What is Sensient Technologies 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. Sensient Technologies's annualized net income for the quarter that ended in Dec. 2023 was $-23 Mil. Sensient Technologies's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $621 Mil. Therefore, Sensient Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -3.76%.
The historical rank and industry rank for Sensient Technologies's Return-on-Tangible-Equity or its related term are showing as below:
SXT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.6 Med: 21.55 Max: 36.55
Current: 15.51
During the past 13 years, Sensient Technologies's highest Return-on-Tangible-Equity was 36.55%. The lowest was 10.60%. And the median was 21.55%.
SXT's Return-on-Tangible-Equity is ranked better than 80.14% of 1526
companies
in the Chemicals industry
Industry Median: 5.935
vs SXT: 15.51
Sensient Technologies Return-on-Tangible-Equity Historical Data
The historical data trend for Sensient Technologies'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 Sensient Technologies's Return-on-Tangible-Equity
For the Specialty Chemicals subindustry, Sensient Technologies'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.
Sensient Technologies's Return-on-Tangible-Equity Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sensient Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sensient Technologies'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.
Sensient Technologies Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Sensient Technologies's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sensient Technologies (Sensient Technologies) Business Description
Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceutical and personal care industries. The Company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors and others. The company's three reportable segments were the Flavors & Extracts Group and the Color Group and, Asia Pacific Group.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SXT has been successfully added to your 