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Kadem Sustainable Impact (Kadem Sustainable Impact) Return-on-Tangible-Equity : -1.19% (As of Sep. 2022)


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What is Kadem Sustainable Impact 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. Kadem Sustainable Impact's annualized net income for the quarter that ended in Sep. 2022 was $-1.96 Mil. Kadem Sustainable Impact's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $164.65 Mil. Therefore, Kadem Sustainable Impact's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was -1.19%.

The historical rank and industry rank for Kadem Sustainable Impact's Return-on-Tangible-Equity or its related term are showing as below:

KSICU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.58   Med: 4.75   Max: 4.75
Current: 1.58

During the past 2 years, Kadem Sustainable Impact's highest Return-on-Tangible-Equity was 4.75%. The lowest was 1.58%. And the median was 4.75%.

KSICU's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.67 vs KSICU: 1.58

Kadem Sustainable Impact Return-on-Tangible-Equity Historical Data

The historical data trend for Kadem Sustainable Impact'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.

Kadem Sustainable Impact Return-on-Tangible-Equity Chart

Kadem Sustainable Impact Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- 4.75

Kadem Sustainable Impact Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial 8.09 -2.13 9.82 -0.17 -1.19

Competitive Comparison of Kadem Sustainable Impact's Return-on-Tangible-Equity

For the Shell Companies subindustry, Kadem Sustainable Impact'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.


Kadem Sustainable Impact's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Kadem Sustainable Impact's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kadem Sustainable Impact's Return-on-Tangible-Equity falls into.



Kadem Sustainable Impact Return-on-Tangible-Equity Calculation

Kadem Sustainable Impact's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=3.82/( (0.025+160.96 )/ 2 )
=3.82/80.4925
=4.75 %

Kadem Sustainable Impact's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-1.96/( (164.89+164.4)/ 2 )
=-1.96/164.645
=-1.19 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kadem Sustainable Impact  (NAS:KSICU) 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.


Kadem Sustainable Impact Return-on-Tangible-Equity Related Terms

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Kadem Sustainable Impact (Kadem Sustainable Impact) Business Description

Traded in Other Exchanges
N/A
Address
30 Broad Street, 14th Floor, New York, NY, USA, 10004
Kadem Sustainable Impact Corp is a blank check company.
Executives
Del Giudice Michael J director C/O MILLENNIUM CREDIT MARKETS LLC, ONE ROCKEFELLER PLAZA SUITE 2330, NEW YORK NY 10020
Raymond E Mabus 10 percent owner C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Virginia A Kamsky director C/O KAMSKY ASSOCIATES, INC., 563 PARK AVENUE, NEW YORK NY 10065
Charles Gassenheimer 10 percent owner 712 FIFTH AVE, 9TH FLOOR, NEW YORK NY 10019
Rajan Chudgar officer: President 5722 BELMONT VALLEY COURT, RALEIGH NC 27612
Pin Ni director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Saurin Shah director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Christine Mott director C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Golchehreh Abtahian officer: Chief Financial Officer C/O KADEM SUSTAINABLE IMPACT CORPORATION, 152 WEST 57TH ST, 52ND FLOOR, NEW YORK NY 10019
Kadem Management, Llc 10 percent owner 152 WEST 57TH STREET, 52ND FLOOR, NEW YORK NY 10019