What is Life Insurance Nepal 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. Life Insurance Nepal's annualized net income for the quarter that ended in Oct. 2024 was NPR315 Mil. Life Insurance Nepal's average shareholder tangible equity for the quarter that ended in Oct. 2024 was NPR6,285 Mil. Therefore, Life Insurance Nepal's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2024 was 5.02%.
The historical rank and industry rank for Life Insurance Nepal's Return-on-Tangible-Equity or its related term are showing as below:
XNEP:LICN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.06 Med: 27.58 Max: 353.7
Current: 3.06
During the past 13 years, Life Insurance Nepal's highest Return-on-Tangible-Equity was 353.70%. The lowest was 3.06%. And the median was 27.58%.
XNEP:LICN's Return-on-Tangible-Equity is ranked worse than 83.95% of 486
companies
in the Insurance industry
Industry Median: 12.695
vs XNEP:LICN: 3.06
Life Insurance Nepal Return-on-Tangible-Equity Historical Data
The historical data trend for Life Insurance Nepal'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.
Life Insurance Nepal Return-on-Tangible-Equity Chart
Competitive Comparison of Life Insurance Nepal's Return-on-Tangible-Equity
For the Insurance - Life subindustry, Life Insurance Nepal'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.
Life Insurance Nepal's Return-on-Tangible-Equity Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Life Insurance Nepal's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Life Insurance Nepal'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 four times the quarterly (Oct. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Life Insurance Nepal (XNEP:LICN) 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.
Life Insurance Nepal Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Life Insurance Nepal's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.
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