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. SLC Agricola's annualized net income for the quarter that ended in Mar. 2024 was $179 Mil. SLC Agricola's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $972 Mil. Therefore, SLC Agricola's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 18.44%.
The historical rank and industry rank for SLC Agricola's Return-on-Tangible-Equity or its related term are showing as below:
SLCJY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.29 Med: 14.69 Max: 33.66
Current: 11.63
During the past 13 years, SLC Agricola's highest Return-on-Tangible-Equity was 33.66%. The lowest was 1.29%. And the median was 14.69%.
SLCJY's Return-on-Tangible-Equity is ranked better than 62.51% of 1790
companies
in the Consumer Packaged Goods industry
Industry Median: 7.74
vs SLCJY: 11.63
SLC Agricola Return-on-Tangible-Equity Historical Data
The historical data trend for SLC Agricola'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 SLC Agricola's Return-on-Tangible-Equity
For the Farm Products subindustry, SLC Agricola'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.
SLC Agricola's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, SLC Agricola's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SLC Agricola'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 (Mar. 2024) 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.
SLC Agricola Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of SLC Agricola's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
SLC Agricola SA is an agricultural company. Its core business activities include the production and sale of seeds and saplings; the processing and trading of its products, the supply of primary agricultural goods and products; the rendering of inbound logistics, cleaning, drying and storage services as well as rendering services of agricultural machinery and equipment to third parties; the trading, import and export of agricultural products; and processing of sugarcane, ethanol and its byproducts. It operates through two business segments viz. The agricultural production segment comprises the cultivation of primarily cotton, soybean and corn and the Land portfolio segment includes the acquisition and development of land for agriculture. Its products are cotton, corn, soybean, and other.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SLCJY has been successfully added to your 