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Inscape (Inscape) Return-on-Tangible-Equity : -875.80% (As of Oct. 2022)


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What is Inscape 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. Inscape's annualized net income for the quarter that ended in Oct. 2022 was $-23.02 Mil. Inscape's average shareholder tangible equity for the quarter that ended in Oct. 2022 was $2.63 Mil. Therefore, Inscape's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2022 was -875.80%.

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

ICPBQ's Return-on-Tangible-Equity is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 7.21
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Inscape Return-on-Tangible-Equity Historical Data

The historical data trend for Inscape'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.

Inscape Return-on-Tangible-Equity Chart

Inscape Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.08 -42.15 -46.74 -9.47 -6.44

Inscape Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
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 -131.11 207.34 10.57 -237.40 -875.80

Competitive Comparison of Inscape's Return-on-Tangible-Equity

For the Furnishings, Fixtures & Appliances subindustry, Inscape'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.


Inscape's Return-on-Tangible-Equity Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inscape's Return-on-Tangible-Equity distribution charts can be found below:

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



Inscape Return-on-Tangible-Equity Calculation

Inscape's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2022 )  (A: Apr. 2021 )(A: Apr. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2022 )  (A: Apr. 2021 )(A: Apr. 2022 )
=-0.664/( (10.044+10.572 )/ 2 )
=-0.664/10.308
=-6.44 %

Inscape's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2022 )  (Q: Jul. 2022 )(Q: Oct. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2022 )  (Q: Jul. 2022 )(Q: Oct. 2022 )
=-23.016/( (5.546+-0.29)/ 2 )
=-23.016/2.628
=-875.80 %

* 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 (Oct. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Inscape  (GREY:ICPBQ) 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.


Inscape Return-on-Tangible-Equity Related Terms

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


Inscape (Inscape) Business Description

Traded in Other Exchanges
N/A
Address
67 Toll Road, Holland Landing, ON, CAN, L9N 1H2
Inscape Corp is an office furniture manufacturer. Its operating segment includes Furniture and Walls. The furniture segment includes storage, benching, systems, and seating solutions. The Walls segment includes architectural and movable walls. It generates maximum revenue from the Furniture segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. It provides services to small and large organizations.

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