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Harland & Wolff Group Holdings (LSE:HARL) Return-on-Tangible-Equity : 0.00% (As of Jun. 2023)


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What is Harland & Wolff Group 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. Harland & Wolff Group Holdings's annualized net income for the quarter that ended in Jun. 2023 was £-63.01 Mil. Harland & Wolff Group Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2023 was £-76.65 Mil. Therefore, Harland & Wolff Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.

The historical rank and industry rank for Harland & Wolff Group Holdings's Return-on-Tangible-Equity or its related term are showing as below:

During the past 13 years, Harland & Wolff Group Holdings's highest Return-on-Tangible-Equity was 7.00%. The lowest was -317.82%. And the median was -117.02%.

LSE:HARL's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Harland & Wolff Group Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Harland & Wolff Group 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.

Harland & Wolff Group Holdings Return-on-Tangible-Equity Chart

Harland & Wolff Group Holdings Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -133.70 -317.82 - -249.31 -

Harland & Wolff Group Holdings Semi-Annual Data
Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -176.90 -158.94 -672.50 - -

Competitive Comparison of Harland & Wolff Group Holdings's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, Harland & Wolff Group 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.


Harland & Wolff Group Holdings's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Harland & Wolff Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Harland & Wolff Group Holdings's Return-on-Tangible-Equity falls into.



Harland & Wolff Group Holdings Return-on-Tangible-Equity Calculation

Harland & Wolff Group Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Jul. 2020 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Jul. 2020 )(A: Dec. 2022 )
=-70.357/( (9.497+-60.85 )/ 2 )
=-70.357/-25.6765
=N/A %

Harland & Wolff Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=-63.008/( (-60.85+-92.452)/ 2 )
=-63.008/-76.651
=N/A %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Harland & Wolff Group Holdings  (LSE:HARL) 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.


Harland & Wolff Group Holdings Return-on-Tangible-Equity Related Terms

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Harland & Wolff Group Holdings (LSE:HARL) Business Description

Traded in Other Exchanges
Address
2 Swan Lane, Fieldfisher Riverbank House, London, GBR, EC4R 3TT
Harland & Wolff Group Holdings PLC is a multisite fabrication company, operating in the maritime and offshore industry through markets such as commercial, cruise and ferry, and renewables and six services namely technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion. The Comapny is organised into 6 segments: Cruise & Ferry, Commercial, Energy, Defence, Renewables and other being Head Office related. The Company generates revenue from multiple streams including shipbuilding, engineering (e.g. fabrication of wind turbines) and ship repairs and maintenance.

Harland & Wolff Group Holdings (LSE:HARL) Headlines