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DTI Group (ASX:DTI) Return-on-Tangible-Equity : -58.96% (As of Dec. 2023)


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What is DTI Group 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. DTI Group's annualized net income for the quarter that ended in Dec. 2023 was A$-2.20 Mil. DTI Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was A$3.73 Mil. Therefore, DTI Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -58.96%.

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

ASX:DTI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -95.45   Med: -17.28   Max: 1.56
Current: -26.74

During the past 9 years, DTI Group's highest Return-on-Tangible-Equity was 1.56%. The lowest was -95.45%. And the median was -17.28%.

ASX:DTI's Return-on-Tangible-Equity is ranked worse than
91.73% of 1004 companies
in the Business Services industry
Industry Median: 11.86 vs ASX:DTI: -26.74

DTI Group Return-on-Tangible-Equity Historical Data

The historical data trend for DTI Group'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.

DTI Group Return-on-Tangible-Equity Chart

DTI Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -95.45 -55.95 0.53 1.56 -17.28

DTI Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only -3.28 5.50 -32.19 -0.67 -58.96

Competitive Comparison of DTI Group's Return-on-Tangible-Equity

For the Security & Protection Services subindustry, DTI Group'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.


DTI Group's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DTI Group's Return-on-Tangible-Equity distribution charts can be found below:

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



DTI Group Return-on-Tangible-Equity Calculation

DTI Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-0.94/( (6.429+4.451 )/ 2 )
=-0.94/5.44
=-17.28 %

DTI Group'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 )
=-2.198/( (4.451+3.005)/ 2 )
=-2.198/3.728
=-58.96 %

* 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.


DTI Group  (ASX:DTI) 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.


DTI Group Return-on-Tangible-Equity Related Terms

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


DTI Group (ASX:DTI) Business Description

Traded in Other Exchanges
N/A
Address
31 Affleck Road, Perth Airport, Perth, WA, AUS, 6105
DTI Group Ltd develops and provides surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry. The customers include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies. Its products and services are classified into four categories surveillance solutions, Passenger communication solutions, Video analytics and Managed Services. Its geographical segments include Australia, Europe & Others, and North America, of which the majority of the revenue is generated from Australia.