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Internet Gold-Golden Lines (XTAE:IGLD-M) Return-on-Tangible-Equity : 0.00% (As of Jun. 2023)


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What is Internet Gold-Golden Lines 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. Internet Gold-Golden Lines's annualized net income for the quarter that ended in Jun. 2023 was ₪0 Mil. Internet Gold-Golden Lines's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ₪6 Mil. Therefore, Internet Gold-Golden Lines's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 0.00%.

The historical rank and industry rank for Internet Gold-Golden Lines's Return-on-Tangible-Equity or its related term are showing as below:

XTAE:IGLD-M's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.375
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Internet Gold-Golden Lines Return-on-Tangible-Equity Historical Data

The historical data trend for Internet Gold-Golden Lines'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.

Internet Gold-Golden Lines Return-on-Tangible-Equity Chart

Internet Gold-Golden Lines Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - - - -

Internet Gold-Golden Lines Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun22 Jun23
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 - - - - -

Competitive Comparison of Internet Gold-Golden Lines's Return-on-Tangible-Equity

For the Telecom Services subindustry, Internet Gold-Golden Lines'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.


Internet Gold-Golden Lines's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Gold-Golden Lines's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Internet Gold-Golden Lines's Return-on-Tangible-Equity falls into.



Internet Gold-Golden Lines Return-on-Tangible-Equity Calculation

Internet Gold-Golden Lines's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-50/( (-4740+-471 )/ 2 )
=-50/-2605.5
=N/A %

Internet Gold-Golden Lines's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=0/( (0+6.248)/ 1 )
=0/6.248
=0.00 %

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


Internet Gold-Golden Lines  (XTAE:IGLD-M) 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.


Internet Gold-Golden Lines Return-on-Tangible-Equity Related Terms

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


Internet Gold-Golden Lines (XTAE:IGLD-M) Business Description

Traded in Other Exchanges
N/A
Address
2 Dov Friedman Street, Ramat Gan, ISR, 5250301
Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.

Internet Gold-Golden Lines (XTAE:IGLD-M) Headlines

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