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Scully Royalty (Scully Royalty) Return-on-Tangible-Equity : 0.56% (As of Jun. 2023)


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What is Scully Royalty 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. Scully Royalty's annualized net income for the quarter that ended in Jun. 2023 was $1.34 Mil. Scully Royalty's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $240.33 Mil. Therefore, Scully Royalty's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 0.56%.

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

SRL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -75.48   Med: -2.58   Max: 33.09
Current: -7.7

During the past 13 years, Scully Royalty's highest Return-on-Tangible-Equity was 33.09%. The lowest was -75.48%. And the median was -2.58%.

SRL's Return-on-Tangible-Equity is ranked worse than
83.7% of 767 companies
in the Capital Markets industry
Industry Median: 5.46 vs SRL: -7.70

Scully Royalty Return-on-Tangible-Equity Historical Data

The historical data trend for Scully Royalty'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.

Scully Royalty Return-on-Tangible-Equity Chart

Scully Royalty Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.09 -5.07 0.10 2.08 -6.56

Scully Royalty Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 5.50 -1.17 2.17 -15.58 0.56

Competitive Comparison of Scully Royalty's Return-on-Tangible-Equity

For the Capital Markets subindustry, Scully Royalty'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.


Scully Royalty's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Scully Royalty's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Scully Royalty's Return-on-Tangible-Equity falls into.



Scully Royalty Return-on-Tangible-Equity Calculation

Scully Royalty's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-17.223/( (285.625+239.351 )/ 2 )
=-17.223/262.488
=-6.56 %

Scully Royalty's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=1.34/( (239.351+241.307)/ 2 )
=1.34/240.329
=0.56 %

* 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 two times the semi-annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Scully Royalty  (NYSE:SRL) 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.


Scully Royalty Return-on-Tangible-Equity Related Terms

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


Scully Royalty (Scully Royalty) Business Description

Traded in Other Exchanges
Address
2299 Yan An Road West, Room 2103 Shanghai Mart Tower, Changning District, Shanghai, CHN, 200336
Scully Royalty Ltd is a royalty-based company that maximizes earnings upon its iron ore royalty interest. The company's business segments include Royalty, which includes an interest in an iron ore mine; Industrial, which includes projects in resources and services; Merchant Banking, which comprises regulated merchant banking activities. The majority of the revenue is generated from the Royalty segment. The company's geographical segments include Canada, Africa, America, Asia, and Europe, out of which Canada accounts for the majority of the revenue.
Executives
Stefan Feuerstein director BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000