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Alalza Inversiones CA (CAR:ALZ.B) Return-on-Tangible-Equity : 0.00% (As of . 20)


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

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

CAR:ALZ.B's Return-on-Tangible-Equity is not ranked *
in the Credit Services industry.
Industry Median: 6.91
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Alalza Inversiones CA Return-on-Tangible-Equity Historical Data

The historical data trend for Alalza Inversiones CA'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.

Alalza Inversiones CA Return-on-Tangible-Equity Chart

Alalza Inversiones CA Annual Data
Trend
Return-on-Tangible-Equity

Alalza Inversiones CA Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Alalza Inversiones CA's Return-on-Tangible-Equity

For the Credit Services subindustry, Alalza Inversiones CA'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.


Alalza Inversiones CA's Return-on-Tangible-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Alalza Inversiones CA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Alalza Inversiones CA's Return-on-Tangible-Equity falls into.



Alalza Inversiones CA Return-on-Tangible-Equity Calculation

Alalza Inversiones CA'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 )
=/( (+ )/ )
=/
= %

Alalza Inversiones CA'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.


Alalza Inversiones CA  (CAR:ALZ.B) 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.


Alalza Inversiones CA Return-on-Tangible-Equity Related Terms

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Alalza Inversiones CA (CAR:ALZ.B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida 11 between 6th and 7th Transversal, Qta Campanera, Chacao Municipality, Caracas, M, VEN, 1060
Website
Alalza Inversiones CA obtains resources to be invested in small and medium-sized enterprises or large companies. The group involves companies that are public, private, mixed, or in the promotion and belong to various sectors of the national or international economy that require financing to support project promotion and execution. It also helps in the planning and designing of a set of strategies for the clients. It has already generated its first financial project, which is Pdelo, a platform for microfinance education, admission, risk analysis, and loan documentation.

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