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General Assembly Holdings (TSXV:GA) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is General Assembly Holdings 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. General Assembly Holdings's annualized net income for the quarter that ended in Dec. 2023 was C$-3.65 Mil. General Assembly Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was C$-7.87 Mil. Therefore, General Assembly Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

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

TSXV:GA's Return-on-Tangible-Equity is not ranked *
in the Restaurants industry.
Industry Median: 11.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

General Assembly Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for General Assembly Holdings'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.

General Assembly Holdings Return-on-Tangible-Equity Chart

General Assembly Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- - - -

General Assembly Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - Negative Tangible Equity - -

Competitive Comparison of General Assembly Holdings's Return-on-Tangible-Equity

For the Restaurants subindustry, General Assembly Holdings'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.


General Assembly Holdings's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, General Assembly Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where General Assembly Holdings's Return-on-Tangible-Equity falls into.



General Assembly Holdings Return-on-Tangible-Equity Calculation

General Assembly Holdings'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 )
=-1.243/( (-8.268+-8.147 )/ 2 )
=-1.243/-8.2075
=N/A %

General Assembly Holdings'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-3.648/( (-7.587+-8.147)/ 2 )
=-3.648/-7.867
=N/A %

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


General Assembly Holdings  (TSXV:GA) 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.


General Assembly Holdings Return-on-Tangible-Equity Related Terms

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


General Assembly Holdings (TSXV:GA) Business Description

Traded in Other Exchanges
N/A
Address
331 Adelaide Street West, Toronto, ON, CAN, M5V 1R5
General Assembly Holdings Ltd operates a pizza restaurant where it also manufactures and distributes frozen pizza directly to consumers through the subscription offer as well as the sale of CPG directly to specialty grocery stores.
Executives
Keleher Investments Corp. 10% Security Holder

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