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Bojangles (Bojangles) Return-on-Tangible-Equity : 0.00% (As of Sep. 2018)


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What is Bojangles 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. Bojangles's annualized net income for the quarter that ended in Sep. 2018 was $-10.8 Mil. Bojangles's average shareholder tangible equity for the quarter that ended in Sep. 2018 was $-181.8 Mil. Therefore, Bojangles's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 was N/A%.

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

BOJA's Return-on-Tangible-Equity is not ranked *
in the Restaurants industry.
Industry Median: 11.39
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Bojangles Return-on-Tangible-Equity Historical Data

The historical data trend for Bojangles'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.

Bojangles Return-on-Tangible-Equity Chart

Bojangles Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Bojangles Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity -

Competitive Comparison of Bojangles's Return-on-Tangible-Equity

For the Restaurants subindustry, Bojangles'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.


Bojangles's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bojangles's Return-on-Tangible-Equity distribution charts can be found below:

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



Bojangles Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=72.006/( (-265.093+-189.682 )/ 2 )
=72.006/-227.3875
=Negative Tangible Equity %

Bojangles's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=-10.848/( (-183.29+-180.324)/ 2 )
=-10.848/-181.807
=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 (Sep. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bojangles  (NAS:BOJA) 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.


Bojangles Return-on-Tangible-Equity Related Terms

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


Bojangles (Bojangles) Business Description

Traded in Other Exchanges
N/A
Address
Bojangles Inc operates and franchises hundreds of fast-casual restaurants specializing in Southern food. Breakfast is a major part of Bojangles' business, with almost 40% of total restaurant revenue generated before 11:00 a.m. Bojangles' offers the breakfast menu all day. The company has nearly 400 franchised restaurants and close to 300 company-operated restaurants, primarily located in the Southeastern United States. Nearly half of all restaurants are in North Carolina, and over 100 more are in South Carolina. The company's only international exposure is through a few franchises in Honduras.
Executives
Advent International Gpe Vi-b Lp 10 percent owner C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Steven M Tadler director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
William A Kussell director, other: Non-Exec Chairman of the Board C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
John Currie director 2285 CLARK DRIVE, VANCOUVER A1 V5N 3G9
Advent Partners Gpe Vi-a 2010 Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi 2010 Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Gpe Vi Gp (delaware) Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Gpe Vi Gp Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi 2009 Limited Partnership 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi-a Limited Partnership 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Vi 2008 Limited Partnership 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gpe Vi-g Lp 10 percent owner C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Hull Robert F Jr director 1605 CURTIS BRIDGE ROAD, WILKESBORO NC 28697
Advent International Gpe Vi-c Lp 10 percent owner C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gpe Vi-d Lp 10 percent owner C/O ADVENT INTERNATIONAL CORP, 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199

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