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Monivent AB (XSAT:MONI) Return-on-Tangible-Equity : -453.00% (As of Sep. 2024)


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What is Monivent AB 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. Monivent AB's annualized net income for the quarter that ended in Sep. 2024 was kr-9.62 Mil. Monivent AB's average shareholder tangible equity for the quarter that ended in Sep. 2024 was kr2.12 Mil. Therefore, Monivent AB's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -453.00%.

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

XSAT:MONI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -383.04   Med: -98.75   Max: -72.08
Current: -383.04

During the past 7 years, Monivent AB's highest Return-on-Tangible-Equity was -72.08%. The lowest was -383.04%. And the median was -98.75%.

XSAT:MONI's Return-on-Tangible-Equity is ranked worse than
96.04% of 757 companies
in the Medical Devices & Instruments industry
Industry Median: 2.12 vs XSAT:MONI: -383.04

Monivent AB Return-on-Tangible-Equity Historical Data

The historical data trend for Monivent AB'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.

Monivent AB Return-on-Tangible-Equity Chart

Monivent AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial - -98.81 -72.08 -98.68 -191.10

Monivent AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -213.87 -525.39 -364.99 -249.96 -453.00

Competitive Comparison of Monivent AB's Return-on-Tangible-Equity

For the Medical Devices subindustry, Monivent AB'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.


Monivent AB's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Monivent AB's Return-on-Tangible-Equity distribution charts can be found below:

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



Monivent AB Return-on-Tangible-Equity Calculation

Monivent AB'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 )
=-14.178/( (14.043+0.795 )/ 2 )
=-14.178/7.419
=-191.10 %

Monivent AB's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-9.624/( (3.242+1.007)/ 2 )
=-9.624/2.1245
=-453.00 %

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


Monivent AB  (XSAT:MONI) 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.


Monivent AB Return-on-Tangible-Equity Related Terms

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


Monivent AB Business Description

Traded in Other Exchanges
N/A
Address
Regnbagsgatan 8B, Gothenburg, SWE, SE-417 55
Monivent AB is a medtech company focused on improving the care given to newborn babies in need of respiratory support at birth. The company has developed a patented solution that provides continuous feedback on the volumes of air given to the newborn during manual ventilation. The airflow is measured directly in the face mask and feedback on the ventilation parameters is displayed numerically and graphically in real-time on the external monitor. The company's product is Monivent Neo100.