MITAW (Coliseum Acquisition) Return-on-Tangible-Equity: -13.06% (As of Sep. 2024)

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MITAW Coliseum Acquisition Corp MITAW
25 GF Score
Price $0.07
! 2 Warning Signs
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What is Coliseum Acquisition Return-on-Tangible-Equity?

Coliseum Acquisition MITAW -22.22% 25 Return-on-Tangible-Equity is -13.06% as of Sep. 2024. GuruFocus rates MITAW with a GF Score™ of 25/100. The stock has 2 warning signs investors should review.

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. Coliseum Acquisition's annualized net income for the quarter that ended in Sep. 2024 was $-2.78 Mil. Coliseum Acquisition's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $21.28 Mil. Therefore, Coliseum Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -13.06%.

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

MITAW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.03   Med: 4.43   Max: 5.32
Current: -3.03

During the past 3 years, Coliseum Acquisition's highest Return-on-Tangible-Equity was 5.32%. The lowest was -3.03%. And the median was 4.43%.

MITAW's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.805 vs MITAW: -3.03

Coliseum Acquisition  (NAS:MITAW) 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.


Coliseum Acquisition Return-on-Tangible-Equity Related Terms


Coliseum Acquisition Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Coliseum Acquisition'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.

Coliseum Acquisition Return-on-Tangible-Equity Chart

Coliseum Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
0.00 5.32 3.54

Coliseum Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.23 3.68 -3.42 -6.23 -13.06

MITAW vs HAIAF, PORT, ASCBF: Return-on-Tangible-Equity Comparison

For the Shell Companies subindustry, Coliseum Acquisition'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.


Coliseum Acquisition Return-on-Tangible-Equity vs Diversified Financial Services Industry

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

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


MITAW
25GF Score
Coliseum Acquisition Corp MITAW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Coliseum Acquisition Return-on-Tangible-Equity Calculation

Coliseum Acquisition'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 )
=3.1/( (146.671+28.4 )/ 2 )
=3.1/87.5355
=3.54 %

Coliseum Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-2.78/( (27.723+14.846)/ 2 )
=-2.78/21.2845
=-13.06 %

* 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.

What does a Return-on-Tangible-Equity of -13.06% mean?
Coliseum Acquisition (MITAW) has a Return-on-Tangible-Equity of -13.06% as of Sep. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Coliseum Acquisition and its competitors.
Is Coliseum Acquisition's Return-on-Tangible-Equity too high?
Coliseum Acquisition's current Return-on-Tangible-Equity is -13.06%. Overall, Coliseum Acquisition has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Coliseum Acquisition's Return-on-Tangible-Equity compare to HAIAF and PORT?
Coliseum Acquisition's Return-on-Tangible-Equity of -13.06% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Equity is 1.81. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.81, based on 458 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Coliseum Acquisition and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coliseum Acquisition's current Return-on-Tangible-Equity is -13.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coliseum Acquisition stock overvalued right now?
Coliseum Acquisition (MITAW) has a current Return-on-Tangible-Equity of -13.06%. The current Return-on-Tangible-Equity is -13.06%. Coliseum Acquisition's overall GF Score™ is 25/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Coliseum Acquisition (MITAW), the current Return-on-Tangible-Equity is -13.06% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coliseum Acquisition Business Description

Address 1180 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144
Coliseum Acquisition Corp is a blank check company.
25GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.07
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