GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DILA Capital Acquisition Corp (NAS:DILA) » Definitions » Return-on-Tangible-Equity

DILA Capital Acquisition (DILA Capital Acquisition) Return-on-Tangible-Equity : 0.10% (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is DILA Capital Acquisition 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. DILA Capital Acquisition's annualized net income for the quarter that ended in Sep. 2022 was $0.06 Mil. DILA Capital Acquisition's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $58.38 Mil. Therefore, DILA Capital Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 0.10%.

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

DILA's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

DILA Capital Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for DILA Capital Acquisition'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.

DILA Capital Acquisition Return-on-Tangible-Equity Chart

DILA Capital Acquisition Annual Data
Trend Dec21
Return-on-Tangible-Equity
-0.99

DILA Capital Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial -1.37 -2.07 -1.64 -0.83 0.10

Competitive Comparison of DILA Capital Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, DILA Capital Acquisition'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.


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

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

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



DILA Capital Acquisition Return-on-Tangible-Equity Calculation

DILA Capital Acquisition'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: . 20 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=/( (+ )/ )
=/
= %

DILA Capital Acquisition'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 )
=0.056/( (58.372+58.387)/ 2 )
=0.056/58.3795
=0.10 %

* 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.


DILA Capital Acquisition  (NAS:DILA) 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.


DILA Capital Acquisition Return-on-Tangible-Equity Related Terms

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


DILA Capital Acquisition (DILA Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1395 Brickell Avenue, Suite 950, Miami, FL, USA, 33131
DILA Capital Acquisition Corp is a blank check company.
Executives
Zambrano Benitez Enrique De Jesus director C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Dila Capital Sponsor Group, Llc 10 percent owner 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Jorge Velez officer: Chief Financial Officer C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Rodrigo Lebois Ocejo director C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Armando Santacruz Gonzalez director C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Eduardo Clave director, 10 percent owner, officer: Chief Executive Officer C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Yvonne Ochoa Rosellini director C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Cervantes Coste Luis Felipe director C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131
Alejandro Diez Barroso officer: Chief Operating Officer C/O DILA CAPITAL ACQUISITION CORP., 1395 BRICKELL AVE., STE. 950, MIAMI FL 33131