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Arcandor AG (LTS:0DLW) Return-on-Tangible-Equity : 0.00% (As of Sep. 2008)


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What is Arcandor AG 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. Arcandor AG's annualized net income for the quarter that ended in Sep. 2008 was €-739 Mil. Arcandor AG's average shareholder tangible equity for the quarter that ended in Sep. 2008 was €-1,906 Mil. Therefore, Arcandor AG's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 was N/A%.

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

LTS:0DLW's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Arcandor AG Return-on-Tangible-Equity Historical Data

The historical data trend for Arcandor AG'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.

Arcandor AG Return-on-Tangible-Equity Chart

Arcandor AG Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Sep07 Sep08
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - - Negative Tangible Equity -

Arcandor AG Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Sep08
Return-on-Tangible-Equity Get a 7-Day Free Trial 10.65 - - - -

Competitive Comparison of Arcandor AG's Return-on-Tangible-Equity

For the Department Stores subindustry, Arcandor AG'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.


Arcandor AG's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arcandor AG's Return-on-Tangible-Equity distribution charts can be found below:

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



Arcandor AG Return-on-Tangible-Equity Calculation

Arcandor AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2008 )  (A: Sep. 2007 )(A: Sep. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2008 )  (A: Sep. 2007 )(A: Sep. 2008 )
=-739.025/( (-2818.618+-3993.064 )/ 2 )
=-739.025/-3405.841
=N/A %

Arcandor AG's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2008 )  (Q: Dec. 2006 )(Q: Sep. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2008 )  (Q: Dec. 2006 )(Q: Sep. 2008 )
=-739.025/( (180.461+-3993.064)/ 2 )
=-739.025/-1906.3015
=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 one times the annual (Sep. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Arcandor AG  (LTS:0DLW) 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.


Arcandor AG Return-on-Tangible-Equity Related Terms

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Arcandor AG (LTS:0DLW) Business Description

Traded in Other Exchanges
N/A
Address
Arcandor AG, Theodor-althoff-strac E 2, Essen, DEU, 45133
Arcandor AG is in insolvency. Arcandor was a German handels and tourism company, with the divisions Karstadt, mail-order operation (Primondo) and Thomas Cook.

Arcandor AG (LTS:0DLW) Headlines

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