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. Live Verdure's annualized net income for the quarter that ended in Dec. 2023 was A$-9.85 Mil. Live Verdure's average shareholder tangible equity for the quarter that ended in Dec. 2023 was A$0.68 Mil. Therefore, Live Verdure's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -1,445.81%.
The historical rank and industry rank for Live Verdure's Return-on-Tangible-Equity or its related term are showing as below:
ASX:LV1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5152.73 Med: -194.6 Max: -77.32
Current: -1170.47
During the past 4 years, Live Verdure's highest Return-on-Tangible-Equity was -77.32%. The lowest was -5,152.73%. And the median was -194.60%.
ASX:LV1's Return-on-Tangible-Equity is ranked worse than 98.5% of 934
companies
in the Drug Manufacturers industry
Industry Median: 6.32
vs ASX:LV1: -1170.47
Live Verdure Return-on-Tangible-Equity Historical Data
The historical data trend for Live Verdure'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.
Competitive Comparison of Live Verdure's Return-on-Tangible-Equity
For the Drug Manufacturers - Specialty & Generic subindustry, Live Verdure'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.
Live Verdure's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Live Verdure's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Live Verdure's Return-on-Tangible-Equity falls into.
Live Verdure Return-on-Tangible-Equity Calculation
Live Verdure's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 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 two times the semi-annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Live Verdure (ASX:LV1) 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.
Live Verdure Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Live Verdure's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Live Verdure Ltd is an Australian Health, Wellness and Skincare company making a range of naturally-based products with effective active ingredients. Its products are predominantly sold Direct-to-Consumer (D2C), using the Company's websites. The Company is engaged in providing hemp-based products under 13 seeds brand name. The company focuses on development of Australian hemp food, beauty and nutraceutical products.
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