What is Liberty Kenya 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. Liberty Kenya Holdings's annualized net income for the quarter that ended in Dec. 2023 was KES656 Mil. Liberty Kenya Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was KES7,410 Mil. Therefore, Liberty Kenya Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 8.85%.
The historical rank and industry rank for Liberty Kenya Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NAI:LBTY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.16 Med: 10.3 Max: 25.89
Current: 8.85
During the past 13 years, Liberty Kenya Holdings's highest Return-on-Tangible-Equity was 25.89%. The lowest was 1.16%. And the median was 10.30%.
NAI:LBTY's Return-on-Tangible-Equity is ranked worse than 63.3% of 485
companies
in the Insurance industry
Industry Median: 12.32
vs NAI:LBTY: 8.85
Liberty Kenya Holdings Return-on-Tangible-Equity Historical Data
The historical data trend for Liberty Kenya 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.
Liberty Kenya Holdings Return-on-Tangible-Equity Chart
Competitive Comparison of Liberty Kenya Holdings's Return-on-Tangible-Equity
For the Insurance - Diversified subindustry, Liberty Kenya 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.
Liberty Kenya Holdings's Return-on-Tangible-Equity Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Liberty Kenya Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Liberty Kenya Holdings's Return-on-Tangible-Equity falls into.
Liberty Kenya Holdings Return-on-Tangible-Equity Calculation
Liberty Kenya Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 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 one times the annual (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Liberty Kenya Holdings (NAI:LBTY) 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.
Liberty Kenya Holdings Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Liberty Kenya Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Liberty Kenya Holdings (NAI:LBTY) Business Description
Liberty Kenya Holdings Ltd is an insurance company. It offers long-term insurance products and services to individual and corporate markets. Its products include life insurance, health insurance, and short-term insurance. Its insurance contracts are categorized as long-term and general insurance businesses depending on the duration of risk. Its long-term business includes a life assurance business, superannuation business, industrial life assurance business, and bond investment business. General insurance business includes insurance business of aviation, engineering, fire, liability, marine, motor, personal accident, theft, workmen's compensation and employer's liability insurance, and miscellaneous insurance.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NAI:LBTY has been successfully added to your 