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Franklin BSP Capital (Franklin BSP Capital) Return-on-Tangible-Equity : 5.25% (As of Mar. 2024)


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What is Franklin BSP 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. Franklin BSP Capital's annualized net income for the quarter that ended in Mar. 2024 was $104.88 Mil. Franklin BSP Capital's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $1,998.56 Mil. Therefore, Franklin BSP Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 5.25%.

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

FRBP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.31
Current: 1.31

During the past 0 years, Franklin BSP Capital's highest Return-on-Tangible-Equity was 1.31%. The lowest was 0.00%. And the median was 0.00%.

FRBP's Return-on-Tangible-Equity is ranked worse than
66.01% of 1671 companies
in the Asset Management industry
Industry Median: 4.98 vs FRBP: 1.31

Franklin BSP Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Franklin BSP 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.

Franklin BSP Capital Return-on-Tangible-Equity Chart

Franklin BSP Capital Annual Data
Trend
Return-on-Tangible-Equity

Franklin BSP Capital Quarterly Data
Mar23 Mar24
Return-on-Tangible-Equity - 5.25

Competitive Comparison of Franklin BSP Capital's Return-on-Tangible-Equity

For the Asset Management subindustry, Franklin BSP 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.


Franklin BSP Capital's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin BSP Capital's Return-on-Tangible-Equity distribution charts can be found below:

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



Franklin BSP Capital Return-on-Tangible-Equity Calculation

Franklin BSP Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Franklin BSP Capital'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: Mar. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=104.88/( (0+1998.558)/ 1 )
=104.88/1998.558
=5.25 %

* 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.


Franklin BSP Capital  (OTCPK:FRBP) 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.


Franklin BSP Capital Return-on-Tangible-Equity Related Terms

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


Franklin BSP Capital (Franklin BSP Capital) Business Description

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Traded in Other Exchanges
N/A
Address
Website
Franklin BSP Capital Corp is a an externally managed closed-end management investment company whose investment objective is to generate both current income capital and capital appreciation through debt and equity investments. The Company invests in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle market companies.

Franklin BSP Capital (Franklin BSP Capital) Headlines

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