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Kulthorn Kirby PCL (BKK:KKC) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Kulthorn Kirby PCL 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. Kulthorn Kirby PCL's annualized net income for the quarter that ended in Dec. 2023 was ฿-1,739 Mil. Kulthorn Kirby PCL's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ฿-340 Mil. Therefore, Kulthorn Kirby PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

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

BKK:KKC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1720.67   Med: -55.41   Max: 9.35
Current: -519.22

During the past 13 years, Kulthorn Kirby PCL's highest Return-on-Tangible-Equity was 9.35%. The lowest was -1,720.67%. And the median was -55.41%.

BKK:KKC's Return-on-Tangible-Equity is not ranked
in the Industrial Products industry.
Industry Median: 7.495 vs BKK:KKC: -519.22

Kulthorn Kirby PCL Return-on-Tangible-Equity Historical Data

The historical data trend for Kulthorn Kirby PCL'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.

Kulthorn Kirby PCL Return-on-Tangible-Equity Chart

Kulthorn Kirby PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -105.33 -81.65 -77.49 -124.96 -1,720.67

Kulthorn Kirby PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -275.48 -95.92 -238.65 -691.13 -

Competitive Comparison of Kulthorn Kirby PCL's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Kulthorn Kirby PCL'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.


Kulthorn Kirby PCL's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kulthorn Kirby PCL's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kulthorn Kirby PCL's Return-on-Tangible-Equity falls into.



Kulthorn Kirby PCL Return-on-Tangible-Equity Calculation

Kulthorn Kirby PCL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1280.995/( (858.081+-709.186 )/ 2 )
=-1280.995/74.4475
=-1,720.67 %

Kulthorn Kirby PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1738.908/( (29.016+-709.186)/ 2 )
=-1738.908/-340.085
=N/A %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kulthorn Kirby PCL  (BKK:KKC) 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.


Kulthorn Kirby PCL Return-on-Tangible-Equity Related Terms

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


Kulthorn Kirby PCL (BKK:KKC) Business Description

Traded in Other Exchanges
N/A
Address
126 Soi Chalongkrung 31, Chalongkrung Road, Khwaeng Lamplatew, Khet Latkrabang, Bangkok, THA, 10520
Kulthorn Kirby PCL is a Thailand-based company engaged in the manufacture and distribution of hermetic compressors. The company operates through four segments namely Compressors and parts, Enameled wire, Steel sheet, and Steel coil center. In addition, it is also a manufacturer and seller of the motor compressor, and reciprocating type for refrigeration products including refrigerators, freezers, water coolers, commercial refrigerators, and air conditioners. The Majority of its revenue gets derived from the Compressors and parts segment.

Kulthorn Kirby PCL (BKK:KKC) Headlines

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