>
Switch to:

Sears Canada Return-on-Tangible-Equity

: -383.10% (As of Apr. 2017)
View and export this data going back to 2010. Start your Free Trial

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. Sears Canada's annualized net income attributable to common stockholders for the quarter that ended in Apr. 2017 was $-430 Mil. Sears Canada's average shareholder tangible equity for the quarter that ended in Apr. 2017 was $112 Mil. Therefore, Sears Canada's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2017 was -383.10%.


Sears Canada Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Sears Canada Annual Data
Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.74 40.77 -39.62 -11.49 -89.97

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -55.05 -89.17 -151.87 -76.93 -383.10

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.


Sears Canada Return-on-Tangible-Equity Distribution

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



Sears Canada Return-on-Tangible-Equity Calculation

Sears Canada's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2017 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2017 )  (A: Jan. 2016 )(A: Jan. 2017 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2017 )  (A: Jan. 2016 )(A: Jan. 2017 )
=-243.49541075628/( (374.22578828829+167.03330046272 )/ 2 )
=-243.49541075628/270.6295443755
=-89.97 %

Sears Canada's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2017 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2017 )  (Q: Jan. 2017 )(Q: Apr. 2017 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2017 )  (Q: Jan. 2017 )(Q: Apr. 2017 )
=-429.85785517601/( (167.03330046272+57.37887921411)/ 2 )
=-429.85785517601/112.20608983841
=-383.10 %

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange 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 (Apr. 2017) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sears Canada  (OTCPK:SRSCQ) 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.


Sears Canada Return-on-Tangible-Equity Related Terms


Sears Canada Return-on-Tangible-Equity Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)