derived from the North America segment which represents the sale of its products in the United States and Canada. The International segment includes the sale of its products in the United Kingdom and the Western European region.

The Hain Celestial Group Headlines

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