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Kistos Holdings (LSE:KIST) Return-on-Tangible-Equity : -137.41% (As of Dec. 2023)


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What is Kistos 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. Kistos Holdings's annualized net income for the quarter that ended in Dec. 2023 was £-65.1 Mil. Kistos Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £47.4 Mil. Therefore, Kistos Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -137.41%.

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

LSE:KIST' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.49   Med: -3.6   Max: 32.3
Current: -36.62

During the past 3 years, Kistos Holdings's highest Return-on-Tangible-Equity was 32.30%. The lowest was -39.49%. And the median was -3.60%.

LSE:KIST's Return-on-Tangible-Equity is ranked worse than
89.77% of 997 companies
in the Oil & Gas industry
Industry Median: 8.09 vs LSE:KIST: -36.62

Kistos Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Kistos 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.

Kistos Holdings Return-on-Tangible-Equity Chart

Kistos Holdings Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- 32.30 -39.49

Kistos Holdings Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity 81.47 -48.39 30.63 -137.41

Competitive Comparison of Kistos Holdings's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Kistos 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.


Kistos Holdings's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kistos Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Kistos Holdings Return-on-Tangible-Equity Calculation

Kistos Holdings'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 )
=-21.263/( (79.838+27.849 )/ 2 )
=-21.263/53.8435
=-39.49 %

Kistos Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-65.082/( (66.878+27.849)/ 2 )
=-65.082/47.3635
=-137.41 %

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


Kistos Holdings  (LSE:KIST) 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.


Kistos Holdings Return-on-Tangible-Equity Related Terms

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


Kistos Holdings (LSE:KIST) Business Description

Industry
Traded in Other Exchanges
Address
3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU
Kistos Holdings PLC is a closed-ended investment company. The objective of the company is to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its segment includes Netherlands and UK. The company generates maximum revenue from the Netherlands segment. ? Netherlands segment comprising the production and sale of gas and other hydrocarbons from the Q10-A field, and the costs associated with exploration, appraisal and development of other Dutch licences.

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