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Ldr Turizm Anonim Sirketi (IST:LIDER) Return-on-Tangible-Equity : -21.75% (As of Dec. 2023)


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What is Ldr Turizm Anonim Sirketi 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. Ldr Turizm Anonim Sirketi's annualized net income for the quarter that ended in Dec. 2023 was ₺-552 Mil. Ldr Turizm Anonim Sirketi's average shareholder tangible equity for the quarter that ended in Dec. 2023 was ₺2,538 Mil. Therefore, Ldr Turizm Anonim Sirketi's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -21.75%.

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

IST:LIDER' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.04   Med: 46.08   Max: 138.8
Current: 37.57

During the past 6 years, Ldr Turizm Anonim Sirketi's highest Return-on-Tangible-Equity was 138.80%. The lowest was -29.04%. And the median was 46.08%.

IST:LIDER's Return-on-Tangible-Equity is not ranked
in the Business Services industry.
Industry Median: 11.86 vs IST:LIDER: 37.57

Ldr Turizm Anonim Sirketi Return-on-Tangible-Equity Historical Data

The historical data trend for Ldr Turizm Anonim Sirketi'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.

Ldr Turizm Anonim Sirketi Return-on-Tangible-Equity Chart

Ldr Turizm Anonim Sirketi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 27.68 76.39 63.30 138.80 28.86

Ldr Turizm Anonim Sirketi Quarterly Data
Dec18 Dec19 Sep20 Dec20 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 276.58 65.50 89.74 97.74 -21.75

Competitive Comparison of Ldr Turizm Anonim Sirketi's Return-on-Tangible-Equity

For the Rental & Leasing Services subindustry, Ldr Turizm Anonim Sirketi'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.


Ldr Turizm Anonim Sirketi's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ldr Turizm Anonim Sirketi's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ldr Turizm Anonim Sirketi's Return-on-Tangible-Equity falls into.



Ldr Turizm Anonim Sirketi Return-on-Tangible-Equity Calculation

Ldr Turizm Anonim Sirketi'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 )
=607.704/( (889.579+3322.126 )/ 2 )
=607.704/2105.8525
=28.86 %

Ldr Turizm Anonim Sirketi'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 )
=-551.92/( (1753.728+3322.126)/ 2 )
=-551.92/2537.927
=-21.75 %

* 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.


Ldr Turizm Anonim Sirketi  (IST:LIDER) 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.


Ldr Turizm Anonim Sirketi Return-on-Tangible-Equity Related Terms

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Ldr Turizm Anonim Sirketi (IST:LIDER) Business Description

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Traded in Other Exchanges
N/A
Address
Plaza Ayazaga Yolu No:7 K:14, Maslak, Istanbul, TUR
Ldr Turizm Anonim Sirketi provides its customers with long-term specialized car rental services within the framework of financial and technological developments. The services offered by the company include 24/7 professional assistance & roadside assistance, backup vehicles, maintenance & repair, examination, tire management, penalty management, and valet service.

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