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Quarto Group (The) (LSE:QRT) Return-on-Tangible-Equity : 14.59% (As of Jun. 2023)


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What is Quarto Group (The) 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. Quarto Group (The)'s annualized net income for the quarter that ended in Jun. 2023 was £2.8 Mil. Quarto Group (The)'s average shareholder tangible equity for the quarter that ended in Jun. 2023 was £19.3 Mil. Therefore, Quarto Group (The)'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 14.59%.

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

LSE:QRT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 72.3   Med: 123.73   Max: 123.73
Current: 72.3

During the past 13 years, Quarto Group (The)'s highest Return-on-Tangible-Equity was 123.73%. The lowest was 72.30%. And the median was 123.73%.

LSE:QRT's Return-on-Tangible-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 5.255 vs LSE:QRT: 72.30

Quarto Group (The) Return-on-Tangible-Equity Historical Data

The historical data trend for Quarto Group (The)'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.

Quarto Group (The) Return-on-Tangible-Equity Chart

Quarto Group (The) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 123.73

Quarto Group (The) Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Negative Tangible Equity Negative Tangible Equity 144.49 145.92 14.59

Competitive Comparison of Quarto Group (The)'s Return-on-Tangible-Equity

For the Publishing subindustry, Quarto Group (The)'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.


Quarto Group (The)'s Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Quarto Group (The)'s Return-on-Tangible-Equity distribution charts can be found below:

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



Quarto Group (The) Return-on-Tangible-Equity Calculation

Quarto Group (The)'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=13.634/( (2.956+19.083 )/ 2 )
=13.634/11.0195
=123.73 %

Quarto Group (The)'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=2.822/( (19.083+19.594)/ 2 )
=2.822/19.3385
=14.59 %

* 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 (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Quarto Group (The)  (LSE:QRT) 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.


Quarto Group (The) Return-on-Tangible-Equity Related Terms

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


Quarto Group (The) (LSE:QRT) Business Description

Traded in Other Exchanges
N/A
Address
1 Triptych Place, 2nd Floor, London, GBR, SE1 9SH
Quarto Group (The) Inc is an American book publisher. Its genre of books ranges from inspirational, educational, and creative for entertainment. With a hoard of titles themed on cookery, children's amusement, history, animal kingdom, movies, self-help, art, travel, and leisure, Quarto caters to all segments of society. Its publishing businesses comprise two divisions: US Publishing, and UK Publishing. The company's geographical segments are the United States of America, the United Kingdom, Europe, and Rest of the World, out of which the majority of the revenue is generated from the United States of America.

Quarto Group (The) (LSE:QRT) Headlines

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