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ISS A/S (ISS A/S) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


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What is ISS A/S 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. ISS A/S's annualized net income for the quarter that ended in Dec. 2023 was $252 Mil. ISS A/S's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-1,970 Mil. Therefore, ISS A/S's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was Negative Tangible Equity%.

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

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

ISFFF's Return-on-Tangible-Equity is ranked better than
99.9% of 1000 companies
in the Business Services industry
Industry Median: 12.08 vs ISFFF: Negative Tangible Equity

ISS A/S Return-on-Tangible-Equity Historical Data

The historical data trend for ISS A/S'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.

ISS A/S Return-on-Tangible-Equity Chart

ISS A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

ISS A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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

Competitive Comparison of ISS A/S's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, ISS A/S'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.


ISS A/S's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ISS A/S's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where ISS A/S's Return-on-Tangible-Equity falls into.



ISS A/S Return-on-Tangible-Equity Calculation

ISS A/S'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 )
=40.821/( (-1959.874+-1957.483 )/ 2 )
=40.821/-1958.6785
=Negative Tangible Equity %

ISS A/S's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=251.946/( (-1982.567+-1957.483)/ 2 )
=251.946/-1970.025
=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 two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


ISS A/S  (OTCPK:ISFFF) 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.


ISS A/S Return-on-Tangible-Equity Related Terms

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


ISS A/S (ISS A/S) Business Description

Traded in Other Exchanges
Address
Buddingevej 197, Soborg, DNK, DK-2860
ISS A/S is a provider of workplace and facility service solutions with a focus on cleaning, property, catering, support, security, and facility management. The company has three segments; office-based, production-based, and healthcare. Its core services offering to customers consist of cleaning, food, technical, and workplace services. Revenue is mainly generated in European end markets, with the majority earned in the United Kingdom.

ISS A/S (ISS A/S) Headlines

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