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Scut Bacau (BSE:SCBC) Return-on-Tangible-Equity : 0.00% (As of . 20)


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

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

BSE:SCBC's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 7.5
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Scut Bacau Return-on-Tangible-Equity Historical Data

The historical data trend for Scut Bacau'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.

Scut Bacau Return-on-Tangible-Equity Chart

Scut Bacau Annual Data
Trend
Return-on-Tangible-Equity

Scut Bacau Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Scut Bacau's Return-on-Tangible-Equity

For the Engineering & Construction subindustry, Scut Bacau'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.


Scut Bacau's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Scut Bacau's Return-on-Tangible-Equity distribution charts can be found below:

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


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Scut Bacau Return-on-Tangible-Equity Calculation

Scut Bacau'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 )
=/( (+ )/ )
=/
= %

Scut Bacau'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.


Scut Bacau  (BSE:SCBC) 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.


Scut Bacau Return-on-Tangible-Equity Related Terms

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


Scut Bacau Business Description

Traded in Other Exchanges
N/A
Address
Strada Izvoare 100, Bacau county, Bacau, ROU, 600170
Scut SA Bacau is engaged in the construction & maintenance of roads and bridges and the renting of construction equipment & machinery. The company offers various services for light commercial vehicles, trucks, trailers, and construction equipment, including computerized diagnosis; electrical, electronic, and mechanical repair services; undertaking of painting work to the standards of the brand; steering adjustment on the Josam TruckAligner II laser stand; car wash services; and technical inspection services, as well as sells original parts and accessories. It is also involved in the construction and maintenance of roads and bridges.

Scut Bacau Headlines

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