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. Caleres's annualized net income for the quarter that ended in Jan. 2024 was $223 Mil. Caleres's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $332 Mil. Therefore, Caleres's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was 67.19%.
The historical rank and industry rank for Caleres's Return-on-Tangible-Equity or its related term are showing as below:
CAL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1319.71 Med: 19.53 Max: 534.78
Current: 63.04
During the past 13 years, Caleres's highest Return-on-Tangible-Equity was 534.78%. The lowest was -1,319.71%. And the median was 19.53%.
CAL's Return-on-Tangible-Equity is ranked better than 90.56% of 1049
companies
in the Retail - Cyclical industry
Industry Median: 7.57
vs CAL: 63.04
Caleres Return-on-Tangible-Equity Historical Data
The historical data trend for Caleres'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 Caleres's Return-on-Tangible-Equity
For the Apparel Retail subindustry, Caleres'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.
Caleres's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Caleres's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Caleres's Return-on-Tangible-Equity falls into.
Caleres Return-on-Tangible-Equity Calculation
Caleres's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as
* 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.
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.
Caleres Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Caleres's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Caleres Inc is a footwear retailer in the United States. The Company's business are organized into two reportable segments are famous Footwear and Brand Portfolio. The famous Footwear segment is comprised of famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a carefully cultivated portfolio of top brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear to online retailers, national chains, department stores, mass merchandisers and independent retailers, as well as Company owned famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses.
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