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Kardan NV (XTAE:KRNV-M) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2024)


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What is Kardan NV 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. Kardan NV's annualized net income for the quarter that ended in Dec. 2024 was ₪237.02 Mil. Kardan NV's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₪-271.54 Mil. Therefore, Kardan NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was Negative Tangible Equity%.

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

XTAE:KRNV-M' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -146.03   Med: -63.68   Max: -30.61
Current: Negative Tangible Equity

During the past 13 years, Kardan NV's highest Return-on-Tangible-Equity was -30.61%. The lowest was -146.03%. And the median was -63.68%.

XTAE:KRNV-M's Return-on-Tangible-Equity is ranked better than
99.94% of 1719 companies
in the Real Estate industry
Industry Median: 3.46 vs XTAE:KRNV-M: Negative Tangible Equity

Kardan NV Return-on-Tangible-Equity Historical Data

The historical data trend for Kardan NV'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.

Kardan NV Return-on-Tangible-Equity Chart

Kardan NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - Negative Tangible Equity - Negative Tangible Equity

Kardan NV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 - - Negative Tangible Equity - Negative Tangible Equity

Competitive Comparison of Kardan NV's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Kardan NV'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.


Kardan NV's Return-on-Tangible-Equity Distribution in the Real Estate Industry

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

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


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Kardan NV Return-on-Tangible-Equity Calculation

Kardan NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=237.018/( (-403.067+-140.013 )/ 2 )
=237.018/-271.54
=Negative Tangible Equity %

Kardan NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=237.018/( (-403.067+-140.013)/ 2 )
=237.018/-271.54
=Negative Tangible Equity %

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


Kardan NV  (XTAE:KRNV-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.


Kardan NV Return-on-Tangible-Equity Related Terms

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


Kardan NV Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kingsfordweg 151, Amsterdam, NH, NLD, 1043
Kardan NV is an investment company. The company through its subsidiaries is engaged in the development of real estate. Real estate includes the development of residential apartments, mixed-use projects, and combination shopping centers with residential and small office apartments. The company reports in the following segments: Real estate development, and Real Estate Investment property. The Real Estate Investment Property segment derives its key revenue and includes the results of the operation of the Galleria Dalian shopping mall; the Real-Estate Development segment includes the results of the residential development of the Europark Dalian project and others. The company's activity is geographically concentrated since it operates only within China.

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