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IHS Markit (IHS Markit) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Nov. 2021)


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What is IHS Markit 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. IHS Markit's annualized net income for the quarter that ended in Nov. 2021 was $2,949 Mil. IHS Markit's average shareholder tangible equity for the quarter that ended in Nov. 2021 was $-3,296 Mil. Therefore, IHS Markit's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2021 was Negative Tangible Equity%.

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

INFO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: Negative Tangible Equity
Current: Negative Tangible Equity

During the past 13 years, IHS Markit's highest Return-on-Tangible-Equity was Negative Tangible Equity%. The lowest was 0.00%. And the median was 0.00%.

INFO's Return-on-Tangible-Equity is not ranked
in the Business Services industry.
Industry Median: 12.01 vs INFO: Negative Tangible Equity

IHS Markit Return-on-Tangible-Equity Historical Data

The historical data trend for IHS Markit'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.

IHS Markit Return-on-Tangible-Equity Chart

IHS Markit Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

IHS Markit Quarterly Data
Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of IHS Markit's Return-on-Tangible-Equity

For the Consulting Services subindustry, IHS Markit'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.


IHS Markit's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IHS Markit's Return-on-Tangible-Equity distribution charts can be found below:

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



IHS Markit Return-on-Tangible-Equity Calculation

IHS Markit's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=1206.8/( (-5225.4+-2912.9 )/ 2 )
=1206.8/-4069.15
=Negative Tangible Equity %

IHS Markit's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2021 )  (Q: Aug. 2021 )(Q: Nov. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2021 )  (Q: Aug. 2021 )(Q: Nov. 2021 )
=2948.8/( (-3679.7+-2912.9)/ 2 )
=2948.8/-3296.3
=Negative Tangible Equity %

* 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 (Nov. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


IHS Markit  (NYSE:INFO) 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.


IHS Markit Return-on-Tangible-Equity Related Terms

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


IHS Markit (IHS Markit) Business Description

Traded in Other Exchanges
N/A
Address
25 Ropemaker Street, 4th Floor, Ropemaker Place, London, GBR, EC2Y 9LY
IHS Markit is a leading provider of data and analytics to corporate and sovereign clients across a wide variety of industries. Financial markets accounted for 42% of fiscal 2020 revenue, transportation 27%, resources (energy and chemicals) 20%, and CMS (consolidated markets) 11%. Approximately 60% of fiscal 2020 revenue came from the United States. IHS Markit has approximately 16,000 employees worldwide. About 74% of fiscal 2020 revenue was recurring and fixed, 14% recurring and variable, and 12% non-recurring. S&P Global has offered to acquire IHS Markit, with holders of the target firm set to receive 0.2838 shares of the combined entity (a little less than one third of the total), in a deal valued at $44 billion upon announcement.

IHS Markit (IHS Markit) Headlines

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