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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Kingsway Linked Return Of Capital Trust 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. Kingsway Linked Return Of Capital Trust's annualized net income for the quarter that ended in . 20 was C$ Mil. Kingsway Linked Return Of Capital Trust's average shareholder tangible equity for the quarter that ended in . 20 was C$ Mil. Therefore, Kingsway Linked Return Of Capital Trust's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Kingsway Linked Return Of Capital Trust's Return-on-Tangible-Equity or its related term are showing as below:

TSX:KSP.UN.PFD's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 5.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kingsway Linked Return Of Capital Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Kingsway Linked Return Of Capital Trust'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.

Kingsway Linked Return Of Capital Trust Return-on-Tangible-Equity Chart

Kingsway Linked Return Of Capital Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Equity
Get a 7-Day Free Trial -23.43 -32.69 70.44 6.39 -2.83

Kingsway Linked Return Of Capital Trust Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Kingsway Linked Return Of Capital Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, Kingsway Linked Return Of Capital Trust'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.


Kingsway Linked Return Of Capital Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kingsway Linked Return Of Capital Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kingsway Linked Return Of Capital Trust's Return-on-Tangible-Equity falls into.



Kingsway Linked Return Of Capital Trust Return-on-Tangible-Equity Calculation

Kingsway Linked Return Of Capital Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-1.945/( (69.618+67.673 )/ 2 )
=-1.945/68.6455
=-2.83 %

Kingsway Linked Return Of Capital Trust's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Kingsway Linked Return Of Capital Trust  (TSX:KSP.UN.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.


Kingsway Linked Return Of Capital Trust Return-on-Tangible-Equity Related Terms

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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway Linked Return is an investment trust established in Canada. The Company seeks to provide quarterly fixed cumulative distributions of $0.3125 per LROC Preferred Unit. The Company will use the net proceeds of this offering to subscribe for and purchase all of the limited partnership units of KL Limited Partnership. The Company's activities are managed by Scotia Managed Companies Administration Inc., and overseen by the trustees of the Trust.

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