GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Rajeswari Infrastructure Ltd (BOM:526823) » Definitions » Return-on-Tangible-Equity

Rajeswari Infrastructure (BOM:526823) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Rajeswari 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. Rajeswari Infrastructure's annualized net income for the quarter that ended in Mar. 2024 was ₹-3.17 Mil. Rajeswari Infrastructure's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹-6.89 Mil. Therefore, Rajeswari Infrastructure's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.

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

BOM:526823's Return-on-Tangible-Equity is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 10.485
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Rajeswari Infrastructure Return-on-Tangible-Equity Historical Data

The historical data trend for Rajeswari 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.

* Premium members only.

Rajeswari Infrastructure Return-on-Tangible-Equity Chart

Rajeswari Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity 327.21 -20.21 - -

Rajeswari Infrastructure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Rajeswari Infrastructure's Return-on-Tangible-Equity

For the Residential Construction subindustry, Rajeswari 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.


Rajeswari Infrastructure's Return-on-Tangible-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Rajeswari Infrastructure's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

Rajeswari Infrastructure Return-on-Tangible-Equity Calculation

Rajeswari 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 )
=-2.135/( (-4.758+-6.893 )/ 2 )
=-2.135/-5.8255
=N/A %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-3.172/( (0+-6.893)/ 1 )
=-3.172/-6.893
=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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Rajeswari Infrastructure  (BOM:526823) 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.


Rajeswari Infrastructure Return-on-Tangible-Equity Related Terms

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


Rajeswari Infrastructure Business Description

Traded in Other Exchanges
N/A
Address
Plot Number 248, Door Number 18/23, 2nd Cross Street, East CIT Nagar ((Near CIT Nagar Market), Nandanam, Chennai, TN, IND, 600 035
Rajeswari Infrastructure Ltd is an India based company engaged in civil construction. The company's segments include Construction Division, Serviced Apartment Division, and Printing Division. Geographically, it operates only in India.

Rajeswari Infrastructure Headlines

No Headlines