GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » SPEEH Hidroelectrica SA (BSE:H2O) » Definitions » Return-on-Tangible-Equity

SPEEH Hidroelectrica (BSE:H2O) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2023. Start your Free Trial

What is SPEEH Hidroelectrica 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. SPEEH Hidroelectrica's annualized net income for the quarter that ended in . 20 was lei Mil. SPEEH Hidroelectrica's average shareholder tangible equity for the quarter that ended in . 20 was lei Mil. Therefore, SPEEH Hidroelectrica's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

BSE:H2O's Return-on-Tangible-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

SPEEH Hidroelectrica Return-on-Tangible-Equity Historical Data

The historical data trend for SPEEH Hidroelectrica'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.

SPEEH Hidroelectrica Return-on-Tangible-Equity Chart

SPEEH Hidroelectrica Annual Data
Trend
Return-on-Tangible-Equity

SPEEH Hidroelectrica Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of SPEEH Hidroelectrica's Return-on-Tangible-Equity

For the Utilities - Renewable subindustry, SPEEH Hidroelectrica'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.


SPEEH Hidroelectrica's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SPEEH Hidroelectrica's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

SPEEH Hidroelectrica Return-on-Tangible-Equity Calculation

SPEEH Hidroelectrica's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

SPEEH Hidroelectrica's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SPEEH Hidroelectrica  (BSE:H2O) 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.


SPEEH Hidroelectrica Return-on-Tangible-Equity Related Terms

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


SPEEH Hidroelectrica Business Description

Traded in Other Exchanges
Address
15-17 Ion Mihalache Boulevard, floor 10-15, sector 1, Bucharest, ROU
SPEEH Hidroelectrica SA is the leading electricity producer in Romania in terms of electricity produced, a large hydro player in Europe and the main provider of ancillary services in Romania, playing an instrumental role in the security of the NES. The Company is the only producer of electricity from a hydro source that operates dispatchable production units in Romania.

SPEEH Hidroelectrica Headlines

No Headlines