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TraWell Co SpA (TraWell Co SpA) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2023)


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What is TraWell Co SpA 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. TraWell Co SpA's annualized net income for the quarter that ended in Jun. 2023 was $0.57 Mil. TraWell Co SpA's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $-6.80 Mil. Therefore, TraWell Co SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was Negative Tangible Equity%.

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

TRWAF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5176.09   Med: 266.57   Max: 451.5
Current: Negative Tangible Equity

During the past 13 years, TraWell Co SpA's highest Return-on-Tangible-Equity was 451.50%. The lowest was -5,176.09%. And the median was 266.57%.

TRWAF's Return-on-Tangible-Equity is ranked better than
99.9% of 1000 companies
in the Business Services industry
Industry Median: 12.08 vs TRWAF: Negative Tangible Equity

TraWell Co SpA Return-on-Tangible-Equity Historical Data

The historical data trend for TraWell Co SpA'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.

TraWell Co SpA Return-on-Tangible-Equity Chart

TraWell Co SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - - - Negative Tangible Equity

TraWell Co SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of TraWell Co SpA's Return-on-Tangible-Equity

For the Security & Protection Services subindustry, TraWell Co SpA'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.


TraWell Co SpA's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TraWell Co SpA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TraWell Co SpA's Return-on-Tangible-Equity falls into.



TraWell Co SpA Return-on-Tangible-Equity Calculation

TraWell Co SpA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.476/( (-9.39+-6.52 )/ 2 )
=-1.476/-7.955
=N/A %

TraWell Co SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=0.57/( (-6.52+-7.085)/ 2 )
=0.57/-6.8025
=Negative Tangible Equity %

* 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 (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


TraWell Co SpA  (OTCPK:TRWAF) 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.


TraWell Co SpA Return-on-Tangible-Equity Related Terms

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


TraWell Co SpA (TraWell Co SpA) Business Description

Traded in Other Exchanges
Address
Via Olona 183/G, Gallarate, ITA, 21013
TraWell Co SpA provides baggage security services at airports in Italy, France and Portugal. The Company's baggage protection services are divided into three components including protection due to the ultra-resistant wrap for every type of luggage, tracks and locates the luggage, and refund guaranteed for lost or damaged luggage. It also has a concept store for travelers. It operates in approximately 24 airports.

TraWell Co SpA (TraWell Co SpA) Headlines

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