What is Radius Recycling 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. Radius Recycling's annualized net income for the quarter that ended in Feb. 2025 was $-132 Mil. Radius Recycling's average shareholder tangible equity for the quarter that ended in Feb. 2025 was $522 Mil. Therefore, Radius Recycling's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2025 was -25.26%.
The historical rank and industry rank for Radius Recycling's Return-on-Tangible-Equity or its related term are showing as below:
RDUS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.89 Med: 5.14 Max: 36.6
Current: -50.89
During the past 13 years, Radius Recycling's highest Return-on-Tangible-Equity was 36.60%. The lowest was -50.89%. And the median was 5.14%.
RDUS's Return-on-Tangible-Equity is ranked worse than 96.45% of 619
companies
in the Steel industry
Industry Median: 4.56
vs RDUS: -50.89
Radius Recycling Return-on-Tangible-Equity Historical Data
The historical data trend for Radius Recycling'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.
Competitive Comparison of Radius Recycling's Return-on-Tangible-Equity
For the Steel subindustry, Radius Recycling'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.
Radius Recycling's Return-on-Tangible-Equity Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Radius Recycling's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Radius Recycling's Return-on-Tangible-Equity falls into.
* 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 (Feb. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Radius Recycling Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Radius Recycling's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Radius Recycling Inc is a North American Based company which is involved in recycling of ferrous and nonferrous metal, including end-of-life vehicles, and a manufacturer of finished steel products. As a vertically integrated organization, it offers products and services to meet world-wide demand through the network that includes fifty retail self-service auto parts stores, fifty four metals recycling facilities, and an electric arc furnace steel mill.
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