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Vivo Energy CI (XBRV:SHEC) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Vivo Energy CI 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. Vivo Energy CI's annualized net income for the quarter that ended in . 20 was XOF Mil. Vivo Energy CI's average shareholder tangible equity for the quarter that ended in . 20 was XOF Mil. Therefore, Vivo Energy CI's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

XBRV:SHEC's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.285
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Vivo Energy CI Return-on-Tangible-Equity Historical Data

The historical data trend for Vivo Energy CI'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.

Vivo Energy CI Return-on-Tangible-Equity Chart

Vivo Energy CI Annual Data
Trend
Return-on-Tangible-Equity

Vivo Energy CI Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Vivo Energy CI's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Vivo Energy CI'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.


Vivo Energy CI's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vivo Energy CI's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vivo Energy CI's Return-on-Tangible-Equity falls into.



Vivo Energy CI Return-on-Tangible-Equity Calculation

Vivo Energy CI's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Vivo Energy CI's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Vivo Energy CI  (XBRV:SHEC) 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.


Vivo Energy CI Return-on-Tangible-Equity Related Terms

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


Vivo Energy CI (XBRV:SHEC) Business Description

Traded in Other Exchanges
N/A
Address
15 BP 378 Abidjan 15, Rue des petroliers, Zone Industrielle de Vridi, Abidjan, CIV
Vivo Energy CI is a market-leading, pan-African retailer and distributor of high-quality Shell- and Engen-branded fuels and lubricants to Retail and Commercial customers across the continent, with a growing Non-fuel retail offering.

Vivo Energy CI (XBRV:SHEC) Headlines

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