GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jack In The Box Inc (NAS:JACK) » Definitions » Return-on-Tangible-Equity

Jack In The Box (Jack In The Box) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jan. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Jack In The Box 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. Jack In The Box's annualized net income for the quarter that ended in Jan. 2024 was $155 Mil. Jack In The Box's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $-1,338 Mil. Therefore, Jack In The Box's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was Negative Tangible Equity%.

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

JACK' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 44.49   Med: 44.49   Max: 44.49
Current: Negative Tangible Equity

During the past 13 years, Jack In The Box's highest Return-on-Tangible-Equity was 44.49%. The lowest was 44.49%. And the median was 44.49%.

JACK's Return-on-Tangible-Equity is ranked better than
99.68% of 315 companies
in the Restaurants industry
Industry Median: 11.32 vs JACK: Negative Tangible Equity

Jack In The Box Return-on-Tangible-Equity Historical Data

The historical data trend for Jack In The Box'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.

Jack In The Box Return-on-Tangible-Equity Chart

Jack In The Box Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Jack In The Box Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jan24
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Jack In The Box's Return-on-Tangible-Equity

For the Restaurants subindustry, Jack In The Box'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.


Jack In The Box's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jack In The Box's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jack In The Box's Return-on-Tangible-Equity falls into.



Jack In The Box Return-on-Tangible-Equity Calculation

Jack In The Box's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=130.826/( (-1398.837+-1343.143 )/ 2 )
=130.826/-1370.99
=Negative Tangible Equity %

Jack In The Box's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Sep. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Sep. 2023 )(Q: Jan. 2024 )
=154.732/( (-1343.143+-1332.491)/ 2 )
=154.732/-1337.817
=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 four times the quarterly (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Jack In The Box  (NAS:JACK) 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.


Jack In The Box Return-on-Tangible-Equity Related Terms

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


Jack In The Box (Jack In The Box) Business Description

Traded in Other Exchanges
Address
9357 Spectrum Center Boulevard, San Diego, CA, USA, 92123
Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants in California, the USA under the brands Jack in the Box. The company menu offers burgers, tacos, regular and curly fries, specialty sandwiches, salads and ice cream shakes. These foods are available with the option of customization as per customer requirements. The company also offer catering and delivery services to its customers. Jack in the Box and Del Taco restaurant brands are the two operating segments, out of which Jack in the box generates maximum revenue.
Executives
Darin S Harris director, officer: Director & CEO C/O JACK IN THE BOX INC. 9330 BALBOA AVE, SAN DIEGO CA 92123
Steven Piano officer: SVP, Chief People Officer 1550 UTICA AVENUE SOUTH, SUITE 100, MINNEAPOLIS MN 55416
Ryan Lee Ostrom officer: EVP, Chief Marketing Officer 300 SIXTH AVENUE, PITTSBURGH PA 15222
Sarah L Super officer: SVP - CHF LEGAL & RISK OFFICER C/O JACK IN THE BOX INC. 9330 BALBOA AVE, SAN DIEGO CA 92123
Dean C Gordon officer: SVP - CHF SUPPLY CHAIN OFFICER C/O JACK IN THE BOX INC, 9330 BALBOA AVE, SAN DIEGO CA 92123
Richard D Cook officer: SVP, Chief Technology Officer C/O JACK IN THE BOX INC., 9357 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Timothy T Linderman officer: SVP Chf Fran&Corp Dev Officer C/O JACK IN THE BOX INC., 9357 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Tony J Darden officer: SVP, Chief Operating Officer C/O JACK IN THE BOX INC., 9357 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Dawn E Hooper officer: SVP Controller / Interim PFO C/O JACK IN THE BOX INC., 9357 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Brian M. Scott officer: EVP, Chief Financial Officer 12400 HIGH BLUFF DRIVE, SUITE 100, SAN DIEGO CA 92130
Chad Gretzema officer: DEL TACO BRAND PRESIDENT 25521 COMMERCENTRE DRIVE, SUITE 200, LAKE FOREST CA 92630
Michael W Murphy director C/O JACK IN THE BOX, 9330 BALBOA AVE, SAN DIEGO CA 92123
Timothy E Mullany officer: EVP, CHIEF FINANCIAL OFFICER 3551 PLANO PARKWAY, THE COLONY TX 75056
Guillermo Jr Diaz director C/O JACK IN THE BOX INC, 9357 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Madeleine Kleiner director C/O NORTHROP GRUMMAN CORPORATION, 2980 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042