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Infrastrutture Wireless Italiane SpA (FRA:WI8) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Mar. 2024)


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What is Infrastrutture Wireless Italiane SpA 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. Infrastrutture Wireless Italiane SpA's annualized net income for the quarter that ended in Mar. 2024 was €358.9 Mil. Infrastrutture Wireless Italiane SpA's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €-2,263.8 Mil. Therefore, Infrastrutture Wireless Italiane SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was Negative Tangible Equity%.

The historical rank and industry rank for Infrastrutture Wireless Italiane SpA's Return-on-Tangible-Equity or its related term are showing as below:

FRA:WI8' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 156.13   Med: 178.55   Max: 208.83
Current: Negative Tangible Equity

During the past 9 years, Infrastrutture Wireless Italiane SpA's highest Return-on-Tangible-Equity was 208.83%. The lowest was 156.13%. And the median was 178.55%.

FRA:WI8's Return-on-Tangible-Equity is ranked better than
99.94% of 1761 companies
in the Real Estate industry
Industry Median: 2.8 vs FRA:WI8: Negative Tangible Equity

Infrastrutture Wireless Italiane SpA Return-on-Tangible-Equity Historical Data

The historical data trend for Infrastrutture Wireless Italiane SpA'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.

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Infrastrutture Wireless Italiane SpA Return-on-Tangible-Equity Chart

Infrastrutture Wireless Italiane SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Infrastrutture Wireless Italiane SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Infrastrutture Wireless Italiane SpA's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Infrastrutture Wireless Italiane SpA'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.


Infrastrutture Wireless Italiane SpA's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Infrastrutture Wireless Italiane SpA's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Infrastrutture Wireless Italiane SpA's Return-on-Tangible-Equity falls into.



Infrastrutture Wireless Italiane SpA Return-on-Tangible-Equity Calculation

Infrastrutture Wireless Italiane SpA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=339.497/( (-2269.81+-2297.097 )/ 2 )
=339.497/-2283.4535
=Negative Tangible Equity %

Infrastrutture Wireless Italiane SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=358.932/( (-2297.097+-2230.426)/ 2 )
=358.932/-2263.7615
=Negative Tangible Equity %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Infrastrutture Wireless Italiane SpA  (FRA:WI8) 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.


Infrastrutture Wireless Italiane SpA Return-on-Tangible-Equity Related Terms

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Infrastrutture Wireless Italiane SpA (FRA:WI8) Business Description

Traded in Other Exchanges
Address
Via Gaetano Negri, 1, Milan, ITA, 20121
Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia's tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 23,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit's main competitor in Italy, owning a similar number of towers.

Infrastrutture Wireless Italiane SpA (FRA:WI8) Headlines

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