GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Associated Oxygen Ltd (DHA:AOL) » Definitions » Return-on-Tangible-Equity

Associated Oxygen (DHA:AOL) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is Associated Oxygen 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. Associated Oxygen's annualized net income for the quarter that ended in . 20 was BDT Mil. Associated Oxygen's average shareholder tangible equity for the quarter that ended in . 20 was BDT Mil. Therefore, Associated Oxygen's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

DHA:AOL's Return-on-Tangible-Equity is not ranked *
in the Chemicals industry.
Industry Median: 5.83
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Associated Oxygen Return-on-Tangible-Equity Historical Data

The historical data trend for Associated Oxygen'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.

Associated Oxygen Return-on-Tangible-Equity Chart

Associated Oxygen Annual Data
Trend
Return-on-Tangible-Equity

Associated Oxygen Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Associated Oxygen's Return-on-Tangible-Equity

For the Chemicals subindustry, Associated Oxygen'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.


Associated Oxygen's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Associated Oxygen's Return-on-Tangible-Equity distribution charts can be found below:

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



Associated Oxygen Return-on-Tangible-Equity Calculation

Associated Oxygen's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Associated Oxygen's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Associated Oxygen  (DHA:AOL) 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.


Associated Oxygen Return-on-Tangible-Equity Related Terms

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


Associated Oxygen (DHA:AOL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
26, BCIC Sadan, 1st Floor, Agrabad, Chitagong, BGD
Associated Oxygen Ltd is engaged in the business of producing and supplying Industrial gases both in liquid and gaseous forms. The products include industrial gases, medical gases, and welding products.

Associated Oxygen (DHA:AOL) Headlines

No Headlines