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Seasons Furnishings (BOM:521182) Return-on-Tangible-Equity : 0.00% (As of Mar. 2023)


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What is Seasons Furnishings 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. Seasons Furnishings's annualized net income for the quarter that ended in Mar. 2023 was ₹-2.79 Mil. Seasons Furnishings's average shareholder tangible equity for the quarter that ended in Mar. 2023 was ₹-8.94 Mil. Therefore, Seasons Furnishings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was N/A%.

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

BOM:521182's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.435
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Seasons Furnishings Return-on-Tangible-Equity Historical Data

The historical data trend for Seasons Furnishings'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.

Seasons Furnishings Return-on-Tangible-Equity Chart

Seasons Furnishings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 -140.02 -1,176.45 Negative Tangible Equity Negative Tangible Equity

Seasons Furnishings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - -

Competitive Comparison of Seasons Furnishings's Return-on-Tangible-Equity

For the Textile Manufacturing subindustry, Seasons Furnishings'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.


Seasons Furnishings's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seasons Furnishings's Return-on-Tangible-Equity distribution charts can be found below:

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



Seasons Furnishings Return-on-Tangible-Equity Calculation

Seasons Furnishings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=2.573/( (-11.75+-8.939 )/ 2 )
=2.573/-10.3445
=Negative Tangible Equity %

Seasons Furnishings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-2.788/( (0+-8.939)/ 1 )
=-2.788/-8.939
=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 (Mar. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Seasons Furnishings  (BOM:521182) 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.


Seasons Furnishings Return-on-Tangible-Equity Related Terms

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


Seasons Furnishings (BOM:521182) Business Description

Traded in Other Exchanges
N/A
Address
A-47, 1st Floor, Okhla Industrial Area, Phase-1, New Delhi, IND, 110 020
Seasons Furnishings Ltd is a designer and seller of furnishing fabric, made-ups, and lifestyle products to institutional and retail customers. Geographically, it operates only in India. Its products include Atelier; Chaplin; Drumroll; Discover; Herald; Matrix; Navajo; Podium; Warlock; Sanna; Missoni and Lutron. The company's only segment consists of trading of Furnishing Fabrics.

Seasons Furnishings (BOM:521182) Headlines

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