GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kaya Holdings Inc (OTCPK:KAYS) » Definitions » Return-on-Tangible-Equity

Kaya Holdings (Kaya Holdings) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Kaya 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. Kaya Holdings's annualized net income for the quarter that ended in Dec. 2023 was $0.97 Mil. Kaya Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-13.94 Mil. Therefore, Kaya Holdings'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 Kaya Holdings's Return-on-Tangible-Equity or its related term are showing as below:

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

KAYS's Return-on-Tangible-Equity is ranked better than
99.89% of 945 companies
in the Drug Manufacturers industry
Industry Median: 6.48 vs KAYS: Negative Tangible Equity

Kaya Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Kaya 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.

Kaya Holdings Return-on-Tangible-Equity Chart

Kaya Holdings 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

Kaya Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Kaya Holdings's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Kaya 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.


Kaya Holdings's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kaya Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Kaya Holdings Return-on-Tangible-Equity Calculation

Kaya Holdings'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 )
=1.61/( (-15.642+-13.819 )/ 2 )
=1.61/-14.7305
=Negative Tangible Equity %

Kaya Holdings'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 )
=0.968/( (-14.054+-13.819)/ 2 )
=0.968/-13.9365
=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 four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kaya Holdings  (OTCPK:KAYS) 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.


Kaya Holdings Return-on-Tangible-Equity Related Terms

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


Kaya Holdings (Kaya Holdings) Business Description

Traded in Other Exchanges
N/A
Address
915 Middle River Drive, Suite 316, Fort Lauderdale, FL, USA, 33304
Kaya Holdings Inc is a holding company. It pursues medical and recreational licenses for the growing, processing, and sale of marijuana in jurisdictions through its subsidiaries. The company owns and operates brands that produce, distribute, and sell premium cannabis products including flowers, concentrates, and cannabis-infused baked goods and candies. It mainly operates a vertically integrated seed-to-sale legal marijuana enterprise and its operations include medical marijuana dispensaries, medical marijuana grow-operations, the manufacturing of proprietary cannabis products, and research and development of medical-grade cannabis strains and extracts for pain relief and treatment of serious illnesses. The company operates the Kaya Shack brand of medical marijuana dispensaries.

Kaya Holdings (Kaya Holdings) Headlines

From GuruFocus