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Inmobiliaria Manquehue (XSGO:MANQUEHUE) Return-on-Tangible-Equity : -1.76% (As of Dec. 2023)


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What is Inmobiliaria Manquehue 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. Inmobiliaria Manquehue's annualized net income for the quarter that ended in Dec. 2023 was CLP-2,509 Mil. Inmobiliaria Manquehue's average shareholder tangible equity for the quarter that ended in Dec. 2023 was CLP142,228 Mil. Therefore, Inmobiliaria Manquehue's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -1.76%.

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

XSGO:MANQUEHUE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.14   Med: 2.73   Max: 10.06
Current: 0.57

During the past 13 years, Inmobiliaria Manquehue's highest Return-on-Tangible-Equity was 10.06%. The lowest was -3.14%. And the median was 2.73%.

XSGO:MANQUEHUE's Return-on-Tangible-Equity is ranked worse than
63.36% of 1766 companies
in the Real Estate industry
Industry Median: 3.065 vs XSGO:MANQUEHUE: 0.57

Inmobiliaria Manquehue Return-on-Tangible-Equity Historical Data

The historical data trend for Inmobiliaria Manquehue'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.

Inmobiliaria Manquehue Return-on-Tangible-Equity Chart

Inmobiliaria Manquehue 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 2.43 -3.14 6.93 6.50 2.57

Inmobiliaria Manquehue Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 8.39 1.45 3.85 0.23 -1.76

Competitive Comparison of Inmobiliaria Manquehue's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, Inmobiliaria Manquehue'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.


Inmobiliaria Manquehue's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Inmobiliaria Manquehue's Return-on-Tangible-Equity distribution charts can be found below:

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



Inmobiliaria Manquehue Return-on-Tangible-Equity Calculation

Inmobiliaria Manquehue'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 )
=3597.058/( (138833.235+141378.883 )/ 2 )
=3597.058/140106.059
=2.57 %

Inmobiliaria Manquehue's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-2509.044/( (143076.854+141378.883)/ 2 )
=-2509.044/142227.8685
=-1.76 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Inmobiliaria Manquehue  (XSGO:MANQUEHUE) 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.


Inmobiliaria Manquehue Return-on-Tangible-Equity Related Terms

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Inmobiliaria Manquehue (XSGO:MANQUEHUE) Business Description

Traded in Other Exchanges
N/A
Address
Av. Santa María 6350, Piso 4, Vitacura, Santiago, CHL
Inmobiliaria Manquehue SA is engaged in the real estate development industry.

Inmobiliaria Manquehue (XSGO:MANQUEHUE) Headlines

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