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Boohoo Group (LSE:BOO) Return-on-Tangible-Equity : -108.32% (As of Feb. 2024)


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What is Boohoo Group 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. Boohoo Group's annualized net income for the quarter that ended in Feb. 2024 was £-231 Mil. Boohoo Group's average shareholder tangible equity for the quarter that ended in Feb. 2024 was £213 Mil. Therefore, Boohoo Group's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was -108.32%.

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

LSE:BOO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -62.09   Med: 22.95   Max: 37.64
Current: -59.48

During the past 12 years, Boohoo Group's highest Return-on-Tangible-Equity was 37.64%. The lowest was -62.09%. And the median was 22.95%.

LSE:BOO's Return-on-Tangible-Equity is ranked worse than
92.64% of 1046 companies
in the Retail - Cyclical industry
Industry Median: 7.285 vs LSE:BOO: -59.48

Boohoo Group Return-on-Tangible-Equity Historical Data

The historical data trend for Boohoo Group'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.

Boohoo Group Return-on-Tangible-Equity Chart

Boohoo Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.32 29.14 -1.16 -25.02 -62.09

Boohoo Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -12.54 -9.35 -43.37 -17.17 -108.32

Competitive Comparison of Boohoo Group's Return-on-Tangible-Equity

For the Internet Retail subindustry, Boohoo Group'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.


Boohoo Group's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boohoo Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Boohoo Group Return-on-Tangible-Equity Calculation

Boohoo Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=-137.8/( (268.5+175.4 )/ 2 )
=-137.8/221.95
=-62.09 %

Boohoo Group's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2024 )  (Q: Aug. 2023 )(Q: Feb. 2024 )
=-231/( (251.1+175.4)/ 2 )
=-231/213.25
=-108.32 %

* 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 two times the semi-annual (Feb. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Boohoo Group  (LSE:BOO) 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.


Boohoo Group Return-on-Tangible-Equity Related Terms

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Boohoo Group (LSE:BOO) Business Description

Traded in Other Exchanges
Address
49-51 Dale Street, Manchester, GBR, M1 2HF
Boohoo Group PLC is an online fashion retailer catering to young people in the UK and internationally. The company markets and retails its own-brand clothing and accessories through its website www.boohoo.com. Its brand includes boohoo, PrettyLittleThing, Nasty Gal, and Others. The company's geographical segment includes United Kingdom; Rest of Europe; USA and Rest of world. It derives a majority of its revenue from the United Kingdom. Its product offering includes clothing, footwear, and related fashion accessories.

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