APOL has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
APOL has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Apollo Education Group's annualized net income for the quarter that ended in Nov. 2016 was $16 Mil. Apollo Education Group's average shareholder tangible equity for the quarter that ended in Nov. 2016 was $612 Mil. Therefore, Apollo Education Group's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2016 was 2.66%.
The historical rank and industry rank for Apollo Education Group's Return-on-Tangible-Equity or its related term are showing as below:
The historical data trend for Apollo Education Group'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.
Apollo Education Group Annual Data | |||||||||||||||||||||
Trend | Aug07 | Aug08 | Aug09 | Aug10 | Aug11 | Aug12 | Aug13 | Aug14 | Aug15 | Aug16 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | 50.87 | 31.91 | 25.96 | 4.01 | -12.43 |
Apollo Education Group Quarterly Data | ||||||||||||||||||||
Feb12 | May12 | Aug12 | Nov12 | Feb13 | May13 | Aug13 | Nov13 | Feb14 | May14 | Aug14 | Nov14 | Feb15 | May15 | Aug15 | Nov15 | Feb16 | May16 | Aug16 | Nov16 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | -31.77 | -36.17 | 14.34 | 10.54 | 2.66 |
For the Education & Training Services subindustry, Apollo Education Group'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.
For the Education industry and Consumer Defensive sector, Apollo Education Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apollo Education Group's Return-on-Tangible-Equity falls into.
Apollo Education Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2016 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Aug. 2016 ) | (A: Aug. 2015 ) | (A: Aug. 2016 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Aug. 2016 ) | (A: Aug. 2015 ) | (A: Aug. 2016 ) | |||||
= | -84.554 | / | ( (754.124 | + | 606.489 ) | / 2 ) | |
= | -84.554 | / | 680.3065 | ||||
= | -12.43 % |
Apollo Education Group's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2016 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Nov. 2016 ) | (Q: Aug. 2016 ) | (Q: Nov. 2016 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Nov. 2016 ) | (Q: Aug. 2016 ) | (Q: Nov. 2016 ) | |||||
= | 16.28 | / | ( (606.489 | + | 617.83) | / 2 ) | |
= | 16.28 | / | 612.1595 | ||||
= | 2.66 % |
* 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 (Nov. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Apollo Education Group (NAS:APOL) 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.
Thank you for viewing the detailed overview of Apollo Education Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Sean Martin | officer: SVP, General Counsel | ONE BAXTER PARKWAY, DEERFIELD IL 60015 |
Ann Kirschner | director | 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652 |
Richard H Dozer | director | VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251 |
Robert S Murley | director | 4025 S. RIVERPOINT PARKWAY, M/S CF-K815, PHOENIX AZ 85040 |
James Mitchell Bowling | officer: SVP, COO | 4025 S RIVERPOINT PKWY MS CF-K808 PHOENIX AZ 85040 |
Terri C Bishop | director, officer: Vice Chairman | 4025 S RIVERPOINT PKWY, PHOENIX AZ 85040 |
Peter V Sperling | director, officer: Chairman of the Board | 4615 E ELWOOD, PHOENIX AZ 85040 |
Darby E Shupp | director | 4025 S RIVERPOINT PKWY, M/S CF-X01, PHOENIX AZ 85040 |
Gregory James Iverson | officer: SVP, CFO, CAO & Treasurer | 4025 S. RIVERPOINT PARKWAY, CF-K809, PHOENIX AZ 85040 |
Herberger Roy A Jr | director | 400 E VAN BUREN ST, PO BOX 52132, PHOENIX AZ 85072-2132 |
Matthew Jr Carter | director | 550 W ADAMS, STE 900, CHICAGO IL 60661 |
Manuel Felix Rivelo | director | 2312 MAGNOLIA BLVD. WEST, SEATTLE WA 98199 |
Brian L Swartz | officer: SVP & CFO | 4025 S RIVERPOINT PKWY MAIL-STOP CF-KX04 PHOENIX AZ 85040 |
P Robert Moya | officer: EVP, Special Projects | 4025 S RIVERPOINT PKWY, MS CF-KX01, PHOENIX AZ 85040 |
Di Piazza Samuel A Jr. | director | 100 BROOKWOOD PLACE, BIRMINGHAM AL 35209 |
From GuruFocus
By Holly LaFon Holly LaFon • 04-10-2013
By Holly LaFon Holly LaFon • 01-30-2017
By Dianne Tordillo Dianne Tordillo • 11-27-2012
By Holly LaFon • 07-29-2013
By GuruFocus GuruFocus • 06-30-2012
By gurufocus gurufocus • 06-26-2012
By Holly LaFon Holly LaFon • 02-05-2016
By GuruFocus GuruFocus • 06-04-2013
By OPM Insights Nelson Hsu • 10-15-2015
By Jonathan Poland Jonathan Poland • 11-30-2016
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.