GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kinea Unique Hy Cdi Fundo De Investimento Imobiliario (BSP:KNUQ11) » Definitions » Return-on-Tangible-Equity

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario (BSP:KNUQ11) Return-on-Tangible-Equity : 0.00% (As of Jun. 2024)


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

What is Kinea Unique Hy Cdi Fundo De Investimento Imobiliario 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. Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's annualized net income for the quarter that ended in Jun. 2024 was R$0.00 Mil. Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's average shareholder tangible equity for the quarter that ended in Jun. 2024 was R$855.87 Mil. Therefore, Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 0.00%.

The historical rank and industry rank for Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's Return-on-Tangible-Equity or its related term are showing as below:

BSP:KNUQ11' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.98   Med: 10.21   Max: 10.21
Current: 1.98

During the past 2 years, Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's highest Return-on-Tangible-Equity was 10.21%. The lowest was 1.98%. And the median was 10.21%.

BSP:KNUQ11's Return-on-Tangible-Equity is ranked worse than
70.62% of 919 companies
in the REITs industry
Industry Median: 5.75 vs BSP:KNUQ11: 1.98

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Return-on-Tangible-Equity Historical Data

The historical data trend for Kinea Unique Hy Cdi Fundo De Investimento Imobiliario'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.

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Return-on-Tangible-Equity Chart

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Annual Data
Trend Jun23 Jun24
Return-on-Tangible-Equity
- 10.21

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Semi-Annual Data
Jun23 Jun24
Return-on-Tangible-Equity 20.39 -

Competitive Comparison of Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Kinea Unique Hy Cdi Fundo De Investimento Imobiliario'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.


Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's Return-on-Tangible-Equity falls into.


;
;

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Return-on-Tangible-Equity Calculation

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=87.357/( (166.608+1545.126 )/ 2 )
=87.357/855.867
=10.21 %

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Jun. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Jun. 2023 )(Q: Jun. 2024 )
=0/( (166.608+1545.126)/ 2 )
=0/855.867
=0.00 %

* 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 two times the semi-annual (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kinea Unique Hy Cdi Fundo De Investimento Imobiliario  (BSP:KNUQ11) 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.


Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Kinea Unique Hy Cdi Fundo De Investimento Imobiliario's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, 3500, 10th Floor- ITAIM BIBI, Sao Paulo, SP, BRA, 04538132
Kinea Unique Hy Cdi Fundo De Investimento Imobiliario is a Real Estate Investment Trust whose objective is to invest in real estate projects in the form provided in the applicable regulations, for the purpose of obtaining income and possible capital gains, through the acquisition of Receivables Certificates.

Kinea Unique Hy Cdi Fundo De Investimento Imobiliario Headlines

No Headlines