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Yaari Digital Integrated Services (NSE:YAARI) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Yaari Digital Integrated Services 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. Yaari Digital Integrated Services's annualized net income for the quarter that ended in Dec. 2023 was ₹-146.80 Mil. Yaari Digital Integrated Services's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₹-2,209.20 Mil. Therefore, Yaari Digital Integrated Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for Yaari Digital Integrated Services's Return-on-Tangible-Equity or its related term are showing as below:

During the past 13 years, Yaari Digital Integrated Services's highest Return-on-Tangible-Equity was 9.67%. The lowest was -733.25%. And the median was 2.32%.

NSE:YAARI's Return-on-Tangible-Equity is not ranked *
in the Credit Services industry.
Industry Median: 7.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Yaari Digital Integrated Services Return-on-Tangible-Equity Historical Data

The historical data trend for Yaari Digital Integrated Services'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.

Yaari Digital Integrated Services Return-on-Tangible-Equity Chart

Yaari Digital Integrated Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.67 -38.93 -34.17 -733.25 Negative Tangible Equity

Yaari Digital Integrated Services Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity - - - -

Competitive Comparison of Yaari Digital Integrated Services's Return-on-Tangible-Equity

For the Credit Services subindustry, Yaari Digital Integrated Services'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.


Yaari Digital Integrated Services's Return-on-Tangible-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yaari Digital Integrated Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Yaari Digital Integrated Services's Return-on-Tangible-Equity falls into.



Yaari Digital Integrated Services Return-on-Tangible-Equity Calculation

Yaari Digital Integrated Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=948.5/( (-2949.3+-2230.5 )/ 2 )
=948.5/-2589.9
=Negative Tangible Equity %

Yaari Digital Integrated Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-146.8/( (-2209.2+0)/ 1 )
=-146.8/-2209.2
=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 four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Yaari Digital Integrated Services  (NSE:YAARI) 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.


Yaari Digital Integrated Services Return-on-Tangible-Equity Related Terms

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Yaari Digital Integrated Services (NSE:YAARI) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Tower - 1, 4th Floor, One International Center, Elphinstone West, Mumbai, MH, IND, 400013
Yaari Digital Integrated Services Ltd is engaged in the businesses of a real estate project advisory, construction and development of real estate projects and advisory services, aviation services, maintenance and management services, equipment hiring services, and all other related activities. The Group operates solely in one Geographic segment which is India.

Yaari Digital Integrated Services (NSE:YAARI) Headlines

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