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Immo Genk Zuid (XBRU:GENK) Return-on-Tangible-Equity : 1,180.54% (As of May. 2021)


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What is Immo Genk Zuid 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. Immo Genk Zuid's annualized net income for the quarter that ended in May. 2021 was €2.18 Mil. Immo Genk Zuid's average shareholder tangible equity for the quarter that ended in May. 2021 was €0.19 Mil. Therefore, Immo Genk Zuid's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2021 was 1,180.54%.

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

XBRU:GENK's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 2.94
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Immo Genk Zuid Return-on-Tangible-Equity Historical Data

The historical data trend for Immo Genk Zuid'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.

Immo Genk Zuid Return-on-Tangible-Equity Chart

Immo Genk Zuid Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.33 25.33 12.37 - -0.18

Immo Genk Zuid Semi-Annual Data
May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 May21
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 -37.47 -15.63 14.88 -8.58 1,180.54

Competitive Comparison of Immo Genk Zuid's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Immo Genk Zuid'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.


Immo Genk Zuid's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Immo Genk Zuid's Return-on-Tangible-Equity distribution charts can be found below:

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



Immo Genk Zuid Return-on-Tangible-Equity Calculation

Immo Genk Zuid's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2019 )  (A: Nov. 2018 )(A: Nov. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2019 )  (A: Nov. 2018 )(A: Nov. 2019 )
=-0.013/( (7.18+7.18 )/ 2 )
=-0.013/7.18
=-0.18 %

Immo Genk Zuid's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: May. 2021 )  (Q: May. 2020 )(Q: May. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: May. 2021 )  (Q: May. 2020 )(Q: May. 2021 )
=2.184/( (-0.231+0.601)/ 2 )
=2.184/0.185
=1,180.54 %

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


Immo Genk Zuid  (XBRU:GENK) 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.


Immo Genk Zuid Return-on-Tangible-Equity Related Terms

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Immo Genk Zuid (XBRU:GENK) Business Description

Traded in Other Exchanges
N/A
Address
Avenue du Port 12, Brussels, BEL, 1080
Immo Genk Zuid is engaged in real estate business.