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AXA Mansard Insurance (NSA:MANSARD) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is AXA Mansard Insurance 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. AXA Mansard Insurance's annualized net income for the quarter that ended in . 20 was ₦ Mil. AXA Mansard Insurance's average shareholder tangible equity for the quarter that ended in . 20 was ₦ Mil. Therefore, AXA Mansard Insurance's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

NSA:MANSARD's Return-on-Tangible-Equity is not ranked *
in the Insurance industry.
Industry Median: 12.3
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

AXA Mansard Insurance Return-on-Tangible-Equity Historical Data

The historical data trend for AXA Mansard Insurance'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.

AXA Mansard Insurance Return-on-Tangible-Equity Chart

AXA Mansard Insurance Annual Data
Trend
Return-on-Tangible-Equity

AXA Mansard Insurance Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of AXA Mansard Insurance's Return-on-Tangible-Equity

For the Insurance - Diversified subindustry, AXA Mansard Insurance'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.


AXA Mansard Insurance's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AXA Mansard Insurance's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where AXA Mansard Insurance's Return-on-Tangible-Equity falls into.



AXA Mansard Insurance Return-on-Tangible-Equity Calculation

AXA Mansard Insurance's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

AXA Mansard Insurance's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


AXA Mansard Insurance  (NSA:MANSARD) 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.


AXA Mansard Insurance Return-on-Tangible-Equity Related Terms

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AXA Mansard Insurance (NSA:MANSARD) Business Description

Traded in Other Exchanges
N/A
Address
Santa Clara Court, Plot 1412, Ahmadu, Bello Way, Victoria Island, Lagos, NGA
AXA Mansard Insurance PLC is an insurance and asset management company. The company offers life and non-life insurance products and services to individuals and institutions across Nigeria. It also offers asset/investment management services, medical insurance solutions and pension fund administration.

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