What is La Rosa 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. La Rosa Holdings's annualized net income for the quarter that ended in Mar. 2024 was $-18.40 Mil. La Rosa Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $-5.30 Mil. Therefore, La Rosa Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.
The historical rank and industry rank for La Rosa Holdings's Return-on-Tangible-Equity or its related term are showing as below:
LRHC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3017.78 Med: 0 Max: 0
Current: -3017.78
LRHC's Return-on-Tangible-Equity is ranked worse than 99.89% of 1756
companies
in the Real Estate industry
Industry Median: 2.835
vs LRHC: -3017.78
La Rosa Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for La Rosa 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.
Competitive Comparison of La Rosa Holdings's Return-on-Tangible-Equity
For the Real Estate Services subindustry, La Rosa 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.
La Rosa Holdings's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, La Rosa Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where La Rosa Holdings's Return-on-Tangible-Equity falls into.
La Rosa Holdings Return-on-Tangible-Equity Calculation
La Rosa Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
La Rosa Holdings (NAS:LRHC) 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.
La Rosa Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of La Rosa Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
La Rosa Holdings (La Rosa Holdings) Business Description
1420 Celebration Boulevard, 2nd Floor, Celebration, FL, USA, 34747
Website
La Rosa Holdings Corp operates primarily in the U.S. residential real estate market. It is a holding company for agent-centric, technology-integrated, cloud-based, multi-service real estate companies. In addition to providing person-to-person residential and commercial real estate brokerage services to the public, it cross-sells ancillary technology-based products and services primarily to the sales agents and the sales agents associated with its franchisees. The company's business is organized based on the services it provides internally to the agents and to the public, which are residential and commercial real estate brokerage, franchising, real estate brokerage education and coaching, and property management.
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