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Avishkar Infra Realty (BOM:508929) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


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What is Avishkar Infra Realty 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. Avishkar Infra Realty's annualized net income for the quarter that ended in Mar. 2024 was ₹-11.68 Mil. Avishkar Infra Realty's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹-99.27 Mil. Therefore, Avishkar Infra Realty's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.

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

During the past 13 years, Avishkar Infra Realty's highest Return-on-Tangible-Equity was 7.02%. The lowest was -254.27%. And the median was 4.13%.

BOM:508929's Return-on-Tangible-Equity is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 10.46
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Avishkar Infra Realty Return-on-Tangible-Equity Historical Data

The historical data trend for Avishkar Infra Realty'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.

Avishkar Infra Realty Return-on-Tangible-Equity Chart

Avishkar Infra Realty Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
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Avishkar Infra Realty Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Avishkar Infra Realty's Return-on-Tangible-Equity

For the Residential Construction subindustry, Avishkar Infra Realty'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.


Avishkar Infra Realty's Return-on-Tangible-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Avishkar Infra Realty's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Avishkar Infra Realty's Return-on-Tangible-Equity falls into.



Avishkar Infra Realty Return-on-Tangible-Equity Calculation

Avishkar Infra Realty'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 )
=-10.151/( (-89.12+-99.27 )/ 2 )
=-10.151/-94.195
=N/A %

Avishkar Infra Realty'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 )
=-11.68/( (0+-99.27)/ 1 )
=-11.68/-99.27
=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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Avishkar Infra Realty  (BOM:508929) 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.


Avishkar Infra Realty Return-on-Tangible-Equity Related Terms

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Avishkar Infra Realty (BOM:508929) Business Description

Traded in Other Exchanges
N/A
Address
306 - 310, Madhava Commercial Complex C-4, 3rd Floor, Bandra Kurla Complex, Near Family Court, Bandra (East), Mumbai, MH, IND, 400051
Joy Realty Ltd is engaged in the real estate business in India. The company's business includes building, development, and redevelopment of real estate properties. Its project includes the Joy Alka located in Andheri (West) Mumbai.

Avishkar Infra Realty (BOM:508929) Headlines

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