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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Return-on-Tangible-Equity : -44.40% (As of Jan. 2024)


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What is ICG-Longbow Senior Secured UK Prop Debt Inv 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. ICG-Longbow Senior Secured UK Prop Debt Inv's annualized net income for the quarter that ended in Jan. 2024 was £-20.33 Mil. ICG-Longbow Senior Secured UK Prop Debt Inv's average shareholder tangible equity for the quarter that ended in Jan. 2024 was £45.80 Mil. Therefore, ICG-Longbow Senior Secured UK Prop Debt Inv's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was -44.40%.

The historical rank and industry rank for ICG-Longbow Senior Secured UK Prop Debt Inv's Return-on-Tangible-Equity or its related term are showing as below:

LSE:LBOW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -44.17   Med: 5.65   Max: 9.43
Current: -44.17

During the past 11 years, ICG-Longbow Senior Secured UK Prop Debt Inv's highest Return-on-Tangible-Equity was 9.43%. The lowest was -44.17%. And the median was 5.65%.

LSE:LBOW's Return-on-Tangible-Equity is ranked worse than
95.69% of 1671 companies
in the Asset Management industry
Industry Median: 4.98 vs LSE:LBOW: -44.17

ICG-Longbow Senior Secured UK Prop Debt Inv Return-on-Tangible-Equity Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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.

ICG-Longbow Senior Secured UK Prop Debt Inv Return-on-Tangible-Equity Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.10 6.22 7.09 2.37 -43.80

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 7.38 6.49 -1.96 -44.33 -44.40

Competitive Comparison of ICG-Longbow Senior Secured UK Prop Debt Inv's Return-on-Tangible-Equity

For the Asset Management subindustry, ICG-Longbow Senior Secured UK Prop Debt Inv'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.


ICG-Longbow Senior Secured UK Prop Debt Inv's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ICG-Longbow Senior Secured UK Prop Debt Inv's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where ICG-Longbow Senior Secured UK Prop Debt Inv's Return-on-Tangible-Equity falls into.



ICG-Longbow Senior Secured UK Prop Debt Inv Return-on-Tangible-Equity Calculation

ICG-Longbow Senior Secured UK Prop Debt Inv's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-24.876/( (77.355+36.224 )/ 2 )
=-24.876/56.7895
=-43.80 %

ICG-Longbow Senior Secured UK Prop Debt Inv's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=-20.332/( (55.367+36.224)/ 2 )
=-20.332/45.7955
=-44.40 %

* 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 two times the semi-annual (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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.


ICG-Longbow Senior Secured UK Prop Debt Inv Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of ICG-Longbow Senior Secured UK Prop Debt Inv's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Headlines

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