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Lightspeed Commerce (LTS:0A8V) Return-on-Tangible-Equity : -15.63% (As of Mar. 2024)


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What is Lightspeed Commerce 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. Lightspeed Commerce's annualized net income for the quarter that ended in Mar. 2024 was C$-176 Mil. Lightspeed Commerce's average shareholder tangible equity for the quarter that ended in Mar. 2024 was C$1,127 Mil. Therefore, Lightspeed Commerce's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -15.63%.

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

LTS:0A8V' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -129.34   Med: -35.81   Max: -19.51
Current: -19.56

During the past 9 years, Lightspeed Commerce's highest Return-on-Tangible-Equity was -19.51%. The lowest was -129.34%. And the median was -35.81%.

LTS:0A8V's Return-on-Tangible-Equity is ranked worse than
77.69% of 2380 companies
in the Software industry
Industry Median: 7.83 vs LTS:0A8V: -19.56

Lightspeed Commerce Return-on-Tangible-Equity Historical Data

The historical data trend for Lightspeed Commerce'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.

Lightspeed Commerce Return-on-Tangible-Equity Chart

Lightspeed Commerce Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -35.81 -28.33 -35.88 -129.34 -19.51

Lightspeed Commerce 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 -35.37 -23.03 -20.61 -19.19 -15.63

Competitive Comparison of Lightspeed Commerce's Return-on-Tangible-Equity

For the Software - Application subindustry, Lightspeed Commerce'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.


Lightspeed Commerce's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Lightspeed Commerce's Return-on-Tangible-Equity distribution charts can be found below:

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



Lightspeed Commerce Return-on-Tangible-Equity Calculation

Lightspeed Commerce's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-221.942/( (1143.014+1131.792 )/ 2 )
=-221.942/1137.403
=-19.51 %

Lightspeed Commerce'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 )
=-176.184/( (1122.791+1131.792)/ 2 )
=-176.184/1127.2915
=-15.63 %

* 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.


Lightspeed Commerce  (LTS:0A8V) 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.


Lightspeed Commerce Return-on-Tangible-Equity Related Terms

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


Lightspeed Commerce (LTS:0A8V) Business Description

Traded in Other Exchanges
Address
700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia and other countries. It derives a majority of its revenue from the United States.

Lightspeed Commerce (LTS:0A8V) Headlines

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