GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FelCor Lodging Trust Inc (NYSE:FCH) » Definitions » Return-on-Tangible-Equity

FelCor Lodging Trust (FelCor Lodging Trust) Return-on-Tangible-Equity : -5.65% (As of Jun. 2017)


View and export this data going back to 1994. Start your Free Trial

What is FelCor Lodging Trust 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. FelCor Lodging Trust's annualized net income for the quarter that ended in Jun. 2017 was $-7.0 Mil. FelCor Lodging Trust's average shareholder tangible equity for the quarter that ended in Jun. 2017 was $124.6 Mil. Therefore, FelCor Lodging Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was -5.65%.

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

FCH's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.635
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

FelCor Lodging Trust Return-on-Tangible-Equity Historical Data

The historical data trend for FelCor Lodging Trust'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.

FelCor Lodging Trust Return-on-Tangible-Equity Chart

FelCor Lodging Trust 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 -26.77 -17.94 31.01 -3.15 1.58

FelCor Lodging Trust 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 24.42 -9.85 0.27 -91.68 -5.65

Competitive Comparison of FelCor Lodging Trust's Return-on-Tangible-Equity

For the REIT - Hotel & Motel subindustry, FelCor Lodging Trust'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.


FelCor Lodging Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

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

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



FelCor Lodging Trust Return-on-Tangible-Equity Calculation

FelCor Lodging Trust'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 )
=3.498/( (260.153+181.297 )/ 2 )
=3.498/220.725
=1.58 %

FelCor Lodging Trust'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 )
=-7.036/( (132.055+117.082)/ 2 )
=-7.036/124.5685
=-5.65 %

* 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.


FelCor Lodging Trust  (NYSE:FCH) 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.


FelCor Lodging Trust Return-on-Tangible-Equity Related Terms

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


FelCor Lodging Trust (FelCor Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
FelCor Lodging Trust Inc. is a U.S.-based real estate investment trust that invests in upper-upscale, upscale, upper-midscale and independent hotel resort markets located in the U.S. and Canada. Through its subsidiary, FelCor Lodging Limited Partnership, or FelCor LP, the company holds ownership interests in the hotels in its portfolio. The firm operates through a single segment because of the similar economic characteristics of its hotels. The majority of the company's revenue is derived from its California properties. The firm's revenue streams include Room, Food and beverage, and Other operating departments revenue. Room comprises the majority of total revenue. FelCor's hotels operate under major brands, including Hilton, Marriott, Renaissance, Sheraton, Westin, and Holiday Inn.
Executives
Steven R Goldman director, officer: CEO 777 WESTCHESTER AVENUE, C/O STARWOOD HOTELS & RESORTS WORLDWIDE, WHITEPLAIN NY 10604
Patricia L Gibson director 545 E JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Michael C. Hughes officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Christopher J Hartung director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Glenn A Carlin director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Mark D Rozells director 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Thomas C Hendrick officer: EVP, Chief Investment Officer 18716 WAINSBOROUGH LANE, DALLAS TX 75287
Troy A Pentecost officer: President, COO 545 EAST JOHN CARPENTER FREEWAY, SUITE 1300, IRVING TX 75062
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Robert F Cotter director C/O FELCOR LODGING TRUST INCORPORATED, 545 E. JOHN CARPENTER FREEWAY, #1300, IRVING TX 75062
Lutz Robert H Jr director
Corcoran Thomas J Jr director, officer: Chairman 545 E JOHN CARPENTER, STE 1300, IRVING TX 75062
Jeffrey D Symes officer: SVP, Chief Accounting Officer 545 E. JOHN CARPENTER FWY., SUITE 1300, IRVING TX 75062
Ledsinger Charles A Jr director 545 E JOHN CARPENTER FRWY #1300, IRVING TX 75062
Jonathan H Yellen officer: EVP, GC & Secretary COMMONWEALTH HALL AT OLD PARKLAND, 3899 MAPLE AVENUE, SUITE 410, DALLAS TX 75219

FelCor Lodging Trust (FelCor Lodging Trust) Headlines

From GuruFocus

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 82,899 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 6,279 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

Weekly CFO Buys Highlight: FCH, ZOOM, BNVI, SNBC

By gurujk gurujk 04-04-2011

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 14,690 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 18,941 Shares

By GuruFocus Research GuruFocus Editor 03-16-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 9,631 Shares

By GuruFocus Research GuruFocus Editor 03-19-2010

FelCor Lodging Trust Inc. (FCH) CEO Richard Allen Smith buys 44,305 Shares

By GuruFocus Research GuruFocus Editor 03-11-2010

FelCor Lodging Trust Inc. (FCH) Chairman Thomas J Jr Corcoran buys 37,224 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010

FelCor Lodging Trust Inc. (FCH) CFO Andrew J Welch buys 27,486 Shares

By GuruFocus Research GuruFocus Editor 03-08-2010