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Loral Spacemmunications (FRA:1L8) Return-on-Tangible-Equity : -40.88% (As of Sep. 2021)


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What is Loral Spacemmunications 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. Loral Spacemmunications's annualized net income for the quarter that ended in Sep. 2021 was €-85.71 Mil. Loral Spacemmunications's average shareholder tangible equity for the quarter that ended in Sep. 2021 was €209.67 Mil. Therefore, Loral Spacemmunications's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was -40.88%.

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

FRA:1L8's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.375
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Loral Spacemmunications Return-on-Tangible-Equity Historical Data

The historical data trend for Loral Spacemmunications'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.

Loral Spacemmunications Return-on-Tangible-Equity Chart

Loral Spacemmunications Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.27 55.82 3.33 28.02 31.41

Loral Spacemmunications Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 119.31 176.76 55.41 34.42 -40.88

Competitive Comparison of Loral Spacemmunications's Return-on-Tangible-Equity

For the Telecom Services subindustry, Loral Spacemmunications'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.


Loral Spacemmunications's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Loral Spacemmunications's Return-on-Tangible-Equity distribution charts can be found below:

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



Loral Spacemmunications Return-on-Tangible-Equity Calculation

Loral Spacemmunications's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=76.522/( (315.024+172.236 )/ 2 )
=76.522/243.63
=31.41 %

Loral Spacemmunications's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-85.708/( (214.255+205.083)/ 2 )
=-85.708/209.669
=-40.88 %

* 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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Loral Spacemmunications  (FRA:1L8) 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.


Loral Spacemmunications Return-on-Tangible-Equity Related Terms

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Loral Spacemmunications (FRA:1L8) Business Description

Traded in Other Exchanges
N/A
Address
600 Fifth Avenue, New York, NY, USA, 10020
Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.

Loral Spacemmunications (FRA:1L8) Headlines

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