What is Transtema Group AB 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. Transtema Group AB's annualized net income for the quarter that ended in Mar. 2024 was kr-55 Mil. Transtema Group AB's average shareholder tangible equity for the quarter that ended in Mar. 2024 was kr-162 Mil. Therefore, Transtema Group AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.
The historical rank and industry rank for Transtema Group AB's Return-on-Tangible-Equity or its related term are showing as below:
OSTO:TRANS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -124.08 Med: 70.58 Max: 125.98
Current: Negative Tangible Equity
During the past 9 years, Transtema Group AB's highest Return-on-Tangible-Equity was 125.98%. The lowest was -124.08%. And the median was 70.58%.
OSTO:TRANS's Return-on-Tangible-Equity is ranked better than 99.7% of 336
companies
in the Telecommunication Services industry
Industry Median: 13.415
vs OSTO:TRANS: Negative Tangible Equity
Transtema Group AB Return-on-Tangible-Equity Historical Data
The historical data trend for Transtema Group AB'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.
Transtema Group AB Return-on-Tangible-Equity Chart
Competitive Comparison of Transtema Group AB's Return-on-Tangible-Equity
For the Telecom Services subindustry, Transtema Group AB'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.
Transtema Group AB's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Transtema Group AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Transtema Group AB's Return-on-Tangible-Equity falls into.
Transtema Group AB Return-on-Tangible-Equity Calculation
Transtema Group AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Transtema Group AB (OSTO:TRANS) 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.
Transtema Group AB Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Transtema Group AB's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Transtema Group AB (OSTO:TRANS) Business Description
Transtema Group AB delivers network and communication solutions. The company offers design, construction, operation and maintenance of communication networks as well as technical consulting services to telecom operators, city networks, municipalities, power companies and larger companies. The company is active in the entire value chain, from planning, design and construction, to operation and maintenance. The company is also a reseller of network equipment.
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