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Perception Capital II (Perception Capital II) Return-on-Tangible-Equity : -67.33% (As of Jun. 2023)


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What is Perception Capital II 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. Perception Capital II's annualized net income for the quarter that ended in Jun. 2023 was $-5.50 Mil. Perception Capital II's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $8.16 Mil. Therefore, Perception Capital II's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -67.33%.

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

PCCT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.81   Med: -0.81   Max: -0.14
Current: -4.81

During the past 2 years, Perception Capital II's highest Return-on-Tangible-Equity was -0.14%. The lowest was -4.81%. And the median was -0.81%.

PCCT's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.68 vs PCCT: -4.81

Perception Capital II Return-on-Tangible-Equity Historical Data

The historical data trend for Perception Capital II'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.

Perception Capital II Return-on-Tangible-Equity Chart

Perception Capital II Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Equity
-0.14 -1.47

Perception Capital II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 - -4.08 -64.86 -67.33

Competitive Comparison of Perception Capital II's Return-on-Tangible-Equity

For the Shell Companies subindustry, Perception Capital II'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.


Perception Capital II's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Perception Capital II's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Perception Capital II's Return-on-Tangible-Equity falls into.



Perception Capital II Return-on-Tangible-Equity Calculation

Perception Capital II'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 )
=-1.764/( (226.254+14.328 )/ 2 )
=-1.764/120.291
=-1.47 %

Perception Capital II's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-5.496/( (10.87+5.455)/ 2 )
=-5.496/8.1625
=-67.33 %

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


Perception Capital II  (NAS:PCCT) 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.


Perception Capital II Return-on-Tangible-Equity Related Terms

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


Perception Capital II (Perception Capital II) Business Description

Traded in Other Exchanges
N/A
Address
315 Lake Street East, Suite 301, Wayzata, MN, USA, 55391
Perception Capital Corp II is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Karrie Willis director C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Marcy Haymaker director, 10 percent owner C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Michael Patrick Williams officer: Co-President C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Sheridan James J. Iii officer: Co-President C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Campbell Corey officer: Chief Financial Officer C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Omer Keilaf director C/O PERCEPTION CAPITAL CORP. II, 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Perception Capital Partners Ii Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Thomas J. Abood director 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Rick Gaenzle director, officer: Chief Executive Officer 1601 BRYAN STREET, SUITE 4141, DALLAS TX 75201