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. InflaRx NV's annualized net income for the quarter that ended in Dec. 2023 was $-69.49 Mil. InflaRx NV's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $118.82 Mil. Therefore, InflaRx NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -58.48%.
The historical rank and industry rank for InflaRx NV's Return-on-Tangible-Equity or its related term are showing as below:
IFRX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.24 Med: -40.73 Max: -21.66
Current: -41.89
During the past 9 years, InflaRx NV's highest Return-on-Tangible-Equity was -21.66%. The lowest was -50.24%. And the median was -40.73%.
IFRX's Return-on-Tangible-Equity is ranked better than 53.17% of 1309
companies
in the Biotechnology industry
Industry Median: -48.21
vs IFRX: -41.89
InflaRx NV Return-on-Tangible-Equity Historical Data
The historical data trend for InflaRx NV'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.
Competitive Comparison of InflaRx NV's Return-on-Tangible-Equity
For the Biotechnology subindustry, InflaRx NV'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.
InflaRx NV's Return-on-Tangible-Equity Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, InflaRx NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where InflaRx NV's Return-on-Tangible-Equity falls into.
InflaRx NV Return-on-Tangible-Equity Calculation
InflaRx NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
InflaRx NV Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of InflaRx NV's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
InflaRx NV is a clinical-stage biopharmaceutical company focused on applying proprietary anti-C5a/C5aR technology to discover and develop first-in-class, potent and specific inhibitors of the complement activation factor known as C5a and its receptor known as C5aR. C5a is an inflammatory mediator involved in the progression of a wide variety of autoimmune and other inflammatory diseases. Its lead product candidate, vilobelimab, is a novel intravenously delivered first-in-class anti-C5a monoclonal antibody that selectively binds to free C5a and has demonstrated disease-modifying clinical activity and tolerability in multiple clinical settings.
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