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ironSource (ironSource) Return-on-Tangible-Equity : 9.88% (As of Jun. 2022)


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What is ironSource 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. ironSource's annualized net income for the quarter that ended in Jun. 2022 was $50.9 Mil. ironSource's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $515.5 Mil. Therefore, ironSource's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 9.88%.

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

IS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.67   Med: 42.4   Max: 72.08
Current: 9.67

During the past 3 years, ironSource's highest Return-on-Tangible-Equity was 72.08%. The lowest was 9.67%. And the median was 42.40%.

IS's Return-on-Tangible-Equity is not ranked
in the Software industry.
Industry Median: 7.965 vs IS: 9.67

ironSource Return-on-Tangible-Equity Historical Data

The historical data trend for ironSource'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.

ironSource Return-on-Tangible-Equity Chart

ironSource Annual Data
Trend Dec19 Dec20 Dec21
Return-on-Tangible-Equity
- 72.08 12.72

ironSource Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.21 9.51 10.28 8.48 9.88

Competitive Comparison of ironSource's Return-on-Tangible-Equity

For the Software - Application subindustry, ironSource'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.


ironSource's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, ironSource's Return-on-Tangible-Equity distribution charts can be found below:

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



ironSource Return-on-Tangible-Equity Calculation

ironSource's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=59.821/( (132.206+808.048 )/ 2 )
=59.821/470.127
=12.72 %

ironSource's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=50.904/( (491.274+539.69)/ 2 )
=50.904/515.482
=9.88 %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


ironSource  (NYSE:IS) 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.


ironSource Return-on-Tangible-Equity Related Terms

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


ironSource (ironSource) Business Description

Industry
Traded in Other Exchanges
N/A
Address
121 Menachem Begin Street, Azrieli Sarona Tower, Tel Aviv, ISR, 6701203
ironSource Ltd is a business platform that enables mobile content creators to prosper within the app economy. App developers use ironSource's platform to turn their apps into successful, scalable businesses. The ironSource platform also empowers telecom operators to create a richer device experiences for their customers.