GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bluescape Opportunities Acquisition Corp (NYSE:BOAC) » Definitions » Return-on-Tangible-Equity

Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Return-on-Tangible-Equity : 34.73% (As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Bluescape Opportunities 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. Bluescape Opportunities Acquisition's annualized net income for the quarter that ended in Jun. 2023 was $16.94 Mil. Bluescape Opportunities Acquisition's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $48.77 Mil. Therefore, Bluescape Opportunities Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 34.73%.

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

BOAC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.66   Med: 10.28   Max: 10.89
Current: 5.66

During the past 3 years, Bluescape Opportunities Acquisition's highest Return-on-Tangible-Equity was 10.89%. The lowest was 5.66%. And the median was 10.28%.

BOAC's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.68 vs BOAC: 5.66

Bluescape Opportunities Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for Bluescape Opportunities 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.

Bluescape Opportunities Acquisition Return-on-Tangible-Equity Chart

Bluescape Opportunities Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Return-on-Tangible-Equity
- 9.67 10.89

Bluescape Opportunities Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.29 6.85 -9.80 2.40 34.73

Competitive Comparison of Bluescape Opportunities Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, Bluescape Opportunities 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.


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

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

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



Bluescape Opportunities Acquisition Return-on-Tangible-Equity Calculation

Bluescape Opportunities Acquisition's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=32.492/( (550.288+46.374 )/ 2 )
=32.492/298.331
=10.89 %

Bluescape Opportunities Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=16.936/( (46.653+50.887)/ 2 )
=16.936/48.77
=34.73 %

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


Bluescape Opportunities Acquisition  (NYSE:BOAC) 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.


Bluescape Opportunities Acquisition Return-on-Tangible-Equity Related Terms

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


Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
300 Crescent Court, Suite 1860, Dallas, TX, USA, 75201
Bluescape Opportunities Acquisition Corp is a special purpose acquisition company focused on essential assets and is formed to enter into a merger, amalgamation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Brahman Capital Corp. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Nomura Holdings Inc 10 percent owner 1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Nomura Global Financial Products Inc 10 percent owner WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Mitchell Andrew Kuflik 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Robert Joseph Sobel 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Brahman Management, L.l.c. 10 percent owner 655 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Hebert Curtis L Jr director
C John Wilder director, 10 percent owner, officer: Chairman & CEO ENTERGY CORP, 639 LOYOLA AVENUE, NEW ORLEANS LA 70113
Duncan Palmer director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jonathan A Siegler director, officer: Pres & Chief Operating Officer 1601 BRYAN STREET, DALLAS TX 75201
Hoff Graham Vant director C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Bluescape Sponsor Llc 10 percent owner 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201
Lillian Meyer officer: Chief Financial Officer C/O BLUESCAPE ENERGY PARTNERS, LLC, 200 CRESCENT COURT, SUITE 1900, DALLAS TX 75201

Bluescape Opportunities Acquisition (Bluescape Opportunities Acquisition) Headlines