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PT Net Visi Media Tbk (ISX:NETV) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is PT Net Visi Media Tbk 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. PT Net Visi Media Tbk's annualized net income for the quarter that ended in Dec. 2023 was Rp-1,675,938 Mil. PT Net Visi Media Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2023 was Rp-651,918 Mil. Therefore, PT Net Visi Media Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for PT Net Visi Media Tbk's Return-on-Tangible-Equity or its related term are showing as below:

ISX:NETV's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.24
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

PT Net Visi Media Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Net Visi Media Tbk'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.

PT Net Visi Media Tbk Return-on-Tangible-Equity Chart

PT Net Visi Media Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
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PT Net Visi Media Tbk Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PT Net Visi Media Tbk's Return-on-Tangible-Equity

For the Broadcasting subindustry, PT Net Visi Media Tbk'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.


PT Net Visi Media Tbk's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Net Visi Media Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Net Visi Media Tbk's Return-on-Tangible-Equity falls into.



PT Net Visi Media Tbk Return-on-Tangible-Equity Calculation

PT Net Visi Media Tbk'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 )
=-630418.18/( (-217507.221+-876748.294 )/ 2 )
=-630418.18/-547127.7575
=N/A %

PT Net Visi Media Tbk'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1675938.476/( (-427086.773+-876748.294)/ 2 )
=-1675938.476/-651917.5335
=N/A %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Net Visi Media Tbk  (ISX:NETV) 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.


PT Net Visi Media Tbk Return-on-Tangible-Equity Related Terms

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


PT Net Visi Media Tbk (ISX:NETV) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Gatot Subroto Kav. 21, Graha Mitra Lt. 4, RT 003 RW 002, Karet Semanggi, Setiabudi, Jakarta, IDN, 12930
PT Net Visi Media Tbk is a media company. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media.

PT Net Visi Media Tbk (ISX:NETV) Headlines

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