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Baltic Classifieds Group (CHIX:BCGL) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Oct. 2024)


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What is Baltic Classifieds Group 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. Baltic Classifieds Group's annualized net income for the quarter that ended in Oct. 2024 was £36.24 Mil. Baltic Classifieds Group's average shareholder tangible equity for the quarter that ended in Oct. 2024 was £-28.52 Mil. Therefore, Baltic Classifieds Group's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 was Negative Tangible Equity%.

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

CHIX:BCGl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 471.57   Med: 471.57   Max: 471.57
Current: Negative Tangible Equity

During the past 6 years, Baltic Classifieds Group's highest Return-on-Tangible-Equity was 471.57%. The lowest was 471.57%. And the median was 471.57%.

CHIX:BCGl's Return-on-Tangible-Equity is ranked better than
99.8% of 495 companies
in the Interactive Media industry
Industry Median: 4.16 vs CHIX:BCGl: Negative Tangible Equity

Baltic Classifieds Group Return-on-Tangible-Equity Historical Data

The historical data trend for Baltic Classifieds Group'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.

Baltic Classifieds Group Return-on-Tangible-Equity Chart

Baltic Classifieds Group Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Baltic Classifieds Group Semi-Annual Data
Apr19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Baltic Classifieds Group's Return-on-Tangible-Equity

For the Internet Content & Information subindustry, Baltic Classifieds Group'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.


Baltic Classifieds Group's Return-on-Tangible-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Baltic Classifieds Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Baltic Classifieds Group's Return-on-Tangible-Equity falls into.


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Baltic Classifieds Group Return-on-Tangible-Equity Calculation

Baltic Classifieds Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=27.475/( (-46.649+-30.13 )/ 2 )
=27.475/-38.3895
=Negative Tangible Equity %

Baltic Classifieds Group's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=36.236/( (-30.13+-26.907)/ 2 )
=36.236/-28.5185
=Negative Tangible Equity %

* 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 (Oct. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Baltic Classifieds Group  (CHIX:BCGl) 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.


Baltic Classifieds Group Return-on-Tangible-Equity Related Terms

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


Baltic Classifieds Group Business Description

Traded in Other Exchanges
Address
Saltoniskiu Street 9B, Vilnius, LTU, LT-08105
Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide line of products. The main focus of the Group is operating online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Baltic Classifieds Group Headlines

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