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Juniper Industrial Holdings (Juniper Industrial Holdings) Return-on-Tangible-Equity : -45.64% (As of Mar. 2021)


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What is Juniper Industrial Holdings 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. Juniper Industrial Holdings's annualized net income for the quarter that ended in Mar. 2021 was $-120.49 Mil. Juniper Industrial Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2021 was $264.00 Mil. Therefore, Juniper Industrial Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2021 was -45.64%.

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

JIH.U' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.69   Med: -10.39   Max: -10.39
Current: -19.69

During the past 2 years, Juniper Industrial Holdings's highest Return-on-Tangible-Equity was -10.39%. The lowest was -19.69%. And the median was -10.39%.

JIH.U's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.53 vs JIH.U: -19.69

Juniper Industrial Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Juniper Industrial Holdings'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.

Juniper Industrial Holdings Return-on-Tangible-Equity Chart

Juniper Industrial Holdings Annual Data
Trend Dec19 Dec20
Return-on-Tangible-Equity
- -10.01

Juniper Industrial Holdings Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21
Return-on-Tangible-Equity Get a 7-Day Free Trial 19.78 -0.25 -1.30 -38.10 -45.64

Competitive Comparison of Juniper Industrial Holdings's Return-on-Tangible-Equity

For the Shell Companies subindustry, Juniper Industrial Holdings'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.


Juniper Industrial Holdings's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Juniper Industrial Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Juniper Industrial Holdings Return-on-Tangible-Equity Calculation

Juniper Industrial Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-29.395/( (308.442+279.058 )/ 2 )
=-29.395/293.75
=-10.01 %

Juniper Industrial Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2021 )  (Q: Dec. 2020 )(Q: Mar. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2021 )  (Q: Dec. 2020 )(Q: Mar. 2021 )
=-120.488/( (279.058+248.936)/ 2 )
=-120.488/263.997
=-45.64 %

* 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 (Mar. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Juniper Industrial Holdings  (NYSE:JIH.U) 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.


Juniper Industrial Holdings Return-on-Tangible-Equity Related Terms

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


Juniper Industrial Holdings (Juniper Industrial Holdings) Business Description

Traded in Other Exchanges
N/A
Address
14 Fairmount Avenue, Chatham, NJ, USA, 07928
Juniper Industrial Holdings Inc is a blank check company.
Executives
David M Cote director PO BOX 781, ANNA MARIA FL 34216
Roger Fradin director, 10 percent owner, officer: Chief Executive Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Juniper Industrial Sponsor, Llc 10 percent owner 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Brian Scott Cook director, 10 percent owner, officer: Chief Financial Officer C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Mitchell Lawrence Jacobson director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Mark Stuart Levy director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928

Juniper Industrial Holdings (Juniper Industrial Holdings) Headlines

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