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Morphic Holding Return-on-Tangible-Equity

: 17.47% (As of Sep. 2020)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Morphic Holding's annualized net income attributable to common stockholders for the quarter that ended in Sep. 2020 was $21.42 Mil. Morphic Holding's average shareholder tangible equity for the quarter that ended in Sep. 2020 was $122.61 Mil. Therefore, Morphic Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 was 17.47%.

NAS:MORF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -98.06   Med: -98.06   Max: -34.95
Current: -34.95

-98.06
-34.95

During the past 3 years, Morphic Holding's highest Return-on-Tangible-Equity was -34.95%. The lowest was -98.06%. And the median was -98.06%.

NAS:MORF's Return-on-Tangible-Equity is ranked higher than
61% of the 1104 Companies
in the Biotechnology industry.

( Industry Median: -49.98 vs. NAS:MORF: -34.95 )

Morphic Holding Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Morphic Holding Annual Data
Dec17 Dec18 Dec19
Return-on-Tangible-Equity 0.00 0.00 -98.06

Morphic Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -75.95 -52.84 -49.79 -52.20 17.47

Competitive Comparison
* 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.


Morphic Holding Return-on-Tangible-Equity Distribution

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



Morphic Holding Return-on-Tangible-Equity Calculation

Morphic Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-43.328/( (-52.552+140.918 )/ 2 )
=-43.328/44.183
=-98.06 %

Morphic Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2020 )  (Q: Jun. 2020 )(Q: Sep. 2020 )
=21.416/( (114.917+130.304)/ 2 )
=21.416/122.6105
=17.47 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Sep. 2020) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Morphic Holding  (NAS:MORF) 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 attributable to common stockholders 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.


Morphic Holding Return-on-Tangible-Equity Related Terms


Morphic Holding Return-on-Tangible-Equity Headlines

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