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Marisa Lojas (BSP:AMAR3) Return-on-Tangible-Equity : -220,893.57% (As of Dec. 2023)


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What is Marisa Lojas 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. Marisa Lojas's annualized net income for the quarter that ended in Dec. 2023 was R$-378 Mil. Marisa Lojas's average shareholder tangible equity for the quarter that ended in Dec. 2023 was R$0 Mil. Therefore, Marisa Lojas's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -220,893.57%.

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

BSP:AMAR3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -258.16   Med: -9.97   Max: 5.11
Current: -258.16

During the past 13 years, Marisa Lojas's highest Return-on-Tangible-Equity was 5.11%. The lowest was -258.16%. And the median was -9.97%.

BSP:AMAR3's Return-on-Tangible-Equity is ranked worse than
98% of 1050 companies
in the Retail - Cyclical industry
Industry Median: 7.565 vs BSP:AMAR3: -258.16

Marisa Lojas Return-on-Tangible-Equity Historical Data

The historical data trend for Marisa Lojas'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.

Marisa Lojas Return-on-Tangible-Equity Chart

Marisa Lojas 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 -10.37 -39.21 -11.22 -86.44 -254.06

Marisa Lojas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -181.72 -162.10 -94.67 -557.78 -220,893.57

Competitive Comparison of Marisa Lojas's Return-on-Tangible-Equity

For the Apparel Retail subindustry, Marisa Lojas'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.


Marisa Lojas's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

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

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



Marisa Lojas Return-on-Tangible-Equity Calculation

Marisa Lojas'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 )
=-503.191/( (438.419+-42.304 )/ 2 )
=-503.191/198.0575
=-254.06 %

Marisa Lojas'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-377.728/( (42.646+-42.304)/ 2 )
=-377.728/0.171
=-220,893.57 %

* 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.


Marisa Lojas  (BSP:AMAR3) 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.


Marisa Lojas Return-on-Tangible-Equity Related Terms

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


Marisa Lojas (BSP:AMAR3) Business Description

Traded in Other Exchanges
N/A
Address
Rua James Holland, 422, Barra Funda, Sao Paulo, SP, BRA, 1138050
Marisa Lojas SA is a retail stores operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.

Marisa Lojas (BSP:AMAR3) Headlines

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