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CF Acquisition VI (CF Acquisition VI) Return-on-Tangible-Equity : 27.54% (As of Jun. 2022)


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What is CF Acquisition VI 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. CF Acquisition VI's annualized net income for the quarter that ended in Jun. 2022 was $75.04 Mil. CF Acquisition VI's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $272.46 Mil. Therefore, CF Acquisition VI's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 27.54%.

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

CFVI's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.67
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CF Acquisition VI Return-on-Tangible-Equity Historical Data

The historical data trend for CF Acquisition VI'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.

CF Acquisition VI Return-on-Tangible-Equity Chart

CF Acquisition VI Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- -13.11

CF Acquisition VI Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 2.50 1.19 -24.70 -15.06 27.54

Competitive Comparison of CF Acquisition VI's Return-on-Tangible-Equity

For the Shell Companies subindustry, CF Acquisition VI'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.


CF Acquisition VI's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, CF Acquisition VI's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CF Acquisition VI's Return-on-Tangible-Equity falls into.



CF Acquisition VI Return-on-Tangible-Equity Calculation

CF Acquisition VI's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-17.908/( (0.024+273.164 )/ 2 )
=-17.908/136.594
=-13.11 %

CF Acquisition VI's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=75.044/( (263.083+281.843)/ 2 )
=75.044/272.463
=27.54 %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CF Acquisition VI  (NAS:CFVI) 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.


CF Acquisition VI Return-on-Tangible-Equity Related Terms

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


CF Acquisition VI (CF Acquisition VI) Business Description

Traded in Other Exchanges
N/A
Address
110 East 59th Street, New York, NY, USA, 10022
Website
CF Acquisition Corp VI is a blank check company.
Executives
Paul T Cappuccio director TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis officer: Gen.Counsel & Corp. Sectry 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ryan Milnes director, 10 percent owner 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes officer: Chief Operating Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki officer: Chief Technology Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff officer: Chief Financial Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Nancy Armstrong director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang director 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski director, 10 percent owner, officer: Chief Executive Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo officer: Chief Content Officer 444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein director CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay director 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Jane Novak officer: Chief Financial Officer 110 EAST 59TH STREET, NEW YORK NY 10022
Elam Harry J. Jr. director CANTOR ACQUISITION CORP. VI, 110 EAST 59TH STREET, NEW YORK NY 10022