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Kaushalya Logistics (NSE:KLL) Return-on-Tangible-Equity : 26.80% (As of Mar. 2024)


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What is Kaushalya Logistics 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. Kaushalya Logistics's annualized net income for the quarter that ended in Mar. 2024 was ₹91 Mil. Kaushalya Logistics's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹340 Mil. Therefore, Kaushalya Logistics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 26.80%.

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

NSE:KLL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.8   Med: 35.87   Max: 44.74
Current: 26.8

During the past 4 years, Kaushalya Logistics's highest Return-on-Tangible-Equity was 44.74%. The lowest was 26.80%. And the median was 35.87%.

NSE:KLL's Return-on-Tangible-Equity is ranked better than
82.64% of 962 companies
in the Transportation industry
Industry Median: 9.975 vs NSE:KLL: 26.80

Kaushalya Logistics Return-on-Tangible-Equity Historical Data

The historical data trend for Kaushalya Logistics'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.

Kaushalya Logistics Return-on-Tangible-Equity Chart

Kaushalya Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
35.42 36.32 44.74 26.80

Kaushalya Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity 35.42 36.32 44.74 26.80

Competitive Comparison of Kaushalya Logistics's Return-on-Tangible-Equity

For the Integrated Freight & Logistics subindustry, Kaushalya Logistics'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.


Kaushalya Logistics's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kaushalya Logistics's Return-on-Tangible-Equity distribution charts can be found below:

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


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Kaushalya Logistics Return-on-Tangible-Equity Calculation

Kaushalya Logistics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=91.029/( (193.364+485.898 )/ 2 )
=91.029/339.631
=26.80 %

Kaushalya Logistics's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Mar. 2023 )(Q: Mar. 2024 )
=91.029/( (193.364+485.898)/ 2 )
=91.029/339.631
=26.80 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kaushalya Logistics  (NSE:KLL) 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.


Kaushalya Logistics Return-on-Tangible-Equity Related Terms

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Kaushalya Logistics Business Description

Traded in Other Exchanges
N/A
Address
East of Kailash, 19, Community Centre, First and Second Floor, New Delhi, IND, 110065
Kaushalya Logistics Ltd is an integrated Logistics and Clearing and Forwarding (C&F) services provider. The company operates in segments namely Service Income engaged in C&F Agency, Trade of Electronic Appliances engaged in retail trade of various types of home appliances, and real estate. The company is also engaged in the business of Owning, Renting, & Trading of Commercial Properties. The company derives maximum revenue from the Trade of Electronic Appliances.

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