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Power Machines - ZTL LMZ Electrosila Energomachexp (RTC:IGSTP.PFD) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2021)


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What is Power Machines - ZTL LMZ Electrosila Energomachexp 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. Power Machines - ZTL LMZ Electrosila Energomachexp's annualized net income for the quarter that ended in Dec. 2021 was ₽2,557.33 Mil. Power Machines - ZTL LMZ Electrosila Energomachexp's average shareholder tangible equity for the quarter that ended in Dec. 2021 was ₽-4,796.94 Mil. Therefore, Power Machines - ZTL LMZ Electrosila Energomachexp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was Negative Tangible Equity%.

The historical rank and industry rank for Power Machines - ZTL LMZ Electrosila Energomachexp's Return-on-Tangible-Equity or its related term are showing as below:

RTC:IGSTP.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -145.08   Med: -96.7   Max: 33.03
Current: 33.03

During the past 13 years, Power Machines - ZTL LMZ Electrosila Energomachexp's highest Return-on-Tangible-Equity was 33.03%. The lowest was -145.08%. And the median was -96.70%.

RTC:IGSTP.PFD's Return-on-Tangible-Equity is not ranked
in the Steel industry.
Industry Median: 6.22 vs RTC:IGSTP.PFD: 33.03

Power Machines - ZTL LMZ Electrosila Energomachexp Return-on-Tangible-Equity Historical Data

The historical data trend for Power Machines - ZTL LMZ Electrosila Energomachexp'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.

Power Machines - ZTL LMZ Electrosila Energomachexp Return-on-Tangible-Equity Chart

Power Machines - ZTL LMZ Electrosila Energomachexp Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - Negative Tangible Equity - Negative Tangible Equity

Power Machines - ZTL LMZ Electrosila Energomachexp Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 - - Negative Tangible Equity - Negative Tangible Equity

Competitive Comparison of Power Machines - ZTL LMZ Electrosila Energomachexp's Return-on-Tangible-Equity

For the Steel subindustry, Power Machines - ZTL LMZ Electrosila Energomachexp'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.


Power Machines - ZTL LMZ Electrosila Energomachexp's Return-on-Tangible-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Power Machines - ZTL LMZ Electrosila Energomachexp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Power Machines - ZTL LMZ Electrosila Energomachexp's Return-on-Tangible-Equity falls into.



Power Machines - ZTL LMZ Electrosila Energomachexp Return-on-Tangible-Equity Calculation

Power Machines - ZTL LMZ Electrosila Energomachexp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=2557.333/( (-6092.058+-3501.83 )/ 2 )
=2557.333/-4796.944
=Negative Tangible Equity %

Power Machines - ZTL LMZ Electrosila Energomachexp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=2557.333/( (-6092.058+-3501.83)/ 2 )
=2557.333/-4796.944
=Negative Tangible Equity %

* 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 one times the annual (Dec. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Power Machines - ZTL LMZ Electrosila Energomachexp  (RTC:IGSTP.PFD) 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.


Power Machines - ZTL LMZ Electrosila Energomachexp Return-on-Tangible-Equity Related Terms

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Power Machines - ZTL LMZ Electrosila Energomachexp (RTC:IGSTP.PFD) Business Description

Traded in Other Exchanges
Address
Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

Power Machines - ZTL LMZ Electrosila Energomachexp (RTC:IGSTP.PFD) Headlines

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