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DHB Capital (DHB Capital) Return-on-Tangible-Equity : 2.60% (As of Sep. 2022)


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What is DHB Capital 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. DHB Capital's annualized net income for the quarter that ended in Sep. 2022 was $7.14 Mil. DHB Capital's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $275.15 Mil. Therefore, DHB Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 2.60%.

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

DHBC's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.67
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

DHB Capital Return-on-Tangible-Equity Historical Data

The historical data trend for DHB Capital'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.

DHB Capital Return-on-Tangible-Equity Chart

DHB Capital Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- 0.25

DHB Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial 5.16 -0.54 6.66 3.91 2.60

Competitive Comparison of DHB Capital's Return-on-Tangible-Equity

For the Shell Companies subindustry, DHB Capital'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.


DHB Capital's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

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

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



DHB Capital Return-on-Tangible-Equity Calculation

DHB Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=0.336/( (0.024+267.102 )/ 2 )
=0.336/133.563
=0.25 %

DHB Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=7.144/( (274.254+276.04)/ 2 )
=7.144/275.147
=2.60 %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DHB Capital  (NAS:DHBC) 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.


DHB Capital Return-on-Tangible-Equity Related Terms

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


DHB Capital (DHB Capital) Business Description

Traded in Other Exchanges
N/A
Address
5 Brewster Street, Suite 2105, Glen Cove, NY, USA, 11542
DHB Capital Corp is a blank check company.
Executives
R Eugene Taylor director BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-57-01, CHARLOTTE NC 28255
Richard M Demartini director, 10 percent owner, officer: Co-Executive Chairman BANK OF AMERICA CORP, 9 WEST 57TH STREET NY1-301-48-02, NEW YORK NY 10019
Hurst Robert J/ny director, 10 percent owner, officer: Co-Executive Chairman C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004
Alex J. Binderow director, 10 percent owner, officer: CEO and President C/O CRESTVIEW ADVISORS, L.L.C., 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Marshall Lux director 5 BREWSTER STREET #2105, GLEN COVE NY 11542
Vinay Nair director 250 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019-7599
Dhb Capital Llc 10 percent owner 200 CHAMBERS STREET, APARTMENT 27B, NEW YORK NY 10007
Sharon French director 5 BREWSTER STREET #2105, GLEN COVE NY 11542