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Cindrella Hotels (BOM:526373) Return-on-Tangible-Equity : 4.44% (As of Jun. 2024)


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What is Cindrella Hotels 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. Cindrella Hotels's annualized net income for the quarter that ended in Jun. 2024 was ₹5.26 Mil. Cindrella Hotels's average shareholder tangible equity for the quarter that ended in Jun. 2024 was ₹118.38 Mil. Therefore, Cindrella Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 4.44%.

The historical rank and industry rank for Cindrella Hotels's Return-on-Tangible-Equity or its related term are showing as below:

BOM:526373' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.43   Med: 4.37   Max: 25.73
Current: 1.02

During the past 13 years, Cindrella Hotels's highest Return-on-Tangible-Equity was 25.73%. The lowest was -9.43%. And the median was 4.37%.

BOM:526373's Return-on-Tangible-Equity is ranked worse than
69.07% of 750 companies
in the Travel & Leisure industry
Industry Median: 7.355 vs BOM:526373: 1.02

Cindrella Hotels Return-on-Tangible-Equity Historical Data

The historical data trend for Cindrella Hotels'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.

Cindrella Hotels Return-on-Tangible-Equity Chart

Cindrella Hotels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.38 -9.43 4.39 25.73 5.67

Cindrella Hotels 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-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 23.63 2.62 -1.07 -1.98 4.44

Competitive Comparison of Cindrella Hotels's Return-on-Tangible-Equity

For the Lodging subindustry, Cindrella Hotels'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.


Cindrella Hotels's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cindrella Hotels's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cindrella Hotels's Return-on-Tangible-Equity falls into.



Cindrella Hotels Return-on-Tangible-Equity Calculation

Cindrella Hotels's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=6.564/( (112.977+118.376 )/ 2 )
=6.564/115.6765
=5.67 %

Cindrella Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=5.26/( (118.376+0)/ 1 )
=5.26/118.376
=4.44 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cindrella Hotels  (BOM:526373) 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.


Cindrella Hotels Return-on-Tangible-Equity Related Terms

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


Cindrella Hotels Business Description

Traded in Other Exchanges
N/A
Address
3rd Mile, Siliguri, Sevoke Road, The Cindrella Hotel, Siliguri, WB, IND, 734008
Cindrella Hotels Ltd is an Indian firm operating in the lodging business. The firm is engaged in the hospitality, travel, and tourism sectors and operates chains of hotels. It is involved in selling tour packages to both domestic and international travelers. The business manages a hotel in Siliguri, North Bengal, and its allied business activities in the states of Sikkim and Bhutan. Revenue comprises the sale of rooms, food and beverages, and allied services relating to hotel operations.

Cindrella Hotels Headlines

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