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The Mosaic Co (FRA:02M) Return-on-Tangible-Equity : 1.64% (As of Mar. 2024)


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What is The Mosaic Co 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. The Mosaic Co's annualized net income for the quarter that ended in Mar. 2024 was €166 Mil. The Mosaic Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €10,128 Mil. Therefore, The Mosaic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 1.64%.

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

FRA:02M' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.77   Med: 9.08   Max: 35.18
Current: 7.04

During the past 13 years, The Mosaic Co's highest Return-on-Tangible-Equity was 35.18%. The lowest was -12.77%. And the median was 9.08%.

FRA:02M's Return-on-Tangible-Equity is ranked better than
51.87% of 241 companies
in the Agriculture industry
Industry Median: 6.33 vs FRA:02M: 7.04

The Mosaic Co Return-on-Tangible-Equity Historical Data

The historical data trend for The Mosaic Co'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.

The Mosaic Co Return-on-Tangible-Equity Chart

The Mosaic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.93 7.75 18.91 36.23 10.40

The Mosaic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.93 13.32 -0.15 13.09 1.64

Competitive Comparison of The Mosaic Co's Return-on-Tangible-Equity

For the Agricultural Inputs subindustry, The Mosaic Co'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.


The Mosaic Co's Return-on-Tangible-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Mosaic Co's Return-on-Tangible-Equity distribution charts can be found below:

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



The Mosaic Co Return-on-Tangible-Equity Calculation

The Mosaic Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=1068.213/( (10325.755+10226.017 )/ 2 )
=1068.213/10275.886
=10.40 %

The Mosaic Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=166.336/( (10226.017+10029.012)/ 2 )
=166.336/10127.5145
=1.64 %

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


The Mosaic Co  (FRA:02M) 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.


The Mosaic Co Return-on-Tangible-Equity Related Terms

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


The Mosaic Co (FRA:02M) Business Description

Traded in Other Exchanges
Address
101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in Florida, Brazil, and Peru and potash mines in Saskatchewan, New Mexico, and Brazil. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosiac Fertilizantes business, which the company acquired from Vale in 2018.

The Mosaic Co (FRA:02M) Headlines

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