GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Compagnie Internationale de Leasing SA (XTUN:CIL) » Definitions » Return-on-Tangible-Equity

Compagnie Internationale de Leasing (XTUN:CIL) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2015. Start your Free Trial

What is Compagnie Internationale de Leasing 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. Compagnie Internationale de Leasing's annualized net income for the quarter that ended in . 20 was TND Mil. Compagnie Internationale de Leasing's average shareholder tangible equity for the quarter that ended in . 20 was TND Mil. Therefore, Compagnie Internationale de Leasing's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Compagnie Internationale de Leasing's Return-on-Tangible-Equity or its related term are showing as below:

XTUN:CIL's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Compagnie Internationale de Leasing Return-on-Tangible-Equity Historical Data

The historical data trend for Compagnie Internationale de Leasing'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.

Compagnie Internationale de Leasing Return-on-Tangible-Equity Chart

Compagnie Internationale de Leasing Annual Data
Trend
Return-on-Tangible-Equity

Compagnie Internationale de Leasing Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Compagnie Internationale de Leasing's Return-on-Tangible-Equity

For the Rental & Leasing Services subindustry, Compagnie Internationale de Leasing'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.


Compagnie Internationale de Leasing's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Compagnie Internationale de Leasing's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Compagnie Internationale de Leasing's Return-on-Tangible-Equity falls into.



Compagnie Internationale de Leasing Return-on-Tangible-Equity Calculation

Compagnie Internationale de Leasing's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Compagnie Internationale de Leasing's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Compagnie Internationale de Leasing  (XTUN:CIL) 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.


Compagnie Internationale de Leasing Return-on-Tangible-Equity Related Terms

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


Compagnie Internationale de Leasing Business Description

Traded in Other Exchanges
N/A
Address
16 Avenue Jean Jaurès, Tunis, TUN, 1001
Website
Compagnie Internationale de Leasing SA is a leasing company. The Company is engaged in leasing goods for industrial and professional use.

Compagnie Internationale de Leasing Headlines