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Alon Blue Square Israel (Alon Blue Square Israel) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Mar. 2016)


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What is Alon Blue Square Israel 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. Alon Blue Square Israel's annualized net income for the quarter that ended in Mar. 2016 was $59.2 Mil. Alon Blue Square Israel's average shareholder tangible equity for the quarter that ended in Mar. 2016 was $-63.7 Mil. Therefore, Alon Blue Square Israel's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 was Negative Tangible Equity%.

The historical rank and industry rank for Alon Blue Square Israel's Return-on-Tangible-Equity or its related term are showing as below:

BSIRY's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.55
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Alon Blue Square Israel Return-on-Tangible-Equity Historical Data

The historical data trend for Alon Blue Square Israel'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.

Alon Blue Square Israel Return-on-Tangible-Equity Chart

Alon Blue Square Israel Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - - - -

Alon Blue Square Israel Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 Alon Blue Square Israel's Return-on-Tangible-Equity

For the Department Stores subindustry, Alon Blue Square Israel'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.


Alon Blue Square Israel's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alon Blue Square Israel's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alon Blue Square Israel's Return-on-Tangible-Equity falls into.



Alon Blue Square Israel Return-on-Tangible-Equity Calculation

Alon Blue Square Israel's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=-341.495/( (-127.964+-72.137 )/ 2 )
=-341.495/-100.0505
=N/A %

Alon Blue Square Israel's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=59.184/( (-72.137+-55.23)/ 2 )
=59.184/-63.6835
=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 (Mar. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alon Blue Square Israel  (OTCPK:BSIRY) 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.


Alon Blue Square Israel Return-on-Tangible-Equity Related Terms

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Alon Blue Square Israel (Alon Blue Square Israel) Business Description

Traded in Other Exchanges
N/A
Address
Alon Blue Square Israel Ltd was incorporated in June 1988 as a company under the laws of the State of Israel. The Company owns and operates supermarkets and retail outlets. It operates in four reporting segments: Supermarkets, Fueling and Commercial sites, Non-Food Retail & Wholesale, and Real Estate. In its Supermarkets segment, it is a food retailer in the State of Israel. In its Fueling and Commercial Sites segment, it operates a chain of filling stations and convenience stores in different formats in Israel. In its 'Non-Food' segment, it sells 'Non-Food' items both in its supermarkets and in stand alone outlets. In its Real Estate segment, it owns leases and develops yield-generating commercial properties and residency projects. Through its supermarkets, it offers a range of food and beverage products and 'Non-Food' items, such as houseware, small electrical appliances, computers and computer accessories, entertainment products and textile products, and 'Near-Food' products, such as health and beauty aids, products for babies, cosmetics and hygiene products. It also operates several houseware departments within its large stores. Through its stand alone 'Non-Food' outlets, it offers a range of houseware and home textile, toys, leisure and baby products. The Company competes with the other supermarket chain, Shufersal, low-priced smaller supermarket chains, independent grocers, open-air markets, and other retailers selling supermarket goods. Its non-food business is subject to Israeli laws relating to imports, customs, labeling of products and consumer protection laws, as well as to labor laws and license and permit laws as apply to the operation of its network of stores. The Company is subject to safety tests, quality control and certification by the Standards Institution of Israel.

Alon Blue Square Israel (Alon Blue Square Israel) Headlines

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