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Aquis Exchange (LSE:AQX) Return-on-Tangible-Equity : 33.35% (As of Dec. 2023)


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What is Aquis Exchange 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. Aquis Exchange's annualized net income for the quarter that ended in Dec. 2023 was £8.31 Mil. Aquis Exchange's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £24.93 Mil. Therefore, Aquis Exchange's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 33.35%.

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

LSE:AQX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -101.73   Med: -4.88   Max: 28.4
Current: 21.64

During the past 9 years, Aquis Exchange's highest Return-on-Tangible-Equity was 28.40%. The lowest was -101.73%. And the median was -4.88%.

LSE:AQX's Return-on-Tangible-Equity is ranked better than
77.95% of 771 companies
in the Capital Markets industry
Industry Median: 5.66 vs LSE:AQX: 21.64

Aquis Exchange Return-on-Tangible-Equity Historical Data

The historical data trend for Aquis Exchange'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.

Aquis Exchange Return-on-Tangible-Equity Chart

Aquis Exchange Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -4.88 7.28 28.40 22.82 21.21

Aquis Exchange Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 41.65 7.46 38.90 9.23 33.35

Competitive Comparison of Aquis Exchange's Return-on-Tangible-Equity

For the Financial Data & Stock Exchanges subindustry, Aquis Exchange'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.


Aquis Exchange's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aquis Exchange's Return-on-Tangible-Equity distribution charts can be found below:

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



Aquis Exchange Return-on-Tangible-Equity Calculation

Aquis Exchange'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 )
=5.203/( (22.264+26.791 )/ 2 )
=5.203/24.5275
=21.21 %

Aquis Exchange's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=8.314/( (23.074+26.791)/ 2 )
=8.314/24.9325
=33.35 %

* 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 two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Aquis Exchange  (LSE:AQX) 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.


Aquis Exchange Return-on-Tangible-Equity Related Terms

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


Aquis Exchange (LSE:AQX) Business Description

Traded in Other Exchanges
Address
63 Queen Victoria Street, London, GBR, EC4N 4UA
Aquis Exchange PLC is a United Kingdom-based company that engages in cash equities trading exchange. It is authorized and regulated by the UK Financial Conduct Authority to operate a Multilateral Trading Facility. It allows institutional traders to trade stocks from European countries. It has three operating segments Aquis Exchange which operator of MTF and related services, Aquis Stock Exchange for primary listings and trading business, and Aquis Technologies developer of exchange technology and services.

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