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Australian Oilseeds Holdings (Australian Oilseeds Holdings) Return-on-Tangible-Equity : 57.13% (As of Jun. 2023)


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What is Australian Oilseeds Holdings 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. Australian Oilseeds Holdings's annualized net income for the quarter that ended in Jun. 2023 was $1.36 Mil. Australian Oilseeds Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $2.38 Mil. Therefore, Australian Oilseeds Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 57.13%.

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

COOT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 42.51   Med: 91.06   Max: 103.28
Current: 42.51

During the past 2 years, Australian Oilseeds Holdings's highest Return-on-Tangible-Equity was 103.28%. The lowest was 42.51%. And the median was 91.06%.

COOT's Return-on-Tangible-Equity is ranked better than
90.64% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 7.775 vs COOT: 42.51

Australian Oilseeds Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Australian Oilseeds Holdings'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.

Australian Oilseeds Holdings Return-on-Tangible-Equity Chart

Australian Oilseeds Holdings Annual Data
Trend Jun21 Jun22
Return-on-Tangible-Equity
78.83 103.28

Australian Oilseeds Holdings Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity - 129.86 95.12 26.47 57.13

Competitive Comparison of Australian Oilseeds Holdings's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Australian Oilseeds Holdings'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.


Australian Oilseeds Holdings's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Oilseeds Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Australian Oilseeds Holdings's Return-on-Tangible-Equity falls into.



Australian Oilseeds Holdings Return-on-Tangible-Equity Calculation

Australian Oilseeds Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=1.29/( (0.633+1.865 )/ 2 )
=1.29/1.249
=103.28 %

Australian Oilseeds Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=1.362/( (2.049+2.719)/ 2 )
=1.362/2.384
=57.13 %

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


Australian Oilseeds Holdings  (NAS:COOT) 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.


Australian Oilseeds Holdings Return-on-Tangible-Equity Related Terms

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Australian Oilseeds Holdings (Australian Oilseeds Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
126 – 142 Cowcumbla Street, PO Box 263, 52 Fuller Drive, Cootamundra, NSW, AUS, 2590
Website
Australian Oilseeds Holdings Ltd through its subsidiaries, is focused on the manufacture and sale of chemical-free, non-GMO, sustainable edible oils and products derived from oilseeds. The company believes that transitioning from a fossil fuel economy to a renewable and chemical-free economy is the solution to many health problems the world is facing presently.

Australian Oilseeds Holdings (Australian Oilseeds Holdings) Headlines