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Insource Co (TSE:6200) Return-on-Tangible-Equity : 59.98% (As of Mar. 2024)


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What is Insource Co 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. Insource Co's annualized net income for the quarter that ended in Mar. 2024 was 円4,102 Mil. Insource Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was 円6,838 Mil. Therefore, Insource Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 59.98%.

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

TSE:6200' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.67   Med: 32.15   Max: 47.81
Current: 47.81

During the past 9 years, Insource Co's highest Return-on-Tangible-Equity was 47.81%. The lowest was 15.67%. And the median was 32.15%.

TSE:6200's Return-on-Tangible-Equity is ranked better than
82.01% of 239 companies
in the Education industry
Industry Median: 10.29 vs TSE:6200: 47.81

Insource Co Return-on-Tangible-Equity Historical Data

The historical data trend for Insource Co'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.

Insource Co Return-on-Tangible-Equity Chart

Insource Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 29.40 15.67 46.25 45.93 42.25

Insource Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.37 39.47 46.81 43.66 59.98

Competitive Comparison of Insource Co's Return-on-Tangible-Equity

For the Education & Training Services subindustry, Insource Co'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.


Insource Co's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Insource Co's Return-on-Tangible-Equity distribution charts can be found below:

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



Insource Co Return-on-Tangible-Equity Calculation

Insource Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=2676.403/( (5678.78+6989.231 )/ 2 )
=2676.403/6334.0055
=42.25 %

Insource Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=4102.06/( (6326.21+7350.743)/ 2 )
=4102.06/6838.4765
=59.98 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Insource Co  (TSE:6200) 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.


Insource Co Return-on-Tangible-Equity Related Terms

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Insource Co (TSE:6200) Business Description

Traded in Other Exchanges
N/A
Address
1-19-1 Kanda Nishikicho, 5th Floor, Kandabashi Park Building, Chiyoda-ku, Tokyo, JPN, 101-0054
Insource Co Ltd provides corporate training and business-related open courses. Also, it offers HR related system and transition support for employment as well as production of e-learning and corporate movies. Lecturer dispatched training business provides training services by dispatching lecturers. The firm offers on-site training, open seminars, contract packages for human resources development, learning systems through AV, consulting, and system development and delivery for training and sales supports.

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