GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) » Definitions » Return-on-Tangible-Equity

EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Return-on-Tangible-Equity : -55.83% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is EnBW Energie Baden-Wuerttemberg AG 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. EnBW Energie Baden-Wuerttemberg AG's annualized net income for the quarter that ended in Dec. 2023 was €-3,917 Mil. EnBW Energie Baden-Wuerttemberg AG's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €7,016 Mil. Therefore, EnBW Energie Baden-Wuerttemberg AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -55.83%.

The historical rank and industry rank for EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity or its related term are showing as below:

XTER:EBK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -298.27   Med: 35.09   Max: 310.59
Current: 22.08

During the past 13 years, EnBW Energie Baden-Wuerttemberg AG's highest Return-on-Tangible-Equity was 310.59%. The lowest was -298.27%. And the median was 35.09%.

XTER:EBK's Return-on-Tangible-Equity is ranked better than
77.71% of 507 companies
in the Utilities - Regulated industry
Industry Median: 10.91 vs XTER:EBK: 22.08

EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Historical Data

The historical data trend for EnBW Energie Baden-Wuerttemberg AG'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.

EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Chart

EnBW Energie Baden-Wuerttemberg AG 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 51.91 118.18 44.31 49.83 25.87

EnBW Energie Baden-Wuerttemberg AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 145.62 138.69 12.61 -0.45 -55.83

Competitive Comparison of EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg AG'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.


EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Return-on-Tangible-Equity falls into.



EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Calculation

EnBW Energie Baden-Wuerttemberg AG'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 )
=1537.6/( (5744.8+6142.5 )/ 2 )
=1537.6/5943.65
=25.87 %

EnBW Energie Baden-Wuerttemberg AG'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 )
=-3917.2/( (7889.7+6142.5)/ 2 )
=-3917.2/7016.1
=-55.83 %

* 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.


EnBW Energie Baden-Wuerttemberg AG  (XTER:EBK) 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.


EnBW Energie Baden-Wuerttemberg AG Return-on-Tangible-Equity Related Terms

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


EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Business Description

Traded in Other Exchanges
Address
Durlacher Allee 93, Karlsruhe, BW, DEU, 76131
EnBW Energie Baden-Wuerttemberg AG is a German company which is active in the energy sector. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically it generates majority of revenue from Germany.

EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Headlines