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Academy of Learning Co (SAU:9541) Return-on-Tangible-Equity : 26.63% (As of Jun. 2023)


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What is Academy of Learning Co 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. Academy of Learning Co's annualized net income for the quarter that ended in Jun. 2023 was ﷼28.41 Mil. Academy of Learning Co's average shareholder tangible equity for the quarter that ended in Jun. 2023 was ﷼106.67 Mil. Therefore, Academy of Learning Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 26.63%.

The historical rank and industry rank for Academy of Learning Co's Return-on-Tangible-Equity or its related term are showing as below:

SAU:9541' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.39   Med: 19.45   Max: 25.69
Current: 25.69

During the past 2 years, Academy of Learning Co's highest Return-on-Tangible-Equity was 25.69%. The lowest was 17.39%. And the median was 19.45%.

SAU:9541's Return-on-Tangible-Equity is ranked better than
73.64% of 239 companies
in the Education industry
Industry Median: 10.73 vs SAU:9541: 25.69

Academy of Learning Co Return-on-Tangible-Equity Historical Data

The historical data trend for Academy of Learning Co'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.

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Academy of Learning Co Return-on-Tangible-Equity Chart

Academy of Learning Co Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Equity
17.39 21.50

Academy of Learning Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Return-on-Tangible-Equity - 17.52 25.01 26.63

Competitive Comparison of Academy of Learning Co's Return-on-Tangible-Equity

For the Education & Training Services subindustry, Academy of Learning Co'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.


Academy of Learning Co's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Academy of Learning Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Academy of Learning Co's Return-on-Tangible-Equity falls into.



Academy of Learning Co Return-on-Tangible-Equity Calculation

Academy of Learning Co'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 )
=21.362/( (93.157+105.566 )/ 2 )
=21.362/99.3615
=21.50 %

Academy of Learning Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=28.406/( (105.566+107.769)/ 2 )
=28.406/106.6675
=26.63 %

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


Academy of Learning Co  (SAU:9541) 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.


Academy of Learning Co Return-on-Tangible-Equity Related Terms

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Academy of Learning Co (SAU:9541) Business Description

Traded in Other Exchanges
N/A
Address
Arabian Gulf Road, Ash Shati Ash Sharqi, Dammam, SAU, 32414
Academy of Learning Co works in the education and training sector in the Kingdom of Saudi Arabia through education and training institutes in various regions. The company prepares its students to join the job market and equips them with the necessary practical experience through different accredited diploma programs. The activity of the company is wholesale of computers and their accessories, including (selling printers and their inks), administrative training institutes. It provides educational services and has one sector, which is the educational activity. The company operates in the Kingdom of Saudi Arabia and has no geographical sector.

Academy of Learning Co (SAU:9541) Headlines

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