GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsara Luggage Inc (OTCPK:SAML) » Definitions » Return-on-Tangible-Equity

Samsara Luggage (Samsara Luggage) Return-on-Tangible-Equity : -208.44% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Samsara Luggage 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. Samsara Luggage's annualized net income for the quarter that ended in Mar. 2024 was $-4.00 Mil. Samsara Luggage's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $1.92 Mil. Therefore, Samsara Luggage's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -208.44%.

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

SAML's Return-on-Tangible-Equity is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.54
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Samsara Luggage Return-on-Tangible-Equity Historical Data

The historical data trend for Samsara Luggage'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.

Samsara Luggage Return-on-Tangible-Equity Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Samsara Luggage Quarterly Data
Apr19 Jul19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - Negative Tangible Equity - Negative Tangible Equity -208.44

Competitive Comparison of Samsara Luggage's Return-on-Tangible-Equity

For the Footwear & Accessories subindustry, Samsara Luggage'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.


Samsara Luggage's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Return-on-Tangible-Equity distribution charts can be found below:

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



Samsara Luggage Return-on-Tangible-Equity Calculation

Samsara Luggage'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 )
=-0.144/( (-2.136+-2.118 )/ 2 )
=-0.144/-2.127
=N/A %

Samsara Luggage's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-4/( (-2.118+5.956)/ 2 )
=-4/1.919
=-208.44 %

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


Samsara Luggage  (OTCPK:SAML) 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.


Samsara Luggage Return-on-Tangible-Equity Related Terms

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


Samsara Luggage (Samsara Luggage) Business Description

Traded in Other Exchanges
N/A
Address
135 East 57th Street, Suite 18-130, New York, NY, USA, 10022
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
Executives
Atara Dzikowski director, 10 percent owner, officer: Chief Executive Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
David Dahan director, 10 percent owner, officer: Chief Technical Officer YITZCHAK RABIN STREET 16, KIRYAT ONO L3 5551021
Chizkiyahu Lapin director 5 ARIEL STREET, JERUSALEM L3 000000
Avraham Bengio director, 10 percent owner, officer: See Remarks 7 ELIEZRI STREET, JERUSALEUM L3 00000
Israel Chaim Povarksy director, officer: Secretary 17 AGRIPPAS STREET, JERUSALEM L3 00000