Logan Clay Products Co (Logan Clay Products Co) Return-on-Tangible-Equity : 0.00% (As of . 20)

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

What is Logan Clay Products Co 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. Logan Clay Products Co's annualized net income for the quarter that ended in . 20 was $ Mil. Logan Clay Products Co's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Logan Clay Products Co's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Logan Clay Products Co's Return-on-Tangible-Equity or its related term are showing as below:

LGNC's Return-on-Tangible-Equity is not ranked ^*
in the Construction industry.
Industry Median: 7.85
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Logan Clay Products Co Return-on-Tangible-Equity Historical Data

The historical data trend for Logan Clay Products Co'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.

Logan Clay Products Co Return-on-Tangible-Equity Chart

Logan Clay Products Co Annual Data

Trend

Return-on-Tangible-Equity

Logan Clay Products Co Quarterly Data

Return-on-Tangible-Equity

Competitive Comparison of Logan Clay Products Co's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, Logan Clay Products Co'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.

Logan Clay Products Co's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Logan Clay Products Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Logan Clay Products Co's Return-on-Tangible-Equity falls into.

Logan Clay Products Co Return-on-Tangible-Equity Calculation

Logan Clay Products Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Logan Clay Products Co's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

Logan Clay Products Co (OTCPK:LGNC) 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.

Logan Clay Products Co Return-on-Tangible-Equity Related Terms

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

Logan Clay Products Co (Logan Clay Products Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Logan Clay Products Co (OTCPK:LGNC) » Definitions » Return-on-Tangible-Equity

Traded in Other Exchanges

N/A

Address

201 S. Walnut Street, P.O. Box 698, Logan, OH, USA, 43138

Website

http://www.loganclaypipe.com

Logan Clay Products Co manufactures vitrified clay pipe for sanitary sewers, clay flue liners for masonry chimneys and clay walls coping. It also produces hardwood pallets and related products.

Logan Clay Products Co (Logan Clay Products Co) Headlines

No Headlines