GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV (MEX:IDEALB-1) » Definitions » Return-on-Tangible-Equity

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (MEX:IDEALB-1) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2024)


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What is Impulsora del Desarrollo Y El Empleo En America LatinaB de CV 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. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized net income for the quarter that ended in Jun. 2024 was MXN8,556 Mil. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's average shareholder tangible equity for the quarter that ended in Jun. 2024 was MXN-31,525 Mil. Therefore, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was Negative Tangible Equity%.

The historical rank and industry rank for Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Return-on-Tangible-Equity or its related term are showing as below:

MEX:IDEALB-1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

MEX:IDEALB-1's Return-on-Tangible-Equity is ranked better than
99.94% of 1634 companies
in the Construction industry
Industry Median: 8.06 vs MEX:IDEALB-1: Negative Tangible Equity

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Return-on-Tangible-Equity Historical Data

The historical data trend for Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Return-on-Tangible-Equity Chart

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Return-on-Tangible-Equity

For the Infrastructure Operations subindustry, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Return-on-Tangible-Equity falls into.



Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Return-on-Tangible-Equity Calculation

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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 )
=6823.742/( (-33359.44+-34201.949 )/ 2 )
=6823.742/-33780.6945
=Negative Tangible Equity %

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=8555.596/( (-32621.411+-30427.604)/ 2 )
=8555.596/-31524.5075
=Negative Tangible Equity %

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


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV  (MEX:IDEALB-1) 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.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Lago Zurich 245, Edificio Presa Falcon, 17th floor, Ampliacion Granada, Mexico, DF, MEX, 11529
Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV, or IDEAL, is a Mexican construction and engineering company. The company operates through five main reporting lines: toll roads, service, sale of electricity, prison services, and other. Toll roads, which generates the vast majority of revenue, constructs, operates, and maintains domestic toll roads. Prison services, the next most significant segment, generates income from the operation and maintenance of rehabilitation centres within Mexico.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Headlines

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