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Dexterra Group (Dexterra Group) Return-on-Tangible-Equity : -13.32% (As of Mar. 2024)


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What is Dexterra Group 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. Dexterra Group's annualized net income for the quarter that ended in Mar. 2024 was $-10.7 Mil. Dexterra Group's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $80.2 Mil. Therefore, Dexterra Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -13.32%.

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

HZNOF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.24   Med: 21.45   Max: 63.7
Current: 15.54

During the past 5 years, Dexterra Group's highest Return-on-Tangible-Equity was 63.70%. The lowest was 2.24%. And the median was 21.45%.

HZNOF's Return-on-Tangible-Equity is ranked better than
57.46% of 999 companies
in the Business Services industry
Industry Median: 11.95 vs HZNOF: 15.54

Dexterra Group Return-on-Tangible-Equity Historical Data

The historical data trend for Dexterra Group'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.

Dexterra Group Return-on-Tangible-Equity Chart

Dexterra Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
37.58 63.90 13.50 2.16 21.58

Dexterra Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.08 28.09 43.02 -0.98 -13.32

Competitive Comparison of Dexterra Group's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Dexterra Group'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.


Dexterra Group's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dexterra Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Dexterra Group Return-on-Tangible-Equity Calculation

Dexterra Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=19.84/( (90.4+93.479 )/ 2 )
=19.84/91.9395
=21.58 %

Dexterra Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-10.684/( (93.479+66.946)/ 2 )
=-10.684/80.2125
=-13.32 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Dexterra Group  (OTCPK:HZNOF) 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.


Dexterra Group Return-on-Tangible-Equity Related Terms

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


Dexterra Group (Dexterra Group) Business Description

Traded in Other Exchanges
Address
5915 Airport Road, Suite 425, Mississauga, ON, CAN, L4V 1T1
Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Powered by people, Dexterra Group brings best-in-class regional expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of facilities management services, industry leading workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors.

Dexterra Group (Dexterra Group) Headlines

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Prem Watsa Comments on Dexterra

By Sydnee Gatewood Sydnee Gatewood 03-08-2021