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XMReality AB (OSTO:XMR) Return-on-Tangible-Equity : 0.00% (As of Jun. 2024)


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What is XMReality 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. XMReality AB's annualized net income for the quarter that ended in Jun. 2024 was kr-32.42 Mil. XMReality AB's average shareholder tangible equity for the quarter that ended in Jun. 2024 was kr-23.35 Mil. Therefore, XMReality AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was N/A%.

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

OSTO:XMR's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.715
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

XMReality AB Return-on-Tangible-Equity Historical Data

The historical data trend for XMReality 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.

XMReality AB Return-on-Tangible-Equity Chart

XMReality AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.41 -318.96 -145.58 -147.34 -3,630.74

XMReality AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,732.90 - - - -

Competitive Comparison of XMReality AB's Return-on-Tangible-Equity

For the Software - Application subindustry, XMReality 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.


XMReality AB's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, XMReality AB's Return-on-Tangible-Equity distribution charts can be found below:

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



XMReality AB Return-on-Tangible-Equity Calculation

XMReality AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-31.297/( (15.002+-13.278 )/ 2 )
=-31.297/0.862
=-3,630.74 %

XMReality AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-32.424/( (-18.847+-27.858)/ 2 )
=-32.424/-23.3525
=N/A %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


XMReality AB  (OSTO:XMR) 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.


XMReality AB Return-on-Tangible-Equity Related Terms

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


XMReality AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Granden Duvan 3, Linkoping, SWE, 582 22
XMReality AB provides remote guidance solutions. The company provides solutions for field service to the industrial segment. Its solutions include user setups, main functionalities, and hardware to field service, aftermarket service, and service providers. Its solutions are used in industries such as energy, manufactured goods, oil, and gas. The sales comprise of a mix of hardware and software subscriptions, out of which software subscriptions account for the highest portion of the revenue.

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