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Sajkaska fabrika secera a.d (XBEL:SJKS) Return-on-Tangible-Equity : -15.94% (As of Dec. 2021)


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What is Sajkaska fabrika secera a.d 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. Sajkaska fabrika secera a.d's annualized net income for the quarter that ended in Dec. 2021 was RSD-186.87 Mil. Sajkaska fabrika secera a.d's average shareholder tangible equity for the quarter that ended in Dec. 2021 was RSD1,172.28 Mil. Therefore, Sajkaska fabrika secera a.d's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was -15.94%.

The historical rank and industry rank for Sajkaska fabrika secera a.d's Return-on-Tangible-Equity or its related term are showing as below:

XBEL:SJKS's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.73
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sajkaska fabrika secera a.d Return-on-Tangible-Equity Historical Data

The historical data trend for Sajkaska fabrika secera a.d'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.

Sajkaska fabrika secera a.d Return-on-Tangible-Equity Chart

Sajkaska fabrika secera a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 -19.66 -23.57 -13.79 -15.94

Sajkaska fabrika secera a.d Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.10 -19.66 -23.57 -13.79 -15.94

Competitive Comparison of Sajkaska fabrika secera a.d's Return-on-Tangible-Equity

For the Confectioners subindustry, Sajkaska fabrika secera a.d'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.


Sajkaska fabrika secera a.d's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sajkaska fabrika secera a.d's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sajkaska fabrika secera a.d's Return-on-Tangible-Equity falls into.



Sajkaska fabrika secera a.d Return-on-Tangible-Equity Calculation

Sajkaska fabrika secera a.d's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-186.867/( (1231.136+1113.416 )/ 2 )
=-186.867/1172.276
=-15.94 %

Sajkaska fabrika secera a.d's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=-186.867/( (1231.136+1113.416)/ 2 )
=-186.867/1172.276
=-15.94 %

* 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 one times the annual (Dec. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sajkaska fabrika secera a.d  (XBEL:SJKS) 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.


Sajkaska fabrika secera a.d Return-on-Tangible-Equity Related Terms

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Sajkaska fabrika secera a.d (XBEL:SJKS) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Curuska Put No. 3, Zabalj, SRB, 21230
Sajkaska fabrika secera a.d is engaged in the business of manufacturing sugar.

Sajkaska fabrika secera a.d (XBEL:SJKS) Headlines

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