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KinderCare Learning (KinderCare Learning) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Sep. 2021)


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What is KinderCare Learning 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. KinderCare Learning's annualized net income for the quarter that ended in Sep. 2021 was $121.11 Mil. KinderCare Learning's average shareholder tangible equity for the quarter that ended in Sep. 2021 was $-1,260.22 Mil. Therefore, KinderCare Learning's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was Negative Tangible Equity%.

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

KLC's Return-on-Tangible-Equity is not ranked *
in the Education industry.
Industry Median: 10.13
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

KinderCare Learning Return-on-Tangible-Equity Historical Data

The historical data trend for KinderCare Learning'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.

KinderCare Learning Return-on-Tangible-Equity Chart

KinderCare Learning Annual Data
Trend Dec18 Dec19 Dec20
Return-on-Tangible-Equity
- - -

KinderCare Learning Quarterly Data
Dec18 Dec19 Sep20 Dec20 Jun21 Sep21
Return-on-Tangible-Equity Get a 7-Day Free Trial - - - - Negative Tangible Equity

Competitive Comparison of KinderCare Learning's Return-on-Tangible-Equity

For the Education & Training Services subindustry, KinderCare Learning'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.


KinderCare Learning's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, KinderCare Learning's Return-on-Tangible-Equity distribution charts can be found below:

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



KinderCare Learning Return-on-Tangible-Equity Calculation

KinderCare Learning's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-129.496/( (-1200.605+-1287.124 )/ 2 )
=-129.496/-1243.8645
=N/A %

KinderCare Learning's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=121.112/( (-1278.002+-1242.445)/ 2 )
=121.112/-1260.2235
=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 (Sep. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


KinderCare Learning  (NYSE:KLC) 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.


KinderCare Learning Return-on-Tangible-Equity Related Terms

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KinderCare Learning (KinderCare Learning) Business Description

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