GURUFOCUS.COM » STOCK LIST » Technology » Software » Sekur Private Data Ltd (XCNQ:SKUR) » Definitions » Return-on-Tangible-Equity

Sekur Private Data (XCNQ:SKUR) Return-on-Tangible-Equity : -120.72% (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Sekur Private Data 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. Sekur Private Data's annualized net income for the quarter that ended in Mar. 2024 was C$-1.31 Mil. Sekur Private Data's average shareholder tangible equity for the quarter that ended in Mar. 2024 was C$1.08 Mil. Therefore, Sekur Private Data's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -120.72%.

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

XCNQ:SKUR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -462.59   Med: -177.96   Max: -148.63
Current: -164.75

During the past 6 years, Sekur Private Data's highest Return-on-Tangible-Equity was -148.63%. The lowest was -462.59%. And the median was -177.96%.

XCNQ:SKUR's Return-on-Tangible-Equity is ranked worse than
93.19% of 2380 companies
in the Software industry
Industry Median: 7.83 vs XCNQ:SKUR: -164.75

Sekur Private Data Return-on-Tangible-Equity Historical Data

The historical data trend for Sekur Private Data'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.

Sekur Private Data Return-on-Tangible-Equity Chart

Sekur Private Data Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial -180.42 -173.32 -175.50 -148.63 -297.22

Sekur Private Data Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -164.06 -80.76 -281.65 -197.95 -120.72

Competitive Comparison of Sekur Private Data's Return-on-Tangible-Equity

For the Software - Application subindustry, Sekur Private Data'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.


Sekur Private Data's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Sekur Private Data's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sekur Private Data's Return-on-Tangible-Equity falls into.



Sekur Private Data Return-on-Tangible-Equity Calculation

Sekur Private Data's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-4.754/( (2.049+1.15 )/ 2 )
=-4.754/1.5995
=-297.22 %

Sekur Private Data's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-1.308/( (1.15+1.017)/ 2 )
=-1.308/1.0835
=-120.72 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sekur Private Data  (XCNQ:SKUR) 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.


Sekur Private Data Return-on-Tangible-Equity Related Terms

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


Sekur Private Data (XCNQ:SKUR) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, First Canadian Place, Toronto, ON, CAN, M5X 1C9
Sekur Private Data Ltd is a software company. It is a distributor and license holder of secure cloud-based storage, document management, encrypted emails, and secure communication tools. The products of the company include Digital Safe, Priva Talk, and Sekur. The company sells the products through resellers and other distribution channels such as managed service providers, Internet service providers, and telecommunication companies.
Executives
Claudio Paolo Raffaele Alberti Director

Sekur Private Data (XCNQ:SKUR) Headlines

No Headlines