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. Suzuki Motor's annualized net income for the quarter that ended in Mar. 2024 was €1,710 Mil. Suzuki Motor's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €14,854 Mil. Therefore, Suzuki Motor's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 11.51%.
The historical rank and industry rank for Suzuki Motor's Return-on-Tangible-Equity or its related term are showing as below:
STU:SUK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.93 Med: 10.4 Max: 17.88
Current: 11.7
During the past 13 years, Suzuki Motor's highest Return-on-Tangible-Equity was 17.88%. The lowest was 6.93%. And the median was 10.40%.
STU:SUK's Return-on-Tangible-Equity is ranked better than 60.21% of 1244
companies
in the Vehicles & Parts industry
Industry Median: 8.715
vs STU:SUK: 11.70
Suzuki Motor Return-on-Tangible-Equity Historical Data
The historical data trend for Suzuki Motor'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 Suzuki Motor's Return-on-Tangible-Equity
For the Auto Manufacturers subindustry, Suzuki Motor'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.
Suzuki Motor's Return-on-Tangible-Equity Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Suzuki Motor's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Suzuki Motor's Return-on-Tangible-Equity falls into.
Suzuki Motor Return-on-Tangible-Equity Calculation
Suzuki Motor's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Suzuki Motor (STU:SUK) 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.
Suzuki Motor Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Suzuki Motor's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Suzuki Motor Corp is an automobile manufacturing company. It organizes itself into three segments based on product type namely: automobile, motorcycle, and Marine business. The automotive business, which contributes the vast majority of revenue, largely focuses on passenger vehicles. The motorcycle business manufactures on- and off-road motorcycles and scooters, and contributes the next-largest portion of sales. The Marine business manufactures four-stroke motors for marine use. Nearly half of consolidated revenue is derived from Asian countries excluding Japan, with a third of sales made domestically.
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