Lauritz.com Group A/S (OSTO:LAUR) Return-on-Tangible-Equity : 0.00% (As of Mar. 2023)

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What is Lauritz.com Group A/S 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. Lauritz.com Group A/S's annualized net income for the quarter that ended in Mar. 2023 was kr-19.1 Mil. Lauritz.com Group A/S's average shareholder tangible equity for the quarter that ended in Mar. 2023 was kr-145.6 Mil. Therefore, Lauritz.com Group A/S's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was N/A%.

The historical rank and industry rank for Lauritz.com Group A/S's Return-on-Tangible-Equity or its related term are showing as below:

OSTO:LAUR's Return-on-Tangible-Equity is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 7.13
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Lauritz.com Group A/S Return-on-Tangible-Equity Historical Data

The historical data trend for Lauritz.com Group A/S'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.

Lauritz.com Group A/S Return-on-Tangible-Equity Chart

Lauritz.com Group A/S Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Return-on-Tangible-Equity

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Negative Tangible Equity

Lauritz.com Group A/S Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-	Negative Tangible Equity	-	Negative Tangible Equity	-

Competitive Comparison of Lauritz.com Group A/S's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Lauritz.com Group A/S'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.

Lauritz.com Group A/S's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lauritz.com Group A/S's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Lauritz.com Group A/S's Return-on-Tangible-Equity falls into.

Lauritz.com Group A/S Return-on-Tangible-Equity Calculation

Lauritz.com Group A/S's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	2.079	/	( (-121.532	+	-128.556 )	/ 2 )
	=	2.079	/	-125.044
	=	Negative Tangible Equity %

Lauritz.com Group A/S's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-19.144	/	( (-128.556	+	-162.714)	/ 2 )
	=	-19.144	/	-145.635
	=	N/A %

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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Lauritz.com Group A/S (OSTO:LAUR) 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.

Lauritz.com Group A/S Return-on-Tangible-Equity Related Terms

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Lauritz.com Group A/S (OSTO:LAUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lauritz.com Group A/S (OSTO:LAUR) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dynamovej 11C, Soborg, DNK, 2860

Website

https://www.lauritz.com

Lauritz.com Group A/S provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.