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Ceiba Investments (LSE:CBA) Return-on-Tangible-Equity : 10.16% (As of Jun. 2024)


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What is Ceiba Investments 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. Ceiba Investments's annualized net income for the quarter that ended in Jun. 2024 was £13.02 Mil. Ceiba Investments's average shareholder tangible equity for the quarter that ended in Jun. 2024 was £128.17 Mil. Therefore, Ceiba Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 10.16%.

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

LSE:CBA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.34   Med: -4.4   Max: 9.56
Current: 9.56

During the past 7 years, Ceiba Investments's highest Return-on-Tangible-Equity was 9.56%. The lowest was -16.34%. And the median was -4.40%.

LSE:CBA's Return-on-Tangible-Equity is ranked better than
53.35% of 1642 companies
in the Asset Management industry
Industry Median: 8.77 vs LSE:CBA: 9.56

Ceiba Investments Return-on-Tangible-Equity Historical Data

The historical data trend for Ceiba Investments'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.

Ceiba Investments Return-on-Tangible-Equity Chart

Ceiba Investments Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 3.61 -9.75 -16.34 -9.89 9.25

Ceiba Investments Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.48 -18.87 9.74 8.93 10.16

Competitive Comparison of Ceiba Investments's Return-on-Tangible-Equity

For the Asset Management subindustry, Ceiba Investments'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.


Ceiba Investments's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ceiba Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ceiba Investments's Return-on-Tangible-Equity falls into.


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Ceiba Investments Return-on-Tangible-Equity Calculation

Ceiba Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=11.185/( (116.647+125.231 )/ 2 )
=11.185/120.939
=9.25 %

Ceiba Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=13.02/( (125.231+131.106)/ 2 )
=13.02/128.1685
=10.16 %

* 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 two times the semi-annual (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ceiba Investments  (LSE:CBA) 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.


Ceiba Investments Return-on-Tangible-Equity Related Terms

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


Ceiba Investments Business Description

Traded in Other Exchanges
N/A
Address
Les Echelons Court, Les Echelons, St Peter Port, GGY, GY1 1AR
Ceiba Investments Ltd is a closed-ended investment company. Its investment objective is to provide a regular and attractive level of income return together with the potential for long-term income and capital growth from investing in Cuban real estate and other assets directly related to Cuba. The group has three reportable segments, Tourism/Leisure, which has interests in hotel investments in Cuba, and operations of a travel agency that provides services to international clients for travel to Cuba; Commercial property Activities, in which the group's interests are in commercial real estate investments in Cuba; and Other.

Ceiba Investments Headlines