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Alithya Group (NAS:ALYA) Return-on-Tangible-Equity

: 0.00% (As of Dec. 2022)
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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. Alithya Group's annualized net income for the quarter that ended in Dec. 2022 was $-16.2 Mil. Alithya Group's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $-58.3 Mil. Therefore, Alithya Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was N/A%.

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

During the past 6 years, Alithya Group's highest Return-on-Tangible-Equity was -264.41%. The lowest was -356.91%. And the median was -310.66%.


Alithya Group Return-on-Tangible-Equity Historical Data

The historical data trend for Alithya Group'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.

Alithya Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Return-on-Tangible-Equity
Premium Member Only - -279.28 -340.53 - -

Alithya Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Return-on-Tangible-Equity 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Information Technology Services subindustry, Alithya Group'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.

   

Alithya Group Return-on-Tangible-Equity Distribution

For the Software industry and Technology sector, Alithya Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alithya Group's Return-on-Tangible-Equity falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Equity's extreme value range as defined by GuruFocus.



Alithya Group Return-on-Tangible-Equity Calculation

Alithya Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=-12.281200631912/( (-1.1806826318721+-38.123222748815 )/ 2 )
=-12.281200631912/-19.651952690344
=N/A %

Alithya Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-16.209054103791/( (-61.464127745708+-55.124033860876)/ 2 )
=-16.209054103791/-58.294080803292
=N/A %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alithya Group  (NAS:ALYA) 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.


Alithya Group Return-on-Tangible-Equity Related Terms

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


Alithya Group (NAS:ALYA) Business Description

Alithya Group logo
Industry
Traded in Other Exchanges
Address
1100 Robert-Bourassa Boulevard, Suite 400, Montreal, QC, CAN, H3B 3A5
Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, the us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.

Alithya Group (NAS:ALYA) Headlines

Other Sources

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By Yahoo Finance 2022-09-14

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By Yahoo Finance 2022-09-14