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Tulsi Extrusions (LUX:166026) Return-on-Tangible-Equity : 0.00% (As of Jun. 2018)


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What is Tulsi Extrusions 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. Tulsi Extrusions's annualized net income for the quarter that ended in Jun. 2018 was $-4.18 Mil. Tulsi Extrusions's average shareholder tangible equity for the quarter that ended in Jun. 2018 was $-10.82 Mil. Therefore, Tulsi Extrusions's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 was N/A%.

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

During the past 11 years, Tulsi Extrusions's highest Return-on-Tangible-Equity was 8.27%. The lowest was -674.03%. And the median was 1.55%.

LUX:166026's Return-on-Tangible-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.68
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Tulsi Extrusions Return-on-Tangible-Equity Historical Data

The historical data trend for Tulsi Extrusions'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.

Tulsi Extrusions Return-on-Tangible-Equity Chart

Tulsi Extrusions Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -81.42 -638.91 - - -

Tulsi Extrusions Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 - - - - -

Competitive Comparison of Tulsi Extrusions's Return-on-Tangible-Equity

For the Auto Parts subindustry, Tulsi Extrusions'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.


Tulsi Extrusions's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tulsi Extrusions's Return-on-Tangible-Equity distribution charts can be found below:

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



Tulsi Extrusions Return-on-Tangible-Equity Calculation

Tulsi Extrusions's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2018 )  (A: Mar. 2017 )(A: Mar. 2018 )
=-2.883/( (-7.844+-10.817 )/ 2 )
=-2.883/-9.3305
=N/A %

Tulsi Extrusions's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=-4.184/( (-10.817+0)/ 1 )
=-4.184/-10.817
=N/A %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Tulsi Extrusions  (LUX:166026) 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.


Tulsi Extrusions Return-on-Tangible-Equity Related Terms

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


Tulsi Extrusions (LUX:166026) Business Description

Traded in Other Exchanges
N/A
Address
Plot number N-99, MIDC Area, Jalgaon, MH, IND, 425003
Tulsi Extrusions Ltd is a polymer processing company with products in agribusiness. The company is engaged in manufacturing Polyvinyl chloride pipes for the rural agriculture market. It operates in two segments Poly Vinyl Chloride Pipes and Fittings; and Micro Irrigation Systems. Its products portfolio includes UPVC Pipes, Injection Molding PVC Fittings and Fabricated Fittings, ASTM Pipes, SWR Pipes & Fittings, HDPE Pipe Systems, LLDPE Pipe and Drip irrigation system, CPVC Pipes and Fittings. The company's products are used in various industries including irrigation sector, industrial sector, infrastructure and housing sector.

Tulsi Extrusions (LUX:166026) Headlines

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