GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » One Equity Partners Open Water I Corp (NAS:OEPWU) » Definitions » Return-on-Tangible-Equity

One Equity Partners Open Water I (One Equity Partners Open Water I) Return-on-Tangible-Equity : 1.22% (As of Sep. 2022)


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

What is One Equity Partners Open Water I 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. One Equity Partners Open Water I's annualized net income for the quarter that ended in Sep. 2022 was $4.06 Mil. One Equity Partners Open Water I's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $332.02 Mil. Therefore, One Equity Partners Open Water I's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 1.22%.

The historical rank and industry rank for One Equity Partners Open Water I's Return-on-Tangible-Equity or its related term are showing as below:

OEPWU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.94   Med: 9.08   Max: 9.08
Current: 2.94

During the past 2 years, One Equity Partners Open Water I's highest Return-on-Tangible-Equity was 9.08%. The lowest was 2.94%. And the median was 9.08%.

OEPWU's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.73 vs OEPWU: 2.94

One Equity Partners Open Water I Return-on-Tangible-Equity Historical Data

The historical data trend for One Equity Partners Open Water I'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.

One Equity Partners Open Water I Return-on-Tangible-Equity Chart

One Equity Partners Open Water I Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- 9.08

One Equity Partners Open Water I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial 5.61 0.92 5.02 4.60 1.22

Competitive Comparison of One Equity Partners Open Water I's Return-on-Tangible-Equity

For the Shell Companies subindustry, One Equity Partners Open Water I'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.


One Equity Partners Open Water I's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, One Equity Partners Open Water I's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where One Equity Partners Open Water I's Return-on-Tangible-Equity falls into.



One Equity Partners Open Water I Return-on-Tangible-Equity Calculation

One Equity Partners Open Water I'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 )
=14.697/( (0.019+323.628 )/ 2 )
=14.697/161.8235
=9.08 %

One Equity Partners Open Water I's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=4.056/( (331.51+332.524)/ 2 )
=4.056/332.017
=1.22 %

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


One Equity Partners Open Water I  (NAS:OEPWU) 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.


One Equity Partners Open Water I Return-on-Tangible-Equity Related Terms

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


One Equity Partners Open Water I (One Equity Partners Open Water I) Business Description

Traded in Other Exchanges
N/A
Address
c/o OEP Open Water I Holdings LLC, 510 Madison Avenue, 19th Floor, New York, NY, USA, 10022
One Equity Partners Open Water I Corp is a blank check company.
Executives
Emiko Higashi director C/O GILO VENTURES, 175 ALMENDRAL AVENUE, ATHERTON CA 94027
Richard Todd Bradley director, officer: Chief Executive Officer C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Lori A. Lutey director 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Bradley J Coppens officer: Executive Vice President 4300 44TH STREET SE, GRAND RAPIDS MI 49512
Paul Iv Schorr director
Gregory Belinfanti director 7500 RIALTO BLVD, BLDG TWO, STE 100, AUSTIN TX 78735
James W Koven director 320 PARK AVE, 18TH FL, NEW YORK NY 10022
Neil M Kurtz director 11085 NORTH TORREY PINES ROAD, SUITE 103, LA JOLLA CA 92037
Oep Open Water I Holdings, Llc 10 percent owner 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Rob Sivitilli director C/O ONE EQUITY PARTNERS, 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Jordan Lawrie officer: Vice President C/O ONE EQUITY PARTNERS, 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
David Lippin officer: Executive Vice President C/O ONE EQUITY PARTNERS, 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Jessica Marion officer: Chief Financial Officer C/O ONE EQUITY PARTNERS, 510 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022