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EQT Holdings Return-on-Tangible-Equity

: 31.38% (As of Dec. 2020)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. EQT Holdings's annualized net income attributable to common stockholders for the quarter that ended in Dec. 2020 was AUD19.66 Mil. EQT Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2020 was AUD62.65 Mil. Therefore, EQT Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 was 31.38%.

ASX:EQT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.51   Med: 39.11   Max: 54.08
Current: 28.45

9.51
54.08

During the past 13 years, EQT Holdings's highest Return-on-Tangible-Equity was 54.08%. The lowest was 9.51%. And the median was 39.11%.

ASX:EQT's Return-on-Tangible-Equity is ranked higher than
89% of the 1708 Companies
in the Asset Management industry.

( Industry Median: 3.04 vs. ASX:EQT: 28.45 )

EQT Holdings Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

EQT Holdings Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.75 34.24 51.76 46.99 33.80

EQT Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 50.45 43.33 40.70 25.68 31.38

Competitive Comparison
* 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.


EQT Holdings Return-on-Tangible-Equity Distribution

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



EQT Holdings Return-on-Tangible-Equity Calculation

EQT Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2020 )  (A: Jun. 2019 )(A: Jun. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2020 )  (A: Jun. 2019 )(A: Jun. 2020 )
=19.212/( (53.218+60.475 )/ 2 )
=19.212/56.8465
=33.80 %

EQT Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2020 )  (Q: Jun. 2020 )(Q: Dec. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Jun. 2020 )(Q: Dec. 2020 )
=19.662/( (60.475+64.834)/ 2 )
=19.662/62.6545
=31.38 %

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders 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 attributable to common stockholders data used here is two times the semi-annual (Dec. 2020) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


EQT Holdings  (ASX:EQT) 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 attributable to common stockholders 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.


EQT Holdings Return-on-Tangible-Equity Related Terms


EQT Holdings Return-on-Tangible-Equity Headlines

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