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Sears Holdings (Sears Holdings) Return-on-Tangible-Equity : 0.00% (As of Oct. 2018)


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What is Sears Holdings 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. Sears Holdings's annualized net income for the quarter that ended in Oct. 2018 was $-3,800.00 Mil. Sears Holdings's average shareholder tangible equity for the quarter that ended in Oct. 2018 was $-6,101.00 Mil. Therefore, Sears Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2018 was N/A%.

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

SHLDW's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.29
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sears Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Sears Holdings'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.

Sears Holdings Return-on-Tangible-Equity Chart

Sears Holdings Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Return-on-Tangible-Equity
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Sears Holdings Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Oct19
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 - - - -

Competitive Comparison of Sears Holdings's Return-on-Tangible-Equity

For the Department Stores subindustry, Sears Holdings'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.


Sears Holdings's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

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

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



Sears Holdings Return-on-Tangible-Equity Calculation

Sears Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2018 )  (A: Jan. 2017 )(A: Jan. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2018 )  (A: Jan. 2017 )(A: Jan. 2018 )
=-383/( (-5614+-5160 )/ 2 )
=-383/-5387
=N/A %

Sears Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2018 )  (Q: Jul. 2018 )(Q: Oct. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2018 )  (Q: Jul. 2018 )(Q: Oct. 2018 )
=-3800/( (-5761+-6441)/ 2 )
=-3800/-6101
=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 four times the quarterly (Oct. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sears Holdings  (NAS:SHLDW) 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.


Sears Holdings Return-on-Tangible-Equity Related Terms

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


Sears Holdings (Sears Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3333 Beverly Road, Hoffman Estates, IL, USA, 60179
Sears Holdings Corporation is an America-based retailer that integrates the digital and physical shopping experiences for consumers. The company operates through retail store brands Sears and Kmart. Sears provides a broad range of home merchandise, apparel, automotive products and home services through both online and offline channels across the United States, and it owns proprietary brands, including Kenmore, Craftsman, and DieHard. Kmart is a mass merchandising firm, offering quality products to customers through exclusive brands. The majority of the company's revenue comes from the domestic market.

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