One World Universe (One World Universe) Return-on-Tangible-Equity : 28.67% (As of Sep. 2023)

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What is One World Universe 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 World Universe's annualized net income for the quarter that ended in Sep. 2023 was $0.72 Mil. One World Universe's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $2.50 Mil. Therefore, One World Universe's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 28.67%.

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

OWUV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 28.67
Current: 28.67

During the past 0 years, One World Universe's highest Return-on-Tangible-Equity was 28.67%. The lowest was 0.00%. And the median was 0.00%.

OWUV's Return-on-Tangible-Equity is ranked better than
90.3% of 2918 companies
in the Industrial Products industry
Industry Median: 7.56 vs OWUV: 28.67

One World Universe Return-on-Tangible-Equity Historical Data

The historical data trend for One World Universe'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 World Universe Return-on-Tangible-Equity Chart

One World Universe Annual Data

Trend

Return-on-Tangible-Equity

One World Universe Semi-Annual Data
	Sep22	Sep23
Return-on-Tangible-Equity	-	28.67

Competitive Comparison of One World Universe's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, One World Universe'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 World Universe's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, One World Universe's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where One World Universe's Return-on-Tangible-Equity falls into.

One World Universe Return-on-Tangible-Equity Calculation

One World Universe's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

One World Universe's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	0.717	/	( (0	+	2.501)	/ 1 )
	=	0.717	/	2.501
	=	28.67 %

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 one times the annual (Sep. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

One World Universe (OTCPK:OWUV) 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 World Universe Return-on-Tangible-Equity Related Terms

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