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. Dish TV India's annualized net income for the quarter that ended in Sep. 2024 was $-17.8 Mil. Dish TV India's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $-342.7 Mil. Therefore, Dish TV India's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was N/A%.
The historical rank and industry rank for Dish TV India's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, Dish TV India's highest Return-on-Tangible-Equity was 2,871.92%. The lowest was 0.00%. And the median was 1,447.98%.
LSE:DTVL's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 4.58 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Dish TV India Return-on-Tangible-Equity Historical Data
The historical data trend for Dish TV India'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 Dish TV India's Return-on-Tangible-Equity
For the Entertainment subindustry, Dish TV India'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.
Dish TV India's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Dish TV India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dish TV India's Return-on-Tangible-Equity falls into.
Dish TV India Return-on-Tangible-Equity Calculation
Dish TV India's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 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 (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Dish TV India (LSE:DTVL) 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.
Dish TV India Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Dish TV India's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Dish TV India Ltd provides direct-to-home and teleport services as part of the Indian media conglomerate Zee Group. DishTV generates most of its revenue by selling direct-to-home subscriptions, majority of which are prepaid. DishTV also sells advertising and leases and sells digital signal receiving equipment, such as set-top-boxes and dish antenna. Another source of revenue is from broadcasters paying bandwidth fees to keep content on a prime band. The company generates the vast majority of revenue in India.
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