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BGSX.U (Build Acquisition) Return-on-Tangible-Equity : 2.18% (As of Sep. 2022)


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What is Build 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. Build Acquisition's annualized net income for the quarter that ended in Sep. 2022 was $4.20 Mil. Build Acquisition's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $192.70 Mil. Therefore, Build Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 2.18%.

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

BGSX.U' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.46   Med: -0.46   Max: 3.21
Current: 3.21

During the past 1 years, Build Acquisition's highest Return-on-Tangible-Equity was 3.21%. The lowest was -0.46%. And the median was -0.46%.

BGSX.U's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.45 vs BGSX.U: 3.21

Build Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for Build 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.

Build Acquisition Return-on-Tangible-Equity Chart

Build Acquisition Annual Data
Trend Dec21
Return-on-Tangible-Equity
-0.46

Build Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial 4.87 -1.99 8.85 3.79 2.18

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

For the Shell Companies subindustry, Build 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.


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

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

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


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Build Acquisition Return-on-Tangible-Equity Calculation

Build Acquisition'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 )
=/( (+ )/ )
=/
= %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=4.196/( (192.179+193.228)/ 2 )
=4.196/192.7035
=2.18 %

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


Build Acquisition  (NYSE:BGSX.U) 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.


Build Acquisition Return-on-Tangible-Equity Related Terms

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


Build Acquisition Business Description

Traded in Other Exchanges
N/A
Address
3500 Jefferson, Suite 303, Austin, TX, USA, 78731
Build Acquisition Corp is a blank check company.
Executives
A Lanham Napier director, 10 percent owner, officer: Co-Chief Executive Officer 701 W. CASTANO, SAN ANTONIO TX 78209
Natta Owen Van director 394 PACIFIC AVENUE, 2ND FLOOR, SAN FRANCISCO CA 94111
James C. Weaver director C/O KB HOME, 10990 WILSHIRE BLVD., 7TH FLOOR, LOS ANGELES CA 90024
Zeynep Young director, officer: Co-Chief Executive Officer 825 MAIN ST., SUITE 100, BUDA TX 78610
Tanner Cerand officer: See Remarks 3500 JEFFERSON STREET, STE 303, AUSTIN TX 78731
Build Acquisition Sponsor Llc 10 percent owner 3500 JEFFERSON STREET, STE 303, AUSTIN TX 78731
Noam Ohana director 16A AHAVAT TZION, TEL-AVIV L3 6215315

Build Acquisition Headlines

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