GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Landscape Acquisition Holdings Ltd (LSE:DLGI) » Definitions » Return-on-Tangible-Equity

Landscape Acquisition Holdings (LSE:DLGI) Return-on-Tangible-Equity : -0.60% (As of Oct. 2019)


View and export this data going back to 2017. Start your Free Trial

What is Landscape Acquisition 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. Landscape Acquisition Holdings's annualized net income for the quarter that ended in Oct. 2019 was $-2.97 Mil. Landscape Acquisition Holdings's average shareholder tangible equity for the quarter that ended in Oct. 2019 was $494.91 Mil. Therefore, Landscape Acquisition Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2019 was -0.60%.

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

LSE:DLGI's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.67
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Landscape Acquisition Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Landscape Acquisition 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.

* Premium members only.

Landscape Acquisition Holdings Return-on-Tangible-Equity Chart

Landscape Acquisition Holdings Annual Data
Trend Oct18 Oct19
Return-on-Tangible-Equity
-0.03 0.81

Landscape Acquisition Holdings Semi-Annual Data
Apr18 Oct18 Apr19 Oct19
Return-on-Tangible-Equity -23.38 23.29 2.22 -0.60

Competitive Comparison of Landscape Acquisition Holdings's Return-on-Tangible-Equity

For the Shell Companies subindustry, Landscape Acquisition 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.


Landscape Acquisition Holdings's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Landscape Acquisition Holdings's Return-on-Tangible-Equity falls into.



Landscape Acquisition Holdings Return-on-Tangible-Equity Calculation

Landscape Acquisition Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2019 )  (A: Oct. 2018 )(A: Oct. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2019 )  (A: Oct. 2018 )(A: Oct. 2019 )
=3.997/( (490.387+494.384 )/ 2 )
=3.997/492.3855
=0.81 %

Landscape Acquisition Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2019 )  (Q: Apr. 2019 )(Q: Oct. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2019 )  (Q: Apr. 2019 )(Q: Oct. 2019 )
=-2.97/( (495.441+494.384)/ 2 )
=-2.97/494.9125
=-0.60 %

* 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 (Oct. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Landscape Acquisition Holdings  (LSE:DLGI) 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.


Landscape Acquisition Holdings Return-on-Tangible-Equity Related Terms

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


Landscape Acquisition Holdings (LSE:DLGI) Business Description

Traded in Other Exchanges
N/A
Address
Wickhams Cay II, Road Town, Ritter House, Tortola, VGB, VG1110
Digital Landscape Group Inc is a special purpose acquisition company. The company is engaged to undertake an acquisition in the form of a merger, capital stock exchange, asset acquisition, and stock purchase, a scheme of arrangement, reorganization, and a similar business combination of a target company.

Landscape Acquisition Holdings (LSE:DLGI) Headlines

No Headlines