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One Heritage Group (LSE:OHG) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is One Heritage 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. One Heritage Group's annualized net income for the quarter that ended in Dec. 2023 was £-4.01 Mil. One Heritage Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was £-1.57 Mil. Therefore, One Heritage Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

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

LSE:OHG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -478000   Med: -130.14   Max: -69.32
Current: -478000

During the past 4 years, One Heritage Group's highest Return-on-Tangible-Equity was -69.32%. The lowest was -478,000.00%. And the median was -130.14%.

LSE:OHG's Return-on-Tangible-Equity is ranked worse than
100% of 1760 companies
in the Real Estate industry
Industry Median: 2.78 vs LSE:OHG: -478000.00

One Heritage Group Return-on-Tangible-Equity Historical Data

The historical data trend for One Heritage 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.

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One Heritage Group Return-on-Tangible-Equity Chart

One Heritage Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Return-on-Tangible-Equity
- -69.32 -130.14 -478,000.00

One Heritage Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial -42.94 -233.84 -766.83 - -

Competitive Comparison of One Heritage Group's Return-on-Tangible-Equity

For the Real Estate - Development subindustry, One Heritage 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.


One Heritage Group's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, One Heritage Group's Return-on-Tangible-Equity distribution charts can be found below:

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



One Heritage Group Return-on-Tangible-Equity Calculation

One Heritage Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-2.39/( (0.572+-0.571 )/ 2 )
=-2.39/0.0005
=-478,000.00 %

One Heritage Group'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-4.01/( (-0.571+-2.576)/ 2 )
=-4.01/-1.5735
=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 two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


One Heritage Group  (LSE:OHG) 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.


One Heritage Group Return-on-Tangible-Equity Related Terms

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One Heritage Group (LSE:OHG) Business Description

Traded in Other Exchanges
N/A
Address
80 Mosley Street, Manchester, GBR, M2 3FX
One Heritage Group PLC is a property development and management company. The company undertakes the development and re-development of new and existing buildings to create self-contained residential apartments and the refurbishment of existing residential properties. The Group operates in operating segments namely: Developments segment, Construction segment, Property Services segment, and Corporate segment.

One Heritage Group (LSE:OHG) Headlines

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