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Inflection Point Acquisition (Inflection Point Acquisition) Return-on-Tangible-Equity : -0.65% (As of Sep. 2022)


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What is Inflection Point Acquisition 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. Inflection Point Acquisition's annualized net income for the quarter that ended in Sep. 2022 was $-2.08 Mil. Inflection Point Acquisition's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $318.47 Mil. Therefore, Inflection Point Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was -0.65%.

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

IPAX's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Inflection Point Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for Inflection Point Acquisition'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.

Inflection Point Acquisition Return-on-Tangible-Equity Chart

Inflection Point Acquisition Annual Data
Trend Dec21
Return-on-Tangible-Equity
-

Inflection Point Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial -0.12 - -0.40 -0.14 -0.65

Competitive Comparison of Inflection Point Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, Inflection Point Acquisition'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.


Inflection Point Acquisition's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Inflection Point Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

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



Inflection Point Acquisition Return-on-Tangible-Equity Calculation

Inflection Point Acquisition's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: . 20 )(A: Dec. 2021 )
=/( (+ )/ )
=/
= %

Inflection Point Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-2.084/( (318.727+318.206)/ 2 )
=-2.084/318.4665
=-0.65 %

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


Inflection Point Acquisition  (NAS:IPAX) 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.


Inflection Point Acquisition Return-on-Tangible-Equity Related Terms

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


Inflection Point Acquisition (Inflection Point Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
34 East 51st Street, 5th Floor, New York, NY, USA, 10022
Inflection Point Acquisition Corp is a blank check company.
Executives
Erin Clift director C/O INFLECTION POINT ACQUISITION CORP., 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Kingstown Capital Partners, Llc director, other: See Remarks 535 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Kingstown 1740 Fund L.p. director, other: See Remarks 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Guy Shanon director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Michael Blitzer director, 10 percent owner, officer: Co-Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Kingstown Capital Management L.p. 10 percent owner, other: See Remarks 167 MADISON AVENUE, SUITE 205 #1033, NEW YORK NY 10016
Kingstown Management Gp Llc 10 percent owner, other: See Remarks 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Inflection Point Holdings Llc 10 percent owner, other: See Remarks 34 EAST 51ST STREET, 5TH FLOOR, NEW YORK NY 10022
Brian Pitz director, officer: Chief Financial Officer P.O. BOX 2158, AMTECH CAPITAL PARTNERS LLC, AMAGANSETT NY 11930
Nicholas Shekerdemian director 201 EAST 21ST STREET, NEW YORK NY 10010

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