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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. Hamilton Beach Brands Holding Co's annualized net income for the quarter that ended in Dec. 2023 was $78.3 Mil. Hamilton Beach Brands Holding Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $130.0 Mil. Therefore, Hamilton Beach Brands Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 60.22%.
The historical rank and industry rank for Hamilton Beach Brands Holding Co's Return-on-Tangible-Equity or its related term are showing as below:
During the past 9 years, Hamilton Beach Brands Holding Co's highest Return-on-Tangible-Equity was 93.61%. The lowest was -37.05%. And the median was 31.28%.
The historical data trend for Hamilton Beach Brands Holding Co'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.
Hamilton Beach Brands Holding Co Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | -37.05 | 93.61 | 25.62 | 23.94 | 19.68 |
Hamilton Beach Brands Holding Co 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 | 25.02 | -16.80 | 0.40 | 35.82 | 60.22 |
For the Furnishings, Fixtures & Appliances subindustry, Hamilton Beach Brands Holding Co'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.
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hamilton Beach Brands Holding Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hamilton Beach Brands Holding Co's Return-on-Tangible-Equity falls into.
Hamilton Beach Brands Holding Co'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 ) | |||||
= | 25.242 | / | ( (116.789 | + | 139.722 ) | / 2 ) | |
= | 25.242 | / | 128.2555 | ||||
= | 19.68 % |
Hamilton Beach Brands Holding Co'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 ) | |||||
= | 78.276 | / | ( (120.225 | + | 139.722) | / 2 ) | |
= | 78.276 | / | 129.9735 | ||||
= | 60.22 % |
* 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.
Hamilton Beach Brands Holding Co (NYSE:HBB) 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.
Thank you for viewing the detailed overview of Hamilton Beach Brands Holding Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sarah M Cunningham | officer: Sr. VP Chief Financial Officer | 14519 AUGUSTA LANE, ASHLAND X1 23005 |
Gregory H Trepp | officer: President and CEO | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Paul Dwinelle Furlow | director | 4421 WATERFRONT DR, GLEN ALLEN VA 23060 |
Linda Jean Woermer | director, officer: PFO | 4421 WATERFRONT DR., GLEN ALLEN VA 33705 |
Workman Lawrence Kenneth Jr | officer: SVP, GC and Secretary | 4421 WATERFRONT DR., GLEN ALLEN VA 23060 |
Butler John C Jr | director, other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Helen Rankin Butler | other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Chloe O Rankin | other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Claiborne R Rankin | other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
David B Williams | director | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Clara R Williams | other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Roger F Rankin | director, other: Member of a Group | C/O NACCO INDUSTRIES INC, 5875 LANDERBROOK DRIVE, MAYFIELD HEIGHTS OH 44124 |
Rankin Alfred M Et Al | director, officer: Executive Chairman | 5875 LANDERBROOK DR, MAYFIELD HEIGHTS OH 44124 |
Rankin Corbin | other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
Alison A Rankin | other: Member of a Group | 5875 LANDERBROOK DRIVE, SUITE 300, MAYFIELD HEIGHTS OH 44124 |
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