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Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII (BSP:MGIM11) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII 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. Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's annualized net income for the quarter that ended in . 20 was R$ Mil. Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's average shareholder tangible equity for the quarter that ended in . 20 was R$ Mil. Therefore, Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's Return-on-Tangible-Equity or its related term are showing as below:

BSP:MGIM11's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.6
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII Return-on-Tangible-Equity Historical Data

The historical data trend for Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII'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.

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII Return-on-Tangible-Equity Chart

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII Annual Data
Trend Jun21
Return-on-Tangible-Equity
-

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII Quarterly Data
Jun21
Return-on-Tangible-Equity -

Competitive Comparison of Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII'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.


Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's Return-on-Tangible-Equity falls into.



Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII Return-on-Tangible-Equity Calculation

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2021 )  (A: . 20 )(A: Jun. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2021 )  (A: . 20 )(A: Jun. 2021 )
=/( (+ )/ )
=/
= %

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII  (BSP:MGIM11) 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.


Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII Return-on-Tangible-Equity Related Terms

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Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII (BSP:MGIM11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Praia de Botafogo, No.501, 6th Floor, Rio de Janeiro, BRA, 22.250-040
Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII has the objective to invest in real estate projects, through the acquisition of ready-made and properly constructed real estate projects, land or properties under construction, intended for use of any nature, whether by acquiring the entirety or an ideal fraction of each asset., for subsequent sale or lease through a typical or "atypical" contract, in the "built to suit" or "sale and leaseback.

Fundo DE Inv Imobiliario Mogno Real Estate Impact Development Fund-FII (BSP:MGIM11) Headlines

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