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Gulf Commercial Bank (Al-Kaleej Bank) (IQS:BGUC) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Gulf Commercial Bank (Al-Kaleej Bank) 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. Gulf Commercial Bank (Al-Kaleej Bank)'s annualized net income for the quarter that ended in . 20 was ع.د Mil. Gulf Commercial Bank (Al-Kaleej Bank)'s average shareholder tangible equity for the quarter that ended in . 20 was ع.د Mil. Therefore, Gulf Commercial Bank (Al-Kaleej Bank)'s annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Gulf Commercial Bank (Al-Kaleej Bank)'s Return-on-Tangible-Equity or its related term are showing as below:

IQS:BGUC's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.69
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Gulf Commercial Bank (Al-Kaleej Bank) Return-on-Tangible-Equity Historical Data

The historical data trend for Gulf Commercial Bank (Al-Kaleej Bank)'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.

Gulf Commercial Bank (Al-Kaleej Bank) Return-on-Tangible-Equity Chart

Gulf Commercial Bank (Al-Kaleej Bank) Annual Data
Trend
Return-on-Tangible-Equity

Gulf Commercial Bank (Al-Kaleej Bank) Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Gulf Commercial Bank (Al-Kaleej Bank)'s Return-on-Tangible-Equity

For the Banks - Regional subindustry, Gulf Commercial Bank (Al-Kaleej Bank)'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.


Gulf Commercial Bank (Al-Kaleej Bank)'s Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gulf Commercial Bank (Al-Kaleej Bank)'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gulf Commercial Bank (Al-Kaleej Bank)'s Return-on-Tangible-Equity falls into.



Gulf Commercial Bank (Al-Kaleej Bank) Return-on-Tangible-Equity Calculation

Gulf Commercial Bank (Al-Kaleej Bank)'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 )
=/( (+ )/ )
=/
= %

Gulf Commercial Bank (Al-Kaleej Bank)'s annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

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

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


Gulf Commercial Bank (Al-Kaleej Bank)  (IQS:BGUC) 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.


Gulf Commercial Bank (Al-Kaleej Bank) Return-on-Tangible-Equity Related Terms

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Gulf Commercial Bank (Al-Kaleej Bank) (IQS:BGUC) Business Description

Traded in Other Exchanges
N/A
Address
Al-Sadoon Street, Building 27, Sector 903, Opposite to Al-Alawiyya Exchange, Baghdad, IRQ
Gulf Commercial Bank (Al-Kaleej Bank) provides banking services. It is based in Baghdad in Iraq. It has more than fifteen branches. It offers retail banking services, such as current and saving accounts, personal loans, and currency and credit cards. The company also provides wholesale commercial financing, project and structured financing, syndication and agency, Shariah-compliant banking, and global transaction banking services.

Gulf Commercial Bank (Al-Kaleej Bank) (IQS:BGUC) Headlines

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