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MSD Acquisition (MSD Acquisition) Return-on-Tangible-Equity : 3.93% (As of Dec. 2022)


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What is MSD Acquisition 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. MSD Acquisition's annualized net income for the quarter that ended in Dec. 2022 was $21.94 Mil. MSD Acquisition's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $557.90 Mil. Therefore, MSD Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was 3.93%.

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

MSDA's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.85
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

MSD Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for MSD Acquisition'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.

MSD Acquisition Return-on-Tangible-Equity Chart

MSD Acquisition Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Equity
- 5.59

MSD Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Return-on-Tangible-Equity Get a 7-Day Free Trial - 6.32 6.83 5.29 3.93

Competitive Comparison of MSD Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, MSD Acquisition'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.


MSD Acquisition's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, MSD Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

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



MSD Acquisition Return-on-Tangible-Equity Calculation

MSD Acquisition's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=30.49/( (530.149+560.639 )/ 2 )
=30.49/545.394
=5.59 %

MSD Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=21.936/( (555.155+560.639)/ 2 )
=21.936/557.897
=3.93 %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MSD Acquisition  (NAS:MSDA) 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.


MSD Acquisition Return-on-Tangible-Equity Related Terms

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MSD Acquisition (MSD Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
One Vanderbilt Avenue, 26th Floor, New York, NY, USA, 10017
MSD Acquisition Corp is a blank check company.
Executives
Allen Shim director C/O SLACK TECHNOLOGIES, INC., 500 HOWARD STREET, SAN FRANCISCO CA 94105
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Edith W Cooper director C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11249
Barry Mccarthy director 100 WINCHESTER CIRCLE, LOS GATOS CA 95032
John Phelan director C/O MSD CAPITAL, 780 THIRD AVE 43RD FL, NEW YORK NY 10017
John Cardoso officer: Chief Financial Officer 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022
Msd Sponsor Holdings, Llc 10 percent owner 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022
Gregg Lemkau director, officer: Chief Executive Officer 645 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10022

MSD Acquisition (MSD Acquisition) Headlines