Live Oak Acquisition II (Live Oak Acquisition II) Return-on-Tangible-Equity : 0.00% (As of Aug. 2020)

View and export this data going back to 2021. Start your Free Trial

What is Live Oak Acquisition II 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. Live Oak Acquisition II's annualized net income for the quarter that ended in Aug. 2020 was $ Mil. Live Oak Acquisition II's average shareholder tangible equity for the quarter that ended in Aug. 2020 was $ Mil. Therefore, Live Oak Acquisition II's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2020 was %.

The historical rank and industry rank for Live Oak Acquisition II's Return-on-Tangible-Equity or its related term are showing as below:

LOKB's Return-on-Tangible-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Live Oak Acquisition II Return-on-Tangible-Equity Historical Data

The historical data trend for Live Oak 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.

* Premium members only.

Live Oak Acquisition II Return-on-Tangible-Equity Chart

Live Oak Acquisition II Annual Data

Trend

Dec20

Return-on-Tangible-Equity

Live Oak Acquisition II Semi-Annual Data
	Aug20
Return-on-Tangible-Equity	-

Competitive Comparison of Live Oak Acquisition II's Return-on-Tangible-Equity

For the Shell Companies subindustry, Live Oak 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.

Live Oak Acquisition II's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Live Oak Acquisition II's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Live Oak Acquisition II's Return-on-Tangible-Equity falls into.

Live Oak Acquisition II Return-on-Tangible-Equity Calculation

Live Oak Acquisition II'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Live Oak Acquisition II's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2020 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Aug. 2020 )		(Q: . 20 )		(Q: Aug. 2020 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Aug. 2020 )		(Q: . 20 )		(Q: Aug. 2020 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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 one times the annual (Aug. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Live Oak Acquisition II (NYSE:LOKB) 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.

Live Oak Acquisition II Return-on-Tangible-Equity Related Terms

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