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Sylogist (TSX:SYZ) Return-on-Tangible-Equity : 0.00% (As of Sep. 2024)


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What is Sylogist 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. Sylogist's annualized net income for the quarter that ended in Sep. 2024 was C$-2.48 Mil. Sylogist's average shareholder tangible equity for the quarter that ended in Sep. 2024 was C$-33.86 Mil. Therefore, Sylogist's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was N/A%.

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

During the past 13 years, Sylogist's highest Return-on-Tangible-Equity was 66.11%. The lowest was 0.00%. And the median was 33.25%.

TSX:SYZ's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.755
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sylogist Return-on-Tangible-Equity Historical Data

The historical data trend for Sylogist'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.

Sylogist Return-on-Tangible-Equity Chart

Sylogist Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.11 35.80 5.77 64.89 Negative Tangible Equity

Sylogist Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - -

Competitive Comparison of Sylogist's Return-on-Tangible-Equity

For the Software - Application subindustry, Sylogist'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.


Sylogist's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Sylogist's Return-on-Tangible-Equity distribution charts can be found below:

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



Sylogist Return-on-Tangible-Equity Calculation

Sylogist'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: Sep. 2021 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Sep. 2021 )(A: Dec. 2023 )
=1.1/( (-16.159+-31.265 )/ 2 )
=1.1/-23.712
=Negative Tangible Equity %

Sylogist's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-2.476/( (-34.246+-33.474)/ 2 )
=-2.476/-33.86
=N/A %

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


Sylogist  (TSX:SYZ) 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.


Sylogist Return-on-Tangible-Equity Related Terms

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


Sylogist Business Description

Industry
Traded in Other Exchanges
Address
5 Richard Way South West, Suite 102, Calgary, AB, CAN, T3E 7M8
Sylogist Ltd is a software company that provides software-as-a-service (SaaS) solutions that provides ERP, CRM, fundraising, education administration, and payments solutions to education verticals. , including fund accounting, grant management, and payroll to public service organizations. The company's revenue is divided inti verticals, namely, SylogistMission, SylogistEd, SylogistGov, and SylogistServices. It receives maximum revenue in the form of SaaS subscriptions. Geographically, the company offers its services to the United States of America, Canada, the United Kingdom, and other regions. The majority of the revenue comes from the United States of America.
Executives
Taylor Gray Director
Tracy Edkins Director
Errol Olsen Director
Sujeet Kini Senior Officer
Xavier Shorter Senior Officer
Grant Mclarnon Senior Officer
Craig O'neill Director
William Craig Wood Director
Ian Murray Mckinnon Director
Donna Smiley Senior Officer
David Elder Senior Officer
James Townsend Senior Officer
Lester Fernandes Director
Barry Foster Director
Sylogist Ltd. Issuer

Sylogist Headlines

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