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Diamond Power Infrastructure (BOM:522163) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Sep. 2024)


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What is Diamond Power Infrastructure 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. Diamond Power Infrastructure's annualized net income for the quarter that ended in Sep. 2024 was ₹160 Mil. Diamond Power Infrastructure's average shareholder tangible equity for the quarter that ended in Sep. 2024 was ₹-9,229 Mil. Therefore, Diamond Power Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was Negative Tangible Equity%.

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

BOM:522163' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -126.06   Med: -19.92   Max: 20.91
Current: Negative Tangible Equity

During the past 13 years, Diamond Power Infrastructure's highest Return-on-Tangible-Equity was 20.91%. The lowest was -126.06%. And the median was -19.92%.

BOM:522163's Return-on-Tangible-Equity is ranked better than
99.97% of 2920 companies
in the Industrial Products industry
Industry Median: 7.06 vs BOM:522163: Negative Tangible Equity

Diamond Power Infrastructure Return-on-Tangible-Equity Historical Data

The historical data trend for Diamond Power Infrastructure'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.

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Diamond Power Infrastructure Return-on-Tangible-Equity Chart

Diamond Power Infrastructure Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -126.06 -82.26 - - Negative Tangible Equity

Diamond Power Infrastructure Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Diamond Power Infrastructure's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Diamond Power Infrastructure'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.


Diamond Power Infrastructure's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Diamond Power Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:

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



Diamond Power Infrastructure Return-on-Tangible-Equity Calculation

Diamond Power Infrastructure's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=170.25/( (-9798.886+-9733.444 )/ 2 )
=170.25/-9766.165
=Negative Tangible Equity %

Diamond Power Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=160.056/( (0+-9229.4)/ 1 )
=160.056/-9229.4
=Negative Tangible Equity %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Diamond Power Infrastructure  (BOM:522163) 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.


Diamond Power Infrastructure Return-on-Tangible-Equity Related Terms

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Diamond Power Infrastructure Business Description

Traded in Other Exchanges
Address
Corporate Road, PALLADIUM, A-2, 12th Floor, Opposite Divya Bhaskar Press, Prahladnagar, Ahmedabad, GJ, IND, 380015
Diamond Power Infrastructure Ltd is a manufacturer of power transmission equipment and a turnkey service, provider. The firm produces flexible wires and cables of various voltage grades, conductors, transformers, transmission towers, control, and relay panels, isolators, and engineering, procurement, and construction. The conductors include aluminum conductors, all aluminum alloy conductors, aluminum conductor steel reinforced, aluminum conductor alloy reinforced, and high conductivity alloy conductors. The existing capacities of the firm are in aluminum and alloy rods, alloy, and aluminum conductor steel-reinforced conductors, high tension cable and specialty cables, and power transformers.

Diamond Power Infrastructure Headlines

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