What is Lotus Bakeries NV 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. Lotus Bakeries NV's annualized net income for the quarter that ended in Dec. 2023 was €140 Mil. Lotus Bakeries NV's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €251 Mil. Therefore, Lotus Bakeries NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 55.75%.
The historical rank and industry rank for Lotus Bakeries NV's Return-on-Tangible-Equity or its related term are showing as below:
XBRU:LOTB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 53.23 Med: 94.43 Max: 2031.3
Current: 55.17
During the past 13 years, Lotus Bakeries NV's highest Return-on-Tangible-Equity was 2,031.30%. The lowest was 53.23%. And the median was 94.43%.
XBRU:LOTB's Return-on-Tangible-Equity is ranked better than 92.63% of 1790
companies
in the Consumer Packaged Goods industry
Industry Median: 7.74
vs XBRU:LOTB: 55.17
Lotus Bakeries NV Return-on-Tangible-Equity Historical Data
The historical data trend for Lotus Bakeries NV'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.
Competitive Comparison of Lotus Bakeries NV's Return-on-Tangible-Equity
For the Packaged Foods subindustry, Lotus Bakeries NV'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.
Lotus Bakeries NV's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Lotus Bakeries NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lotus Bakeries NV's Return-on-Tangible-Equity falls into.
* 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 (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Lotus Bakeries NV Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Lotus Bakeries NV's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Lotus Bakeries NV (XBRU:LOTB) Business Description
Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.
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