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Henderson Smaller Investment Trust (CHIX:HSLL) Return-on-Tangible-Equity : -7.57% (As of Nov. 2024)


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What is Henderson Smaller Investment Trust 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. Henderson Smaller Investment Trust's annualized net income for the quarter that ended in Nov. 2024 was £-54.9 Mil. Henderson Smaller Investment Trust's average shareholder tangible equity for the quarter that ended in Nov. 2024 was £725.3 Mil. Therefore, Henderson Smaller Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2024 was -7.57%.

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

CHIX:HSLl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.22   Med: 5.95   Max: 45.1
Current: 17.12

During the past 13 years, Henderson Smaller Investment Trust's highest Return-on-Tangible-Equity was 45.10%. The lowest was -19.22%. And the median was 5.95%.

CHIX:HSLl's Return-on-Tangible-Equity is ranked better than
76.99% of 1634 companies
in the Asset Management industry
Industry Median: 7.415 vs CHIX:HSLl: 17.12

Henderson Smaller Investment Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Henderson Smaller Investment Trust'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.

Henderson Smaller Investment Trust Return-on-Tangible-Equity Chart

Henderson Smaller Investment Trust Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.37 45.10 -19.22 -14.79 13.12

Henderson Smaller Investment Trust Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.83 -2.69 -16.10 42.76 -7.57

Competitive Comparison of Henderson Smaller Investment Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, Henderson Smaller Investment Trust'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.


Henderson Smaller Investment Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henderson Smaller Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

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


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Henderson Smaller Investment Trust Return-on-Tangible-Equity Calculation

Henderson Smaller Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=93.345/( (675.387+747.34 )/ 2 )
=93.345/711.3635
=13.12 %

Henderson Smaller Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2024 )  (Q: May. 2024 )(Q: Nov. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2024 )  (Q: May. 2024 )(Q: Nov. 2024 )
=-54.91/( (747.34+703.322)/ 2 )
=-54.91/725.331
=-7.57 %

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


Henderson Smaller Investment Trust  (CHIX:HSLl) 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.


Henderson Smaller Investment Trust Return-on-Tangible-Equity Related Terms

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


Henderson Smaller Investment Trust Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Henderson Smaller Companies Investment Trust PLC is a closed-ended equity mutual fund. Its investment objective is to maximize shareholder's total returns by investing in smaller companies quoted in the United Kingdom. The company's only segment being the activity of investing in shares and securities for capital appreciation. Geographically, it operates only in the United Kingdom.

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