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The Kingfish Co NV (OSL:KING) Return-on-Tangible-Equity : -59.51% (As of Dec. 2024)


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What is The Kingfish Co NV 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. The Kingfish Co NV's annualized net income for the quarter that ended in Dec. 2024 was kr-410.5 Mil. The Kingfish Co NV's average shareholder tangible equity for the quarter that ended in Dec. 2024 was kr689.8 Mil. Therefore, The Kingfish Co NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -59.51%.

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

OSL:KING' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.02   Med: -11.99   Max: -2.85
Current: -46.13

During the past 8 years, The Kingfish Co NV's highest Return-on-Tangible-Equity was -2.85%. The lowest was -47.02%. And the median was -11.99%.

OSL:KING's Return-on-Tangible-Equity is ranked worse than
94.68% of 1822 companies
in the Consumer Packaged Goods industry
Industry Median: 8.33 vs OSL:KING: -46.13

The Kingfish Co NV Return-on-Tangible-Equity Historical Data

The historical data trend for The Kingfish Co NV'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.

The Kingfish Co NV Return-on-Tangible-Equity Chart

The Kingfish Co NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial -8.88 -9.43 -10.77 -13.20 -47.02

The Kingfish Co NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -13.35 -10.94 -13.57 -35.16 -59.51

Competitive Comparison of The Kingfish Co NV's Return-on-Tangible-Equity

For the Farm Products subindustry, The Kingfish Co NV'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.


The Kingfish Co NV's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kingfish Co NV's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where The Kingfish Co NV's Return-on-Tangible-Equity falls into.


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The Kingfish Co NV Return-on-Tangible-Equity Calculation

The Kingfish Co NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-361.673/( (944.522+593.812 )/ 2 )
=-361.673/769.167
=-47.02 %

The Kingfish Co NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-410.538/( (785.86+593.812)/ 2 )
=-410.538/689.836
=-59.51 %

* 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 two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


The Kingfish Co NV  (OSL:KING) 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.


The Kingfish Co NV Return-on-Tangible-Equity Related Terms

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


The Kingfish Co NV Business Description

Traded in Other Exchanges
N/A
Address
Oost Zeedijk 13, Kats, NLD, 4485 PM
The Kingfish Co NV is involved in seafood production, utilizing land-based recirculating aquaculture system technology. It produces Yellowtail Kingfish which is their main source of revenue, a versatile seafood species with an active vertically integrated operation in the Netherlands. The company engages in the production and supply of sustainable, safe, and high-quality seafood in its target markets. Its geographic markets are Geographical markets in Western Europe, Southern Europe, and the Rest of the World.

The Kingfish Co NV Headlines

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