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Chemoil Energy (FRA:LHT) Return-on-Tangible-Equity : 61.30% (As of Dec. 2013)


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What is Chemoil Energy 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. Chemoil Energy's annualized net income for the quarter that ended in Dec. 2013 was €232 Mil. Chemoil Energy's average shareholder tangible equity for the quarter that ended in Dec. 2013 was €378 Mil. Therefore, Chemoil Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 was 61.30%.

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

FRA:LHT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.02   Med: 16.5   Max: 39.31
Current: 20.17

During the past 9 years, Chemoil Energy's highest Return-on-Tangible-Equity was 39.31%. The lowest was -4.02%. And the median was 16.50%.

FRA:LHT's Return-on-Tangible-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 8.085 vs FRA:LHT: 20.17

Chemoil Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Chemoil Energy'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.

Chemoil Energy Return-on-Tangible-Equity Chart

Chemoil Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 4.02 -3.55 15.78 40.26 19.59

Chemoil Energy Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 133.66 6.83 9.95 1.91 61.30

Competitive Comparison of Chemoil Energy's Return-on-Tangible-Equity

For the Oil & Gas Midstream subindustry, Chemoil Energy'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.


Chemoil Energy's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chemoil Energy's Return-on-Tangible-Equity distribution charts can be found below:

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



Chemoil Energy Return-on-Tangible-Equity Calculation

Chemoil Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=73.724/( (345.671+407.086 )/ 2 )
=73.724/376.3785
=19.59 %

Chemoil Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2013 )  (Q: Sep. 2013 )(Q: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2013 )  (Q: Sep. 2013 )(Q: Dec. 2013 )
=231.604/( (348.598+407.086)/ 2 )
=231.604/377.842
=61.30 %

* 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 (Dec. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Chemoil Energy  (FRA:LHT) 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.


Chemoil Energy Return-on-Tangible-Equity Related Terms

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


Chemoil Energy (FRA:LHT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Joint Corp develops, owns, operates, supports and manages chiropractic clinics through direct ownership, management arrangements, franchising and the sale of regional developer rights throughout the United States. The Company has two operating business segments. The Corporate Clinics segment is comprised of the operating activities of the company-owned or managed clinics. The Franchise Operations segment is comprised of the operating activities of the franchise business unit. The Joint generates most of its revenues from its Franchise operations segment.

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