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1834 Investments (XJAM:1834) Return-on-Tangible-Equity : -4.98% (As of Sep. 2022)


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What is 1834 Investments 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. 1834 Investments's annualized net income for the quarter that ended in Sep. 2022 was JMD-72.54 Mil. 1834 Investments's average shareholder tangible equity for the quarter that ended in Sep. 2022 was JMD1,455.76 Mil. Therefore, 1834 Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was -4.98%.

The historical rank and industry rank for 1834 Investments's Return-on-Tangible-Equity or its related term are showing as below:

XJAM:1834's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 5.225
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

1834 Investments Return-on-Tangible-Equity Historical Data

The historical data trend for 1834 Investments'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.

1834 Investments Return-on-Tangible-Equity Chart

1834 Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.71 0.35 2.77 5.50 0.21

1834 Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -3.45 -5.41 5.32 -7.97 -4.98

Competitive Comparison of 1834 Investments's Return-on-Tangible-Equity

For the Asset Management subindustry, 1834 Investments'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.


1834 Investments's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 1834 Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where 1834 Investments's Return-on-Tangible-Equity falls into.



1834 Investments Return-on-Tangible-Equity Calculation

1834 Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=3.209/( (1510.234+1512.86 )/ 2 )
=3.209/1511.547
=0.21 %

1834 Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-72.544/( (1468.083+1443.436)/ 2 )
=-72.544/1455.7595
=-4.98 %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


1834 Investments  (XJAM:1834) 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.


1834 Investments Return-on-Tangible-Equity Related Terms

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1834 Investments (XJAM:1834) Business Description

Traded in Other Exchanges
N/A
Address
7 North Street, P.O. Box 40, Kingston, JAM
1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.

1834 Investments (XJAM:1834) Headlines

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