GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Semper Paratus Acquisition Corp (NAS:LGST) » Definitions » Return-on-Tangible-Equity

Semper Paratus Acquisition (Semper Paratus Acquisition) Return-on-Tangible-Equity : -11.18% (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Semper Paratus Acquisition 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. Semper Paratus Acquisition's annualized net income for the quarter that ended in Sep. 2023 was $-1.12 Mil. Semper Paratus Acquisition's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $9.99 Mil. Therefore, Semper Paratus Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was -11.18%.

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

LGST' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.3   Med: 1.3   Max: 2.37
Current: 2.37

During the past 2 years, Semper Paratus Acquisition's highest Return-on-Tangible-Equity was 2.37%. The lowest was 1.30%. And the median was 1.30%.

LGST's Return-on-Tangible-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.67 vs LGST: 2.37

Semper Paratus Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for Semper Paratus Acquisition'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.

Semper Paratus Acquisition Return-on-Tangible-Equity Chart

Semper Paratus Acquisition Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Equity
- 1.30

Semper Paratus Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 3.07 2.81 -7.73 -11.18

Competitive Comparison of Semper Paratus Acquisition's Return-on-Tangible-Equity

For the Shell Companies subindustry, Semper Paratus Acquisition'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.


Semper Paratus Acquisition's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Semper Paratus Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Semper Paratus Acquisition's Return-on-Tangible-Equity falls into.



Semper Paratus Acquisition Return-on-Tangible-Equity Calculation

Semper Paratus Acquisition'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 )
=4.408/( (337.672+342.081 )/ 2 )
=4.408/339.8765
=1.30 %

Semper Paratus Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-1.116/( (10.126+9.847)/ 2 )
=-1.116/9.9865
=-11.18 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Semper Paratus Acquisition  (NAS:LGST) 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.


Semper Paratus Acquisition Return-on-Tangible-Equity Related Terms

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


Semper Paratus Acquisition (Semper Paratus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 38th Floor, New York, NY, USA, 10017
Semper Paratus Acquisition Corp is a special purpose acquisition company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Corbin Erisa Opportunity Fund, Ltd. 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Ssvk Associates, Llc 10 percent owner 8911 REGENTS PARK DRIVE, SUITE 550, TAMPA FL 33647
Scott Harris Sussman director 616 POPPY AVE, CORONA DEL MAR CA 92625
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Surendra K Ajjarapu director, 10 percent owner, officer: CEO and Chairman 8604 BUTTON BUSH CT, TAMPA FL 33647
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Jeff Rogers officer: President 720 SPYGLASS HILL, HOLLAND MI 49424
Semper Paratus Sponsor Llc 10 percent owner 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Philippe J Kurzweil officer: CFO & Secretary C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Brad Stewart director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017