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Learning Tree International (Learning Tree International) ROE %

: Negative Equity% (As of Sep. 2018)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Learning Tree International's annualized net income for the quarter that ended in Sep. 2018 was $1.20 Mil. Learning Tree International's average Total Stockholders Equity over the quarter that ended in Sep. 2018 was $-14.03 Mil. Therefore, Learning Tree International's annualized ROE % for the quarter that ended in Sep. 2018 was Negative Equity%.

The historical rank and industry rank for Learning Tree International's ROE % or its related term are showing as below:

LTRE's ROE % is not ranked *
in the Education industry.
Industry Median: 6.02
* Ranked among companies with meaningful ROE % only.

Learning Tree International ROE % Historical Data

The historical data trend for Learning Tree International's ROE % 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.

Learning Tree International Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 -133.44 - - -

Learning Tree International Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
ROE % 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 Premium Member Only Premium Member Only Premium Member Only Negative Equity Negative Equity - - Negative Equity

Competitive Comparison

For the Education & Training Services subindustry, Learning Tree International's ROE %, along with its competitors' market caps and ROE % 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.


Learning Tree International ROE % Distribution

For the Education industry and Consumer Defensive sector, Learning Tree International's ROE % distribution charts can be found below:

* The bar in red indicates where Learning Tree International's ROE % falls into.



Learning Tree International ROE % Calculation

Learning Tree International's annualized ROE % for the fiscal year that ended in Sep. 2018 is calculated as

ROE %=Net Income (A: Sep. 2018 )/( (Total Stockholders Equity (A: Sep. 2017 )+Total Stockholders Equity (A: Sep. 2018 ))/ count )
=-2.059/( (-11.822+-13.916)/ 2 )
=-2.059/-12.869
=N/A %

Learning Tree International's annualized ROE % for the quarter that ended in Sep. 2018 is calculated as

ROE %=Net Income (Q: Sep. 2018 )/( (Total Stockholders Equity (Q: Jun. 2018 )+Total Stockholders Equity (Q: Sep. 2018 ))/ count )
=1.2/( (-14.153+-13.916)/ 2 )
=1.2/-14.0345
=Negative 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2018) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Learning Tree International  (OTCPK:LTRE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=1.2/-14.0345
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.2 / 69.296)*(69.296 / 23.784)*(23.784 / -14.0345)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.73 %*2.9136*N/A
=ROA %*Equity Multiplier
=5.04 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=1.2/-14.0345
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.2 / 1.472) * (1.472 / 2.144) * (2.144 / 69.296) * (69.296 / 23.784) * (23.784 / -14.0345)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8152 * 0.6866 * 3.09 % * 2.9136 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Learning Tree International ROE % Related Terms

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Learning Tree International (Learning Tree International) Business Description

Traded in Other Exchanges
N/A
Address
13650 Dulles Technology Drive, Suite 400, Herndon, VA, USA, 20171
Learning Tree International Inc provides education and training in information technology. Its proprietary library of course titles focuses on client-server systems, computer networks, operating systems, databases, programming, graphical user interfaces, object-oriented technology, and IT management. Its courses are offered in hotels, conference facilities, and customer sites.
Executives
Alimco Financial Corp other: See Remarks 2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Gracia C Martore director C/O OMNICOM GROUP INC., 437 MADISON AVENUE, NEW YORK NY 10022
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Osmium Capital Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Spartan L P 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis 10 percent owner 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Capital Ii, Lp 10 percent owner 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Sarah Fisher Gardial director PO BOX 73909, CEDAR RAPIDS IA 52407-3909
Miller Lloyd I Iii 10 percent owner
Curtis A Hessler director 1805 LIBRARY STREET, SUITE 300, RESTON VA 20190
Bain Howard A Iii director 10200 S DEANZA BLVD, CUPERTINO CA 95014
George T Robson director 1805 LIBRARY STREET, RESTON VA 20190
Godbold Wilford D Jr director 5818 EL CAMINO REAL, CARLSBAD CA 92008

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