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Oaktree Capital Group LLC (Oaktree Capital Group LLC) Return-on-Tangible-Equity : -2.95% (As of Sep. 2019)


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What is Oaktree Capital Group LLC 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. Oaktree Capital Group LLC's annualized net income for the quarter that ended in Sep. 2019 was $-39 Mil. Oaktree Capital Group LLC's average shareholder tangible equity for the quarter that ended in Sep. 2019 was $1,332 Mil. Therefore, Oaktree Capital Group LLC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 was -2.95%.

The historical rank and industry rank for Oaktree Capital Group LLC's Return-on-Tangible-Equity or its related term are showing as below:

OAK's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 4.59
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Oaktree Capital Group LLC Return-on-Tangible-Equity Historical Data

The historical data trend for Oaktree Capital Group LLC'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.

Oaktree Capital Group LLC Return-on-Tangible-Equity Chart

Oaktree Capital Group LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.74 11.14 25.29 27.64 19.73

Oaktree Capital Group LLC Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 18.37 24.08 15.50 14.10 -2.95

Competitive Comparison of Oaktree Capital Group LLC's Return-on-Tangible-Equity

For the Asset Management subindustry, Oaktree Capital Group LLC'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.


Oaktree Capital Group LLC's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oaktree Capital Group LLC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Oaktree Capital Group LLC's Return-on-Tangible-Equity falls into.



Oaktree Capital Group LLC Return-on-Tangible-Equity Calculation

Oaktree Capital Group LLC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=223.418/( (868.984+1395.363 )/ 2 )
=223.418/1132.1735
=19.73 %

Oaktree Capital Group LLC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=-39.276/( (1400.924+1263.974)/ 2 )
=-39.276/1332.449
=-2.95 %

* 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 (Sep. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Oaktree Capital Group LLC  (NYSE:OAK) 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.


Oaktree Capital Group LLC Return-on-Tangible-Equity Related Terms

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


Oaktree Capital Group LLC (Oaktree Capital Group LLC) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.
Executives
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Justin B. Beber director C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY ST., STE. 300, TORONTO A6 M5J 2T3
Bruce Flatt director C/O BROOKFIELD ASSET MANAGEMENT INC., 181 BAY STREET, P.O. BOX 762, TORONTO A6 M5J2T3
Bruce A Karsh director, officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Daniel D Levin officer: See Remarks 333 S. GRAND AVENUE, 28 TH FLOOR, LOS ANGELES CA 90071
Larry W Keele director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Wayne G Pierson director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Todd E Molz officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Howard S Marks director, officer: Co-Chairman C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Sheldon M Stone director, officer: Principal C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
David Richard Masson director 333 S GRAND AVENUE 28TH FL, LOS ANGELES CA 90071
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071
John Frank director, officer: Vice Chairman C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Jay S Wintrob director, officer: Chief Executive Officer 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Marna C Whittington director 2959 BARLEY MILL ROAD, YORKLYN DE 19736

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