GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Del Monte Pacific Ltd (SGX:D03) » Definitions » Return-on-Tangible-Equity

Del Monte Pacific (SGX:D03) Return-on-Tangible-Equity : 0.00% (As of Jan. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Del Monte Pacific 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. Del Monte Pacific's annualized net income for the quarter that ended in Jan. 2024 was S$-155 Mil. Del Monte Pacific's average shareholder tangible equity for the quarter that ended in Jan. 2024 was S$-632 Mil. Therefore, Del Monte Pacific's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.

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

SGX:D03's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.73
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Del Monte Pacific Return-on-Tangible-Equity Historical Data

The historical data trend for Del Monte Pacific'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.

Del Monte Pacific Return-on-Tangible-Equity Chart

Del Monte Pacific Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Del Monte Pacific Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 Negative Tangible Equity - - - -

Competitive Comparison of Del Monte Pacific's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Del Monte Pacific'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.


Del Monte Pacific's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Del Monte Pacific's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Del Monte Pacific's Return-on-Tangible-Equity falls into.



Del Monte Pacific Return-on-Tangible-Equity Calculation

Del Monte Pacific's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=22.573/( (-358.6+-579.365 )/ 2 )
=22.573/-468.9825
=Negative Tangible Equity %

Del Monte Pacific'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: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-155.04/( (-618.898+-644.636)/ 2 )
=-155.04/-631.767
=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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Del Monte Pacific  (SGX:D03) 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.


Del Monte Pacific Return-on-Tangible-Equity Related Terms

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


Del Monte Pacific (SGX:D03) Business Description

Traded in Other Exchanges
Address
17 Bukit Pasoh Road, Singapore, SGP, 089831
Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

Del Monte Pacific (SGX:D03) Headlines

No Headlines