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Ceramica Carabobo CA CCR (CAR:CCR) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Ceramica Carabobo CA CCR 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. Ceramica Carabobo CA CCR's annualized net income for the quarter that ended in . 20 was VES Mil. Ceramica Carabobo CA CCR's average shareholder tangible equity for the quarter that ended in . 20 was VES Mil. Therefore, Ceramica Carabobo CA CCR's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Ceramica Carabobo CA CCR's Return-on-Tangible-Equity or its related term are showing as below:

CAR:CCR's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 7.85
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Ceramica Carabobo CA CCR Return-on-Tangible-Equity Historical Data

The historical data trend for Ceramica Carabobo CA CCR'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.

Ceramica Carabobo CA CCR Return-on-Tangible-Equity Chart

Ceramica Carabobo CA CCR Annual Data
Trend
Return-on-Tangible-Equity

Ceramica Carabobo CA CCR Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Ceramica Carabobo CA CCR's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, Ceramica Carabobo CA CCR'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.


Ceramica Carabobo CA CCR's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ceramica Carabobo CA CCR's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ceramica Carabobo CA CCR's Return-on-Tangible-Equity falls into.



Ceramica Carabobo CA CCR Return-on-Tangible-Equity Calculation

Ceramica Carabobo CA CCR's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Ceramica Carabobo CA CCR's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Ceramica Carabobo CA CCR  (CAR:CCR) 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.


Ceramica Carabobo CA CCR Return-on-Tangible-Equity Related Terms

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Ceramica Carabobo CA CCR (CAR:CCR) Business Description

Traded in Other Exchanges
N/A
Address
Av Lisandro Alvarado Service Street, Sector C-04, Valencia, VEN
Ceramica Carabobo CA CCR produces ceramic tiles for floors and walls in Venezuela. The company offers a wide variety of products for floor, wall, indoor and outdoor use. Its product includes Corsica, Calacatta, davinci among others.