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Pozavarovalnicava DD (XLJU:POSR) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Pozavarovalnicava DD 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. Pozavarovalnicava DD's annualized net income for the quarter that ended in Dec. 2023 was €0.0 Mil. Pozavarovalnicava DD's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €498.5 Mil. Therefore, Pozavarovalnicava DD's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.00%.

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

XLJU:POSR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.31   Med: 13.89   Max: 17.17
Current: 7.31

During the past 13 years, Pozavarovalnicava DD's highest Return-on-Tangible-Equity was 17.17%. The lowest was 7.31%. And the median was 13.89%.

XLJU:POSR's Return-on-Tangible-Equity is ranked worse than
69.21% of 484 companies
in the Insurance industry
Industry Median: 12.135 vs XLJU:POSR: 7.31

Pozavarovalnicava DD Return-on-Tangible-Equity Historical Data

The historical data trend for Pozavarovalnicava DD'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.

Pozavarovalnicava DD Return-on-Tangible-Equity Chart

Pozavarovalnicava DD 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 15.97 15.65 17.17 9.77 13.09

Pozavarovalnicava DD Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 -6.09 42.13 0.32 - -

Competitive Comparison of Pozavarovalnicava DD's Return-on-Tangible-Equity

For the Insurance - Reinsurance subindustry, Pozavarovalnicava DD'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.


Pozavarovalnicava DD's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Pozavarovalnicava DD's Return-on-Tangible-Equity distribution charts can be found below:

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



Pozavarovalnicava DD Return-on-Tangible-Equity Calculation

Pozavarovalnicava DD's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=64.465/( (465.036+519.664 )/ 2 )
=64.465/492.35
=13.09 %

Pozavarovalnicava DD's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=0/( (477.263+519.664)/ 2 )
=0/498.4635
=0.00 %

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


Pozavarovalnicava DD  (XLJU:POSR) 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.


Pozavarovalnicava DD Return-on-Tangible-Equity Related Terms

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


Pozavarovalnicava DD (XLJU:POSR) Business Description

Traded in Other Exchanges
N/A
Address
Dunajska cesta 56, P.O.B. 318, Ljubljana, SVN, 1000
Pozavarovalnica Sava DD is a Slovenia based company engaged in the reinsurance business. It provides reinsurance services such as capacity, capital relief, catastrophe support, and creativity. The group operates through the business segments of the reinsurance business, non-life insurance business, life insurance business, pensions and asset management, and other segment. The company carries out its operations in Slovenia and internationally.

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