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. Yatra Online's annualized net income for the quarter that ended in Dec. 2023 was $-1.37 Mil. Yatra Online's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $58.58 Mil. Therefore, Yatra Online's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -2.34%.
The historical rank and industry rank for Yatra Online's Return-on-Tangible-Equity or its related term are showing as below:
YTRA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3799.76 Med: -153.46 Max: -0.26
Current: -16.67
During the past 10 years, Yatra Online's highest Return-on-Tangible-Equity was -0.26%. The lowest was -3,799.76%. And the median was -153.46%.
YTRA's Return-on-Tangible-Equity is ranked worse than 89.89% of 752
companies
in the Travel & Leisure industry
Industry Median: 8.505
vs YTRA: -16.67
Yatra Online Return-on-Tangible-Equity Historical Data
The historical data trend for Yatra Online'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.
Competitive Comparison of Yatra Online's Return-on-Tangible-Equity
For the Travel Services subindustry, Yatra Online'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.
Yatra Online's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Yatra Online's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Yatra Online's Return-on-Tangible-Equity falls into.
* 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.
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.
Yatra Online Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Yatra Online's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Yatra Online Inc is an Indian consumer travel platform provider and online travel agent. The company is organized into the following business segments; Air Ticketing, Hotels and Packages, and Others. It mainly provides travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services. It also involves hosting advertisements on its internet websites, the sale of rail and bus tickets, and facilitating website access to travel insurance companies. Some of its applications include Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay.
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