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Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Brookfield Infrastructure Partners LP 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. Brookfield Infrastructure Partners LP's annualized net income for the quarter that ended in Dec. 2023 was $-60 Mil. Brookfield Infrastructure Partners LP's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-23,740 Mil. Therefore, Brookfield Infrastructure Partners LP's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

The historical rank and industry rank for Brookfield Infrastructure Partners LP's Return-on-Tangible-Equity or its related term are showing as below:

BIP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 79.77   Med: 89.76   Max: 99.74
Current: Negative Tangible Equity

During the past 13 years, Brookfield Infrastructure Partners LP's highest Return-on-Tangible-Equity was 99.74%. The lowest was 79.77%. And the median was 89.76%.

BIP's Return-on-Tangible-Equity is ranked better than
99.6% of 506 companies
in the Utilities - Regulated industry
Industry Median: 10.795 vs BIP: Negative Tangible Equity

Brookfield Infrastructure Partners LP Return-on-Tangible-Equity Historical Data

The historical data trend for Brookfield Infrastructure Partners LP'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.

Brookfield Infrastructure Partners LP Return-on-Tangible-Equity Chart

Brookfield Infrastructure Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Brookfield Infrastructure Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity -

Competitive Comparison of Brookfield Infrastructure Partners LP's Return-on-Tangible-Equity

For the Utilities - Diversified subindustry, Brookfield Infrastructure Partners LP'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.


Brookfield Infrastructure Partners LP's Return-on-Tangible-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure Partners LP's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Brookfield Infrastructure Partners LP's Return-on-Tangible-Equity falls into.



Brookfield Infrastructure Partners LP Return-on-Tangible-Equity Calculation

Brookfield Infrastructure Partners LP'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 )
=367/( (-14294+-24066 )/ 2 )
=367/-19180
=Negative Tangible Equity %

Brookfield Infrastructure Partners LP'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 )
=-60/( (-23413+-24066)/ 2 )
=-60/-23739.5
=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.


Brookfield Infrastructure Partners LP  (NYSE:BIP) 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.


Brookfield Infrastructure Partners LP Return-on-Tangible-Equity Related Terms

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


Brookfield Infrastructure Partners LP (Brookfield Infrastructure Partners LP) Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM12
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from Canada and also has a presence in Australia, Colombia, United Kingdom, Brazil, United States of America, Chile, Peru and other countries.