GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NuStar GP Holdings LLC (NYSE:NSH) » Definitions » Return-on-Tangible-Equity

NuStar GP Holdings LLC (NuStar GP Holdings LLC) Return-on-Tangible-Equity : 20.26% (As of Mar. 2018)


View and export this data going back to 2006. Start your Free Trial

What is NuStar GP Holdings LLC 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. NuStar GP Holdings LLC's annualized net income for the quarter that ended in Mar. 2018 was $47.76 Mil. NuStar GP Holdings LLC's average shareholder tangible equity for the quarter that ended in Mar. 2018 was $235.71 Mil. Therefore, NuStar GP Holdings LLC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 was 20.26%.

The historical rank and industry rank for NuStar GP Holdings LLC's Return-on-Tangible-Equity or its related term are showing as below:

NSH's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.815
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

NuStar GP Holdings LLC Return-on-Tangible-Equity Historical Data

The historical data trend for NuStar GP Holdings LLC'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.

NuStar GP Holdings LLC Return-on-Tangible-Equity Chart

NuStar GP Holdings LLC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.89 18.59 24.15 20.75 35.83

NuStar GP Holdings LLC Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 28.21 81.10 16.82 11.98 20.26

Competitive Comparison of NuStar GP Holdings LLC's Return-on-Tangible-Equity

For the Oil & Gas Midstream subindustry, NuStar GP Holdings LLC'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.


NuStar GP Holdings LLC's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NuStar GP Holdings LLC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NuStar GP Holdings LLC's Return-on-Tangible-Equity falls into.



NuStar GP Holdings LLC Return-on-Tangible-Equity Calculation

NuStar GP Holdings LLC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=86.775/( (243.788+240.536 )/ 2 )
=86.775/242.162
=35.83 %

NuStar GP Holdings LLC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=47.756/( (240.536+230.878)/ 2 )
=47.756/235.707
=20.26 %

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


NuStar GP Holdings LLC  (NYSE:NSH) 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.


NuStar GP Holdings LLC Return-on-Tangible-Equity Related Terms

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


NuStar GP Holdings LLC (NuStar GP Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
NuStar GP Holdings LLC is a US-based limited liability company. It holds an ownership interest in NuStar Energy L.P. which is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling, and storage of petroleum products and the marketing of petroleum products. The NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom. The company manages NuStar Energy through its ownership of NuStar GP, LLC and Riverwalk Holdings, LLC.
Executives
James F Clingman director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Karen M. Thompson officer: SVP & GC-Lit, Reg & Environ 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Michael Truby officer: SVP Operations 19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A. officer: SVP and Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257
Amy L. Perry officer: SVP, GC-Corp & Com & Corp Sec 19003 IH-10 WEST, SAN ANTONIO TX 78257
Daniel S. Oliver officer: SVP-Marketing & Bus Dev 19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf officer: EVP & CFO 19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron director, officer: CEO & President 19003 IH-10 WEST, SAN ANTONIO TX 78257
Mary Rose Brown officer: EVP & CAO 19003 IH-10 WEST, SAN ANTONIO TX 78257
William E Greehey director, 10 percent owner 19003 IH-10 WEST, SAN ANTONIO TX 78257
Steven A Blank officer: EVP & CFO C/O TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Douglas W. Comeau officer: Executive Vice President & COO 2330 N. LOOP 1604 WEST, SAN ANTONIO TX 78248
Curt Anastasio director, officer: President & CEO P.O. BOX 696000, SAN ANTONIO TX 78269-6000

NuStar GP Holdings LLC (NuStar GP Holdings LLC) Headlines