Navistar International (Navistar International) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Apr. 2021)

Navistar International Return-on-Tangible-Equity Chart

Navistar International Annual Data
	Trend	Oct11	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20
Return-on-Tangible-Equity		Get a 7-Day Free Trial					-	Negative Tangible Equity	Negative Tangible Equity	Negative Tangible Equity	-

Navistar International Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-	-	-	-	Negative Tangible Equity

Competitive Comparison of Navistar International's Return-on-Tangible-Equity

For the Farm & Heavy Construction Machinery subindustry, Navistar International'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.

Navistar International's Return-on-Tangible-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Navistar International's Return-on-Tangible-Equity distribution charts can be found below:

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

Navistar International Return-on-Tangible-Equity Calculation

Navistar International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2020 is calculated as

Navistar International's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2021 is calculated as

* 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 (Apr. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Navistar International  (NYSE:NAV) 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.

Navistar International Return-on-Tangible-Equity Related Terms

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Navistar International (Navistar International) Business Description