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Divall Insuredome Properties 2 LP (Divall Insuredome Properties 2 LP) Return-on-Tangible-Equity : 18.62% (As of Jun. 2023)


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What is Divall Insuredome Properties 2 LP 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. Divall Insuredome Properties 2 LP's annualized net income for the quarter that ended in Jun. 2023 was $0.66 Mil. Divall Insuredome Properties 2 LP's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $3.52 Mil. Therefore, Divall Insuredome Properties 2 LP's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 18.62%.

The historical rank and industry rank for Divall Insuredome Properties 2 LP's Return-on-Tangible-Equity or its related term are showing as below:

DIVVZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.17   Med: 17.55   Max: 53.89
Current: 53.89

During the past 13 years, Divall Insuredome Properties 2 LP's highest Return-on-Tangible-Equity was 53.89%. The lowest was 8.17%. And the median was 17.55%.

DIVVZ's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 3.06 vs DIVVZ: 53.89

Divall Insuredome Properties 2 LP Return-on-Tangible-Equity Historical Data

The historical data trend for Divall Insuredome Properties 2 LP'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.

Divall Insuredome Properties 2 LP Return-on-Tangible-Equity Chart

Divall Insuredome Properties 2 LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 18.32 17.09 35.90 51.89

Divall Insuredome Properties 2 LP Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 124.40 19.63 56.87 122.02 18.62

Competitive Comparison of Divall Insuredome Properties 2 LP's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Divall Insuredome Properties 2 LP'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.


Divall Insuredome Properties 2 LP's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Divall Insuredome Properties 2 LP's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Divall Insuredome Properties 2 LP's Return-on-Tangible-Equity falls into.



Divall Insuredome Properties 2 LP Return-on-Tangible-Equity Calculation

Divall Insuredome Properties 2 LP's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=2.07/( (4.571+3.407 )/ 2 )
=2.07/3.989
=51.89 %

Divall Insuredome Properties 2 LP's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=0.656/( (4.067+2.98)/ 2 )
=0.656/3.5235
=18.62 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Divall Insuredome Properties 2 LP  (OTCPK:DIVVZ) 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.


Divall Insuredome Properties 2 LP Return-on-Tangible-Equity Related Terms

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Divall Insuredome Properties 2 LP (Divall Insuredome Properties 2 LP) Business Description

Traded in Other Exchanges
N/A
Address
1900 W, 75th Street, Suite 100 Prairie Village, Kansas City, MO, USA, 66208
Divall Insured Income Properties 2 LP is engaged in the business of owning and operating its investment portfolio of commercial real estate properties. The company leases its properties on a triple net basis to franchisees of national, regional, and local retail chains. Its lessees are predominantly fast food, family style, and casual or theme restaurants. It earns revenue in the form of rent.
Executives
Jesse Small 10 percent owner 401 NW 10TH TERRACE, HALLANDALE FL 33009

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