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Mumias Sugar Co (NAI:MSC) Return-on-Tangible-Equity : 0.00% (As of Jun. 2018)


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What is Mumias Sugar Co 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. Mumias Sugar Co's annualized net income for the quarter that ended in Jun. 2018 was KES-15,141 Mil. Mumias Sugar Co's average shareholder tangible equity for the quarter that ended in Jun. 2018 was KES-6,878 Mil. Therefore, Mumias Sugar Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 was N/A%.

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

NAI:MSC's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.065
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Mumias Sugar Co Return-on-Tangible-Equity Historical Data

The historical data trend for Mumias Sugar Co'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.

Mumias Sugar Co Return-on-Tangible-Equity Chart

Mumias Sugar Co Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.98 -56.48 -71.04 -167.94 -

Mumias Sugar Co Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.98 -56.48 -71.04 -167.94 -

Competitive Comparison of Mumias Sugar Co's Return-on-Tangible-Equity

For the Confectioners subindustry, Mumias Sugar Co'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.


Mumias Sugar Co's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mumias Sugar Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mumias Sugar Co's Return-on-Tangible-Equity falls into.



Mumias Sugar Co Return-on-Tangible-Equity Calculation

Mumias Sugar Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=-15141.253/( (636.933+-14392.529 )/ 2 )
=-15141.253/-6877.798
=N/A %

Mumias Sugar Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2018 )  (Q: Jun. 2017 )(Q: Jun. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2018 )  (Q: Jun. 2017 )(Q: Jun. 2018 )
=-15141.253/( (636.933+-14392.529)/ 2 )
=-15141.253/-6877.798
=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 (Jun. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Mumias Sugar Co  (NAI:MSC) 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.


Mumias Sugar Co Return-on-Tangible-Equity Related Terms

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


Mumias Sugar Co Business Description

Traded in Other Exchanges
N/A
Address
Kakamega-Bungoma Road, P. O Box Private Bag, Kakamega County, Mumias, KEN
Mumias Sugar Co Ltd is engaged in the production and sale of sugar, ethanol, water. The company is also engaged in the generation and sale of electricity, and also sells bottled drinking water. Its segments include Sugar; Energy; Ethanol and Water in which Sugar segment generates most of the revenue.