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Kumari Bank (XNEP:KBL) Return-on-Tangible-Equity : 0.47% (As of Apr. 2024)


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What is Kumari Bank 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. Kumari Bank's annualized net income for the quarter that ended in Apr. 2024 was NPR171 Mil. Kumari Bank's average shareholder tangible equity for the quarter that ended in Apr. 2024 was NPR36,099 Mil. Therefore, Kumari Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2024 was 0.47%.

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

XNEP:KBL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.96   Med: 11.87   Max: 19.4
Current: 0.96

During the past 13 years, Kumari Bank's highest Return-on-Tangible-Equity was 19.40%. The lowest was 0.96%. And the median was 11.87%.

XNEP:KBL's Return-on-Tangible-Equity is ranked worse than
93.31% of 1599 companies
in the Banks industry
Industry Median: 10.45 vs XNEP:KBL: 0.96

Kumari Bank Return-on-Tangible-Equity Historical Data

The historical data trend for Kumari Bank'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.

Kumari Bank Return-on-Tangible-Equity Chart

Kumari Bank Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.35 8.25 11.48 13.52 2.46

Kumari Bank Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2.31 -8.39 4.95 6.70 0.47

Competitive Comparison of Kumari Bank's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Kumari Bank'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.


Kumari Bank's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kumari Bank's Return-on-Tangible-Equity distribution charts can be found below:

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



Kumari Bank Return-on-Tangible-Equity Calculation

Kumari Bank's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=698.023/( (21184.725+35559.258 )/ 2 )
=698.023/28371.9915
=2.46 %

Kumari Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=171.272/( (36122.302+36076.158)/ 2 )
=171.272/36099.23
=0.47 %

* 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 (Apr. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kumari Bank  (XNEP:KBL) 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.


Kumari Bank Return-on-Tangible-Equity Related Terms

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


Kumari Bank Business Description

Traded in Other Exchanges
N/A
Address
Tangal, Kathmandu, NPL
Kumari Bank Ltd provides various banking services in Nepal. It includes agency services, trade finance services, card services, e-commerce products and services, remittances, and bullion trading services with technological banking support services. The company's operating segments include Remittance Services, Digital Banking Business, Treasury Business, and Banking. It generates maximum revenue from the Banking segment.

Kumari Bank Headlines

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