GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cohn Robbins Holdings Corp (OTCPK:CRRCF) » Definitions » Return-on-Tangible-Equity

Cohn Robbins Holdings (Cohn Robbins Holdings) Return-on-Tangible-Equity : 61.19% (As of Sep. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Cohn Robbins Holdings 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. Cohn Robbins Holdings's annualized net income for the quarter that ended in Sep. 2022 was $254.89 Mil. Cohn Robbins Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $416.55 Mil. Therefore, Cohn Robbins Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 61.19%.

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

CRRCF's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Cohn Robbins Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Cohn Robbins Holdings'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.

Cohn Robbins Holdings Return-on-Tangible-Equity Chart

Cohn Robbins Holdings Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Equity
- 4.82

Cohn Robbins Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.22 0.67 -6.27 6.69 61.19

Competitive Comparison of Cohn Robbins Holdings's Return-on-Tangible-Equity

For the Shell Companies subindustry, Cohn Robbins Holdings'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.


Cohn Robbins Holdings's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cohn Robbins Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cohn Robbins Holdings's Return-on-Tangible-Equity falls into.



Cohn Robbins Holdings Return-on-Tangible-Equity Calculation

Cohn Robbins Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=35.896/( (726.463+762.359 )/ 2 )
=35.896/744.411
=4.82 %

Cohn Robbins Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=254.892/( (763.155+69.953)/ 2 )
=254.892/416.554
=61.19 %

* 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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cohn Robbins Holdings  (OTCPK:CRRCF) 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.


Cohn Robbins Holdings Return-on-Tangible-Equity Related Terms

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


Cohn Robbins Holdings (Cohn Robbins Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1000 North West Street, Suite 1200, Wilmington, DE, USA, 19801
Cohn Robbins Holdings Corp is a blank check company.
Executives
Clifton S Robbins director, 10 percent owner 646 STEAMBOAT ROAD, GREENWICH CT 06830
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
C Robert Kidder director 5400 LEGACY DR, H3 3E 35, PLANO TX 75024
Gary D Cohn director, 10 percent owner 812 PARK AVENUE, 7-8A, NEW YORK NY 10021
Kathryn A. Hall director ONE MARITIME PLAZA, SIXTH FLOOR, SAN FRANCISCO CA 94111
Alexander T. Roberton director, 10 percent owner C/O CSR ACQUISITION CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Cohn Robbins Sponsor Llc director, 10 percent owner C/O CSR ACQUISITION CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Charles S. Kwon officer: Chief Financial Officer C/O CSR ACQUISITION CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801

Cohn Robbins Holdings (Cohn Robbins Holdings) Headlines

From GuruFocus

Lifshitz Law PLLC Announces Investigation of CRHC, DNAA, AKIC, and VCRA

By GuruFocusNews GuruFocusNews 02-05-2022

Top 5 3rd Quarter Trades of Tuttle Capital Management, LLC

By GuruFocus Research GuruFocus Editor 10-11-2022

SHAREHOLDER NOTICE: Halper Sadeh LLP Investigates DNAC, ASPC, CLAQ, CRHC

By GuruFocusNews GuruFocusNews 02-09-2022