GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Industrial Human Capital Inc (OTCPK:AXHI) » Definitions » Return-on-Tangible-Equity

Industrial Human Capital (Industrial Human Capital) Return-on-Tangible-Equity : -3.98% (As of Jun. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Industrial Human Capital 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. Industrial Human Capital's annualized net income for the quarter that ended in Jun. 2022 was $-4.59 Mil. Industrial Human Capital's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $115.18 Mil. Therefore, Industrial Human Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was -3.98%.

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

AXHI's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.67
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Industrial Human Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Industrial Human Capital'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.

Industrial Human Capital Return-on-Tangible-Equity Chart

Industrial Human Capital Annual Data
Trend Dec21
Return-on-Tangible-Equity
-

Industrial Human Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Equity Get a 7-Day Free Trial -1.37 -0.12 - -4.60 -3.98

Competitive Comparison of Industrial Human Capital's Return-on-Tangible-Equity

For the Shell Companies subindustry, Industrial Human Capital'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.


Industrial Human Capital's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Industrial Human Capital's Return-on-Tangible-Equity falls into.



Industrial Human Capital Return-on-Tangible-Equity Calculation

Industrial Human Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=/( (+ )/ )
=/
= %

Industrial Human Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-4.588/( (115.752+114.605)/ 2 )
=-4.588/115.1785
=-3.98 %

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


Industrial Human Capital  (OTCPK:AXHI) 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.


Industrial Human Capital Return-on-Tangible-Equity Related Terms

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


Industrial Human Capital (Industrial Human Capital) Business Description

Traded in Other Exchanges
N/A
Address
501 Brickell Key Drive, Suite 300, Miami, FL, USA, 33131
Industrial Human Capital Inc is a blank check company.
Executives
Gabriel Rodriguez officer: Treasurer and CFO C/O INDUSTRIAL HUMAN CAPITAL, INC., 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Tchaikovsky Bennet Price Jr director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
John Quelch director C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Robert S. Gans officer: General Counsel C/O SHIFTPIXY, INC., 1 VENTURE, SUITE 150, IRVINE CA 92618
Scott W Absher 10 percent owner, officer: Chief Executive Officer 4101 NW 25TH STREET, MIAMI FL 33142
Domonic J. Carney officer: Chief Financial Officer 9400 TOLEDO WAY, IRVINE CA 92618
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
Shiftpixy Investments, Inc. 10 percent owner 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131
Heath Hawker director 501 BRICKELL KEY DRIVE, SUITE 300, MIAMI FL 33131

Industrial Human Capital (Industrial Human Capital) Headlines

No Headlines