Slantse Stara Zagora Tabac AD (XBUL:SUN) Return-on-Tangible-Equity : 0.00% (As of . 20)

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What is Slantse Stara Zagora Tabac AD 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. Slantse Stara Zagora Tabac AD's annualized net income for the quarter that ended in . 20 was лв Mil. Slantse Stara Zagora Tabac AD's average shareholder tangible equity for the quarter that ended in . 20 was лв Mil. Therefore, Slantse Stara Zagora Tabac AD's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Slantse Stara Zagora Tabac AD's Return-on-Tangible-Equity or its related term are showing as below:

XBUL:SUN's Return-on-Tangible-Equity is not ranked ^*
in the Tobacco Products industry.
Industry Median: 23.52
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Slantse Stara Zagora Tabac AD Return-on-Tangible-Equity Historical Data

The historical data trend for Slantse Stara Zagora Tabac AD'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.

Slantse Stara Zagora Tabac AD Return-on-Tangible-Equity Chart

Slantse Stara Zagora Tabac AD Annual Data

Trend

Return-on-Tangible-Equity

Slantse Stara Zagora Tabac AD Quarterly Data

Return-on-Tangible-Equity

Competitive Comparison of Slantse Stara Zagora Tabac AD's Return-on-Tangible-Equity

For the Tobacco subindustry, Slantse Stara Zagora Tabac AD'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.

Slantse Stara Zagora Tabac AD's Return-on-Tangible-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Slantse Stara Zagora Tabac AD's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Slantse Stara Zagora Tabac AD's Return-on-Tangible-Equity falls into.

Slantse Stara Zagora Tabac AD Return-on-Tangible-Equity Calculation

Slantse Stara Zagora Tabac AD'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Slantse Stara Zagora Tabac AD'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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.

Slantse Stara Zagora Tabac AD (XBUL:SUN) 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.

Slantse Stara Zagora Tabac AD Return-on-Tangible-Equity Related Terms

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Slantse Stara Zagora Tabac AD (XBUL:SUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Slantse Stara Zagora Tabac AD (XBUL:SUN) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Str. Stamo Pulev 1, Stara Zagora, BGR, 6000

Website

https://www.slancetabac.bg

Slantse Stara Zagora Tabac AD is engaged in manufacturing cigarettes. The product portfolio includes cigarettes, cut tobacco, and filter rods. The company manufactures cigarettes in king size and slim formats.