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Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


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What is Ag Anadolu Grubu Holding Anonim Sirketi 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. Ag Anadolu Grubu Holding Anonim Sirketi's annualized net income for the quarter that ended in Dec. 2023 was ₺48,429 Mil. Ag Anadolu Grubu Holding Anonim Sirketi's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₺-49,795 Mil. Therefore, Ag Anadolu Grubu Holding Anonim Sirketi's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was Negative Tangible Equity%.

The historical rank and industry rank for Ag Anadolu Grubu Holding Anonim Sirketi's Return-on-Tangible-Equity or its related term are showing as below:

IST:AGHOL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.56   Med: -1.56   Max: -1.56
Current: Negative Tangible Equity

During the past 13 years, Ag Anadolu Grubu Holding Anonim Sirketi's highest Return-on-Tangible-Equity was -1.56%. The lowest was -1.56%. And the median was -1.56%.

IST:AGHOL's Return-on-Tangible-Equity is ranked better than
99.8% of 510 companies
in the Conglomerates industry
Industry Median: 7.385 vs IST:AGHOL: Negative Tangible Equity

Ag Anadolu Grubu Holding Anonim Sirketi Return-on-Tangible-Equity Historical Data

The historical data trend for Ag Anadolu Grubu Holding Anonim Sirketi'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.

Ag Anadolu Grubu Holding Anonim Sirketi Return-on-Tangible-Equity Chart

Ag Anadolu Grubu Holding Anonim Sirketi 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 Negative Tangible Equity - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Ag Anadolu Grubu Holding Anonim Sirketi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Ag Anadolu Grubu Holding Anonim Sirketi's Return-on-Tangible-Equity

For the Conglomerates subindustry, Ag Anadolu Grubu Holding Anonim Sirketi'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.


Ag Anadolu Grubu Holding Anonim Sirketi's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ag Anadolu Grubu Holding Anonim Sirketi's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ag Anadolu Grubu Holding Anonim Sirketi's Return-on-Tangible-Equity falls into.



Ag Anadolu Grubu Holding Anonim Sirketi Return-on-Tangible-Equity Calculation

Ag Anadolu Grubu Holding Anonim Sirketi'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 )
=19638.48/( (-82136.292+-60973.549 )/ 2 )
=19638.48/-71554.9205
=Negative Tangible Equity %

Ag Anadolu Grubu Holding Anonim Sirketi's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=48429.264/( (-38615.741+-60973.549)/ 2 )
=48429.264/-49794.645
=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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ag Anadolu Grubu Holding Anonim Sirketi  (IST:AGHOL) 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.


Ag Anadolu Grubu Holding Anonim Sirketi Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Ag Anadolu Grubu Holding Anonim Sirketi's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) Business Description

Traded in Other Exchanges
N/A
Address
Fatih Sultan Mehmet Mahallesi Balkan Caddesi No. 58, Buyaka E Blok Ümraniye, Istanbul, TUR, 34752
Ag Anadolu Grubu Holding Anonim Sirketi, formerly Yazicilar Holding AS, is a holding company. The company through its subsidiaries manages six primary segments: Automotive (including passenger vehicles, commercial vehicles, generators, spare and component parts, operational lease); Migros (retail, stationery, chain restaurant management, and tourism), Beer, Soft-drinks, Energy and industry, and other (information technologies and trade). The largest three segments by profit are Migros, Soft-drinks, and Beer.

Ag Anadolu Grubu Holding Anonim Sirketi (IST:AGHOL) Headlines

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