GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tecnosolo Engenharia SA (BSP:TCNO3) » Definitions » Return-on-Tangible-Equity

Tecnosolo Engenharia (BSP:TCNO3) Return-on-Tangible-Equity : 0.00% (As of Jun. 2022)


View and export this data going back to 2007. Start your Free Trial

What is Tecnosolo Engenharia 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. Tecnosolo Engenharia's annualized net income for the quarter that ended in Jun. 2022 was R$-0.73 Mil. Tecnosolo Engenharia's average shareholder tangible equity for the quarter that ended in Jun. 2022 was R$-68.59 Mil. Therefore, Tecnosolo Engenharia's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was N/A%.

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

BSP:TCNO3's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 7.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Tecnosolo Engenharia Return-on-Tangible-Equity Historical Data

The historical data trend for Tecnosolo Engenharia'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.

Tecnosolo Engenharia Return-on-Tangible-Equity Chart

Tecnosolo Engenharia Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tecnosolo Engenharia Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Negative Tangible Equity Negative Tangible Equity - - -

Competitive Comparison of Tecnosolo Engenharia's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Tecnosolo Engenharia'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.


Tecnosolo Engenharia's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tecnosolo Engenharia's Return-on-Tangible-Equity distribution charts can be found below:

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



Tecnosolo Engenharia Return-on-Tangible-Equity Calculation

Tecnosolo Engenharia's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-0.634/( (-67.73+-68.325 )/ 2 )
=-0.634/-68.0275
=N/A %

Tecnosolo Engenharia's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-0.732/( (-68.5+-68.673)/ 2 )
=-0.732/-68.5865
=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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Tecnosolo Engenharia  (BSP:TCNO3) 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.


Tecnosolo Engenharia Return-on-Tangible-Equity Related Terms

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


Tecnosolo Engenharia (BSP:TCNO3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Conego Felipe 219, Taquara, Jacarepagua, Rio de Janeiro, RJ, BRA, 22713010
Tecnosolo Engenharia SA is a construction & engineering consulting company. It engages in construction & restoration of dams, industrial plants, buildings, ports, airports & sport facilities, & also offers drilling & topographical services.The company constructs residential, commercial, industrial, and sports buildings, as well as concrete and steel structures. It also offers engineering consulting services in the areas of basic/preliminary and viability studies, drafts, oversight, management, and supervision.

Tecnosolo Engenharia (BSP:TCNO3) Headlines

No Headlines