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CYS Investments (CYS Investments) Return-on-Tangible-Equity : -28.92% (As of Mar. 2018)


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What is CYS Investments 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. CYS Investments's annualized net income for the quarter that ended in Mar. 2018 was $-434.03 Mil. CYS Investments's average shareholder tangible equity for the quarter that ended in Mar. 2018 was $1,500.60 Mil. Therefore, CYS Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 was -28.92%.

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

CYS's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.47
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CYS Investments Return-on-Tangible-Equity Historical Data

The historical data trend for CYS Investments'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.

CYS Investments Return-on-Tangible-Equity Chart

CYS Investments Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.81 22.74 -0.26 1.01 11.66

CYS Investments Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 8.88 13.12 22.44 2.22 -28.92

Competitive Comparison of CYS Investments's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, CYS Investments'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.


CYS Investments's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CYS Investments's Return-on-Tangible-Equity distribution charts can be found below:

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



CYS Investments Return-on-Tangible-Equity Calculation

CYS Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=181.261/( (1535.719+1574.247 )/ 2 )
=181.261/1554.983
=11.66 %

CYS Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=-434.032/( (1574.247+1426.945)/ 2 )
=-434.032/1500.596
=-28.92 %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CYS Investments  (NYSE:CYS) 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.


CYS Investments Return-on-Tangible-Equity Related Terms

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


CYS Investments (CYS Investments) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CYS Investments Inc is a specialty finance company with the objective of risk-adjusted investment income. The company generates its revenue primarily from the difference between the interest income earned on the investment portfolio and the cost of the company's borrowings and hedging activities. The company's investments include residential mortgage pass-through securities, for which the principal and interest payments are guaranteed by a government agency or government-sponsored entity; collateralised mortgage obligations issued by a government agency or government-sponsored entity; U.S. Treasuries; and debt securities issued by a government agency or a government-sponsored entity that is not backed by collateral.
Executives
Redlingshafer Raymond A Jr director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Dale Anne Reiss director 589 KINZIE ISLAND COURT, SANIBEL FL 33957
James A Stern director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Kevin E Grant director, officer: Chairman, CEO, CIO, President 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Thomas A Rosenbloom officer: EVP, GC, and Secretary 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Richard E Cleary officer: COO and Assistant Secretary 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Tanya S Beder director 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Jack Decicco officer: CFO and Treasurer 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Karen Hammond director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen P. Jonas director 25 BEAVER PLACE, BOSTON MA 02108
David A Tyson director CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902
Jeffrey Hughes director 811 HANSEN WAY, PALO ALTO CA 94303
Frances Spark officer: CFO and Treasurer C/O AGNC INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Douglas Ii Crocker director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Ryan Randall Brenneman officer: Chief Accounting Officer C/O EYEGATE PHARMACEUTICALS, INC., 271 WAVERLEY OAKS ROAD, SUITE 108, WALTHAM MA 02452