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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. Lionheart Acquisition II's annualized net income for the quarter that ended in Dec. 2021 was $10.04 Mil. Lionheart Acquisition II's average shareholder tangible equity for the quarter that ended in Dec. 2021 was $210.52 Mil. Therefore, Lionheart Acquisition II's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was 4.77%.
The historical rank and industry rank for Lionheart Acquisition II's Return-on-Tangible-Equity or its related term are showing as below:
The historical data trend for Lionheart Acquisition II'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.
Lionheart Acquisition II Annual Data | |||||||
Trend | Dec19 | Dec20 | Dec21 | ||||
Return-on-Tangible-Equity | - | -1.98 | 1.53 |
Lionheart Acquisition II Quarterly Data | ||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | -2.98 | 8.80 | -8.86 | 1.39 | 4.77 |
For the Shell Companies subindustry, Lionheart Acquisition II'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.
For the Diversified Financial Services industry and Financial Services sector, Lionheart Acquisition II's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lionheart Acquisition II's Return-on-Tangible-Equity falls into.
Lionheart Acquisition II'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 ) | |||||
= | 3.207 | / | ( (208.569 | + | 211.775 ) | / 2 ) | |
= | 3.207 | / | 210.172 | ||||
= | 1.53 % |
Lionheart Acquisition II's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Dec. 2021 ) | (Q: Sep. 2021 ) | (Q: Dec. 2021 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Dec. 2021 ) | (Q: Sep. 2021 ) | (Q: Dec. 2021 ) | |||||
= | 10.04 | / | ( (209.265 | + | 211.775) | / 2 ) | |
= | 10.04 | / | 210.52 | ||||
= | 4.77 % |
* 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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Lionheart Acquisition II (NAS:LCAP) 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.
Thank you for viewing the detailed overview of Lionheart Acquisition II's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Cala Faquiry Diaz | officer: Chief Operating Officer | 4218 NE 2ND AVENUE, MIAMI FL 33137 |
Thomas W Hawkins | director | GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526 |
Lionheart Equities, Llc | 10 percent owner | C/O LIONHEART CAPITAL, LLC, 4218 NE 2ND AVENUE, MIAMI FL 33137 |
Ophir Sternberg | director, 10 percent owner, officer: CEO and President | C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210 |
Trevor Barran | director, officer: Chief Operating Officer | 4310 NE 2ND AVENUE, APT 1, MIAMI FL 33137 |
Thomas Clyde Byrne | director | C/O JUST ANOTHER ACQUISITION, CORP., 122 EAST 42ND STREET, UNIT 2015, NEW YORK NY 10168 |
Aman Kapadia | director | 4218 NE 2ND AVENUE, 2ND FL., MIAMI FL 33137 |
James Stephen Anderson | director | 4218 NE 2ND AVENUE 2ND FLOOR, MIAMI FL 33137 |
Roger Meltzer | director | 80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005 |
Paul Howard Rapisarda | officer: CFO and Secretary | 151 SE 15TH ROAD, APT 1802, MIAMI FL 33129 |
Steven R Berrard | director | BIRMINGHAM STEEL, PO BOX 1208, BIRMINHAM AL 35201 |
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