The historical rank and industry rank for Online Vacation Center Holdings's Return-on-Tangible-Equity or its related term are showing as below:
ONVC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -68.21 Med: 39.83 Max: 194.53
Current: 36.03
During the past 13 years, Online Vacation Center Holdings's highest Return-on-Tangible-Equity was 194.53%. The lowest was -68.21%. And the median was 39.83%.
ONVC's Return-on-Tangible-Equity is ranked better than 79.55% of 753
companies
in the Travel & Leisure industry
Industry Median: 8.39
vs ONVC: 36.03
Online Vacation Center Holdings Return-on-Tangible-Equity Historical Data
* 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.
Online Vacation Center Holdings Return-on-Tangible-Equity Chart
Competitive Comparison of Online Vacation Center Holdings's Return-on-Tangible-Equity
For the Travel Services subindustry, Online Vacation Center Holdings'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.
Online Vacation Center Holdings's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Online Vacation Center Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Online Vacation Center Holdings's Return-on-Tangible-Equity falls into.
Online Vacation Center Holdings Return-on-Tangible-Equity Calculation
Online Vacation Center Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Online Vacation Center Holdings (OTCPK:ONVC) 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.
Online Vacation Center Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Online Vacation Center Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Online Vacation Center Holdings (Online Vacation Center Holdings) Business Description
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets; and river, ocean, and land vacation packages, as well as operates a franchise that focused on travel sales through mobile agents. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travellers with websites to purchase hotel, resort, and vacation packages.
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