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Janus Capital Group (Janus Capital Group) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Mar. 2017)


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What is Janus Capital Group 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. Janus Capital Group's annualized net income for the quarter that ended in Mar. 2017 was $124 Mil. Janus Capital Group's average shareholder tangible equity for the quarter that ended in Mar. 2017 was $-304 Mil. Therefore, Janus Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 was Negative Tangible Equity%.

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

JNS's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 4.62
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Janus Capital Group Return-on-Tangible-Equity Historical Data

The historical data trend for Janus Capital 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.

* Premium members only.

Janus Capital Group Return-on-Tangible-Equity Chart

Janus Capital Group 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Janus Capital Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Janus Capital Group's Return-on-Tangible-Equity

For the Asset Management subindustry, Janus Capital 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.


Janus Capital Group's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Capital Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Janus Capital Group Return-on-Tangible-Equity Calculation

Janus Capital Group'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 )
=146.1/( (-372.6+-310.5 )/ 2 )
=146.1/-341.55
=Negative Tangible Equity %

Janus Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=123.6/( (-310.5+-297)/ 2 )
=123.6/-303.75
=Negative Tangible 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 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. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Janus Capital Group  (NYSE:JNS) 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.


Janus Capital Group Return-on-Tangible-Equity Related Terms

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


Janus Capital Group (Janus Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
Janus Capital Group provides investment management services to individual and institutional investors. Assets are managed through three main subsidiaries: Janus, which focuses on growth-driven equity and fixed-income strategies; Intech, which offers mathematically driven equity strategies; and Perkins, which focuses on value-driven equity strategies. At the end of 2016, Janus had $196.8 billion in total AUM invested in equity (74%), fixed-income (24%), exchange-traded (1%) and money market funds.
Executives
Arnold A Pinkston director 151 DETROIT STREET, DENVER CO 80206
J Richard Fredericks director 151 DETROIT STREET DENVER CO 80206
Richard M Weil director, officer: Chief Executive Officer 151 DETROIT STREET, DENVER CO 80206
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206
Bruce L Koepfgen officer: President 151 DETROIT STREET, DENVER CO 80206
Billie Ida Williamson director 151 DETROIT STREET, DENVER CO 80206
Timothy K Armour director C/O JANUS CAPITAL GROUP INC., 151 DETROIT STREET, DENVER CO 80206
George S Batejan officer: EVP, Head of IT and Operations 151 DETROIT STREET, DENVER CO 80206
Robin C Beery officer: EVP, Head of U.S. Distribution JANUS CAPITAL GROUP INC., 151 DETROIT STREET, DENVER CO 80206
Jock Patton director 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Robert T Parry director 4500 PARK GRANADA, CALABASAS CA 91302
Steven Scheid director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
Landon H Rowland director 151 DETROIT ST DENVER CO 80206
Gary D Black director, officer: CEO 2020 CALAMOS COURT, NAPERVILLE IL 60563
Scott S Grace officer: SVP and Treasurer C/O NUVEEN INVESTMENTS, SUITE 2900, 333 W. WACKER DRIVE, CHICAGO IL 60606

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