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Agility Public Warehousing Co (KUW:AGLTY) Return-on-Tangible-Equity : 7.34% (As of Dec. 2023)


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What is Agility Public Warehousing Co 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. Agility Public Warehousing Co's annualized net income for the quarter that ended in Dec. 2023 was KWD104 Mil. Agility Public Warehousing Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was KWD1,419 Mil. Therefore, Agility Public Warehousing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 7.34%.

The historical rank and industry rank for Agility Public Warehousing Co's Return-on-Tangible-Equity or its related term are showing as below:

KUW:AGLTY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.23   Med: 8.96   Max: 69.02
Current: 5.9

During the past 13 years, Agility Public Warehousing Co's highest Return-on-Tangible-Equity was 69.02%. The lowest was 4.23%. And the median was 8.96%.

KUW:AGLTY's Return-on-Tangible-Equity is ranked worse than
66.49% of 937 companies
in the Transportation industry
Industry Median: 9.83 vs KUW:AGLTY: 5.90

Agility Public Warehousing Co Return-on-Tangible-Equity Historical Data

The historical data trend for Agility Public Warehousing Co'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.

Agility Public Warehousing Co Return-on-Tangible-Equity Chart

Agility Public Warehousing Co 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 11.13 4.93 69.02 4.23 6.25

Agility Public Warehousing Co 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 9.43 4.53 3.79 7.61 7.34

Competitive Comparison of Agility Public Warehousing Co's Return-on-Tangible-Equity

For the Airports & Air Services subindustry, Agility Public Warehousing Co'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.


Agility Public Warehousing Co's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Agility Public Warehousing Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Agility Public Warehousing Co's Return-on-Tangible-Equity falls into.



Agility Public Warehousing Co Return-on-Tangible-Equity Calculation

Agility Public Warehousing Co'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 )
=83.569/( (1250.074+1424.896 )/ 2 )
=83.569/1337.485
=6.25 %

Agility Public Warehousing Co'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 )
=104.144/( (1413.823+1424.896)/ 2 )
=104.144/1419.3595
=7.34 %

* 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.


Agility Public Warehousing Co  (KUW:AGLTY) 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.


Agility Public Warehousing Co Return-on-Tangible-Equity Related Terms

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


Agility Public Warehousing Co (KUW:AGLTY) Business Description

Traded in Other Exchanges
Address
Sulaibia, Beside Land Customs Clearing Area, P.O. Box 25418, Safat, Kuwait, KWT, 13115
Agility Public Warehousing Co is a Kuwait-based company. The company's segment includes Controlled entities and Investments. It generates maximum revenue from the Controlled entities segment. The entities that are part of Controlled entities segment provides services that include real estate, fuel logistics, airplane ground handling and cleaning services, cargo and lounge management, customs operations and management, construction and remote site services, customs consulting and waste recycling.

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