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Kolmar Korea Co (XKRX:161890) Return-on-Tangible-Equity : 51.73% (As of Mar. 2024)


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What is Kolmar Korea Co 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. Kolmar Korea Co's annualized net income for the quarter that ended in Mar. 2024 was ₩25,313 Mil. Kolmar Korea Co's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₩48,929 Mil. Therefore, Kolmar Korea Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 51.73%.

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

XKRX:161890' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 19.83   Med: 23.81   Max: 24.29
Current: Negative Tangible Equity

During the past 11 years, Kolmar Korea Co's highest Return-on-Tangible-Equity was 24.29%. The lowest was 19.83%. And the median was 23.81%.

XKRX:161890's Return-on-Tangible-Equity is ranked better than
99.94% of 1795 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs XKRX:161890: Negative Tangible Equity

Kolmar Korea Co Return-on-Tangible-Equity Historical Data

The historical data trend for Kolmar Korea Co'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.

Kolmar Korea Co Return-on-Tangible-Equity Chart

Kolmar Korea Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity - Negative Tangible Equity

Kolmar Korea Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity - 51.73

Competitive Comparison of Kolmar Korea Co's Return-on-Tangible-Equity

For the Household & Personal Products subindustry, Kolmar Korea Co'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.


Kolmar Korea Co's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kolmar Korea Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kolmar Korea Co's Return-on-Tangible-Equity falls into.



Kolmar Korea Co Return-on-Tangible-Equity Calculation

Kolmar Korea Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=5191.815/( (-637710.916+-622378.287 )/ 2 )
=5191.815/-630044.6015
=Negative Tangible Equity %

Kolmar Korea Co'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: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=25313.46/( (-622378.287+720237.154)/ 2 )
=25313.46/48929.4335
=51.73 %

* 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.


Kolmar Korea Co  (XKRX:161890) 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.


Kolmar Korea Co Return-on-Tangible-Equity Related Terms

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


Kolmar Korea Co (XKRX:161890) Business Description

Traded in Other Exchanges
N/A
Address
12-11 Doekgogae-gil, Jeonui-myeon, Sejong, KOR, 30004
Kolmar Korea Co Ltd is a Korea-based company which is mainly engaged in manufacture and sale of cosmetics. It offers various products such as skin care, makeup, hair care, body care and others. The firm is also involved in development and production of pharmaceutical products and quasi-drugs including general medicines, specialized medicines, bioequivalence medicines and others.

Kolmar Korea Co (XKRX:161890) Headlines

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