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DigitalGlobe (DigitalGlobe) Return-on-Tangible-Equity : 2.07% (As of Jun. 2017)


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What is DigitalGlobe 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. DigitalGlobe's annualized net income for the quarter that ended in Jun. 2017 was $10.8 Mil. DigitalGlobe's average shareholder tangible equity for the quarter that ended in Jun. 2017 was $520.8 Mil. Therefore, DigitalGlobe's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was 2.07%.

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

DGI's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.65
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

DigitalGlobe Return-on-Tangible-Equity Historical Data

The historical data trend for DigitalGlobe'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.

DigitalGlobe Return-on-Tangible-Equity Chart

DigitalGlobe Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.96 -9.83 2.18 3.00 4.28

DigitalGlobe Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 7.16 8.72 -6.19 -1.72 2.07

Competitive Comparison of DigitalGlobe's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, DigitalGlobe'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.


DigitalGlobe's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DigitalGlobe's Return-on-Tangible-Equity distribution charts can be found below:

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



DigitalGlobe Return-on-Tangible-Equity Calculation

DigitalGlobe's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=26.5/( (731.1+507.8 )/ 2 )
=26.5/619.45
=4.28 %

DigitalGlobe's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=10.8/( (513+528.6)/ 2 )
=10.8/520.8
=2.07 %

* 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. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DigitalGlobe  (NYSE:DGI) 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.


DigitalGlobe Return-on-Tangible-Equity Related Terms

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


DigitalGlobe (DigitalGlobe) Business Description

Traded in Other Exchanges
N/A
Address
DigitalGlobe is one of the leading global providers of high-resolution Earth-imagery products and services. It owns satellites and utilizes other third-party image providers to produce the images. The content may be used in a multitude of industries, including defense, mapping, environmental, and oil and gas exploration, as well as for civil agencies. The company collects, processes, and distributes to customers around the world, and the imagery may be processed to customers' specifications. Products and services are sold through direct and indirect channels, consisting of a global network of resellers, strategic partners, direct enterprise sales, and online services. The U.S. government accounts for roughly two thirds of total revenue.
Executives
Warren Jenson director 30 FREDRICK AVE, ATHERTON CA 94027
Walter S. Scott officer: EVP and CTO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Daniel L Jablonsky officer: SVP, GC and Secretary 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Howell M Estes director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Jeffrey R Tarr director, officer: President and CEO DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Lawrence A Hough director 84 INVERNESS CIRCLE EAST ENGLEWOOD CO 80112
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Mason L Roger Jr. director 1300 W 120TH AVENUE, WESTMINSTER CO 80234
Gary W Ferrera officer: EVP, Chief Financial Officer 3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Roxanne J Decyk director 2801 80TH STREET, KENOSHA WI 53143
Grover Wray officer: SVP, Chief HR Officer DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Nick Cyprus director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Jose Torres officer: Chief Accounting Officer 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
James M Whitehurst director IBM CORPORATION, ONE NEW ORCHARD RD, ARMONK NY 10504-1722
Nathan M. Troup other: VP, CAO & Controller 1601 DRY CREEK DRIVE STE. 260 LONGMONT CO 80503

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