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Catcha Investment (Catcha Investment) Return-on-Tangible-Equity : -142.15% (As of Sep. 2023)


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What is Catcha Investment 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. Catcha Investment's annualized net income for the quarter that ended in Sep. 2023 was $-18.34 Mil. Catcha Investment's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $12.90 Mil. Therefore, Catcha Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -142.15%.

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

CHAA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.95   Med: 5.92   Max: 7.78
Current: -1.95

During the past 3 years, Catcha Investment's highest Return-on-Tangible-Equity was 7.78%. The lowest was -1.95%. And the median was 5.92%.

CHAA's Return-on-Tangible-Equity is ranked worse than
59.65% of 513 companies
in the Diversified Financial Services industry
Industry Median: 0.68 vs CHAA: -1.95

Catcha Investment Return-on-Tangible-Equity Historical Data

The historical data trend for Catcha Investment'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.

Catcha Investment Return-on-Tangible-Equity Chart

Catcha Investment Annual Data
Trend Dec20 Dec21 Dec22
Return-on-Tangible-Equity
- 7.78 4.05

Catcha Investment Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 3.48 -0.50 -7.17 -142.15

Competitive Comparison of Catcha Investment's Return-on-Tangible-Equity

For the Shell Companies subindustry, Catcha Investment'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.


Catcha Investment's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

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

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



Catcha Investment Return-on-Tangible-Equity Calculation

Catcha Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=11.616/( (281.231+292.847 )/ 2 )
=11.616/287.039
=4.05 %

Catcha Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-18.34/( (10.069+15.734)/ 2 )
=-18.34/12.9015
=-142.15 %

* 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 (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Catcha Investment  (AMEX:CHAA) 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.


Catcha Investment Return-on-Tangible-Equity Related Terms

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


Catcha Investment (Catcha Investment) Business Description

Traded in Other Exchanges
N/A
Address
8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988
Catcha Investment Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
James A Graf director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Catcha Holdings Llc 10 percent owner 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Richard Alan Hess director C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Patrick Grove director, 10 percent owner, officer: Chief Executive Officer C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Lucas Robert Elliott director, 10 percent owner, officer: President C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Wai Kit Wong officer: Chief Financial Officer C/O CATCHA INVESTMENTS, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005