GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Omnichannel Acquisition Corp (NYSE:OCA.WS) » Definitions » Return-on-Tangible-Equity

Omnichannel Acquisition (Omnichannel Acquisition) Return-on-Tangible-Equity : 13.42% (As of Mar. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Omnichannel Acquisition 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. Omnichannel Acquisition's annualized net income for the quarter that ended in Mar. 2022 was $25.42 Mil. Omnichannel Acquisition's average shareholder tangible equity for the quarter that ended in Mar. 2022 was $189.34 Mil. Therefore, Omnichannel Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was 13.42%.

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

OCA.WS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.37   Med: 3.79   Max: 3.79
Current: 3.37

During the past 2 years, Omnichannel Acquisition's highest Return-on-Tangible-Equity was 3.79%. The lowest was 3.37%. And the median was 3.79%.

OCA.WS's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.53 vs OCA.WS: 3.37

Omnichannel Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for Omnichannel Acquisition'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.

Omnichannel Acquisition Return-on-Tangible-Equity Chart

Omnichannel Acquisition Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- 3.79

Omnichannel Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Return-on-Tangible-Equity Get a 7-Day Free Trial 15.39 -12.15 4.12 7.81 13.42

Competitive Comparison of Omnichannel Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, Omnichannel Acquisition'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.


Omnichannel Acquisition's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Omnichannel Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

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



Omnichannel Acquisition Return-on-Tangible-Equity Calculation

Omnichannel Acquisition's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=6.93/( (179.231+186.161 )/ 2 )
=6.93/182.696
=3.79 %

Omnichannel Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=25.416/( (186.161+192.515)/ 2 )
=25.416/189.338
=13.42 %

* 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 (Mar. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Omnichannel Acquisition  (NYSE:OCA.WS) 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.


Omnichannel Acquisition Return-on-Tangible-Equity Related Terms

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


Omnichannel Acquisition (Omnichannel Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
First Floor West, 51 John F. Kennedy Parkway, Millburn, NJ, USA, 07078
Omnichannel Acquisition Corp is a blank check company.

Omnichannel Acquisition (Omnichannel Acquisition) Headlines

From GuruFocus

Kin Insurance Continues Rapid Growth Trajectory in Third Quarter 2021

By Business Wire Business Wire 10-20-2021