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Big Cheese Studio (WAR:BCS) Return-on-Tangible-Equity : 57.95% (As of Mar. 2024)


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What is Big Cheese Studio 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. Big Cheese Studio's annualized net income for the quarter that ended in Mar. 2024 was zł12.90 Mil. Big Cheese Studio's average shareholder tangible equity for the quarter that ended in Mar. 2024 was zł22.25 Mil. Therefore, Big Cheese Studio's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 57.95%.

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

WAR:BCS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.32   Med: 92.15   Max: 145.35
Current: 15.32

During the past 6 years, Big Cheese Studio's highest Return-on-Tangible-Equity was 145.35%. The lowest was 15.32%. And the median was 92.15%.

WAR:BCS's Return-on-Tangible-Equity is ranked better than
70.51% of 495 companies
in the Interactive Media industry
Industry Median: 3.55 vs WAR:BCS: 15.32

Big Cheese Studio Return-on-Tangible-Equity Historical Data

The historical data trend for Big Cheese Studio'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.

Big Cheese Studio Return-on-Tangible-Equity Chart

Big Cheese Studio Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial - 145.35 103.20 81.09 66.38

Big Cheese Studio Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 34.72 24.61 10.02 -3.18 57.95

Competitive Comparison of Big Cheese Studio's Return-on-Tangible-Equity

For the Electronic Gaming & Multimedia subindustry, Big Cheese Studio'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.


Big Cheese Studio's Return-on-Tangible-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Big Cheese Studio's Return-on-Tangible-Equity distribution charts can be found below:

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



Big Cheese Studio Return-on-Tangible-Equity Calculation

Big Cheese Studio's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=16.736/( (20.857+29.571 )/ 2 )
=16.736/25.214
=66.38 %

Big Cheese Studio'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: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=12.896/( (20.899+23.605)/ 2 )
=12.896/22.252
=57.95 %

* 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.


Big Cheese Studio  (WAR:BCS) 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.


Big Cheese Studio Return-on-Tangible-Equity Related Terms

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


Big Cheese Studio (WAR:BCS) Business Description

Traded in Other Exchanges
N/A
Address
Lakowa 7A, Building D, 206, Lodz, POL, 90-562
Big Cheese Studio SA is engaged in the production of cooking simulator games. Some of its games include Cooking Simulator Cakes and Cookies, Cooking Simulator Chaos Tools, Cooking Simulator Pizza, and Pizza Empire, among others.

Big Cheese Studio (WAR:BCS) Headlines

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