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5G Networks (5G Networks) Return-on-Tangible-Equity : 0.00% (As of Jun. 2023)


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What is 5G Networks 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. 5G Networks's annualized net income for the quarter that ended in Jun. 2023 was $-12.76 Mil. 5G Networks's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $-35.72 Mil. Therefore, 5G Networks's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.

The historical rank and industry rank for 5G Networks's Return-on-Tangible-Equity or its related term are showing as below:

During the past 13 years, 5G Networks's highest Return-on-Tangible-Equity was 236.68%. The lowest was 0.00%. And the median was 118.99%.

MLBEF's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.125
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

5G Networks Return-on-Tangible-Equity Historical Data

The historical data trend for 5G Networks'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.

5G Networks Return-on-Tangible-Equity Chart

5G Networks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
Return-on-Tangible-Equity
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5G Networks Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
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Competitive Comparison of 5G Networks's Return-on-Tangible-Equity

For the Telecom Services subindustry, 5G Networks'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.


5G Networks's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, 5G Networks's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where 5G Networks's Return-on-Tangible-Equity falls into.



5G Networks Return-on-Tangible-Equity Calculation

5G Networks's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-12.764/( (-30.456+-40.991 )/ 2 )
=-12.764/-35.7235
=N/A %

5G Networks's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Jun. 2022 )(Q: Jun. 2023 )
=-12.764/( (-30.456+-40.991)/ 2 )
=-12.764/-35.7235
=N/A %

* 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 one times the annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


5G Networks  (OTCPK:MLBEF) 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.


5G Networks Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of 5G Networks's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


5G Networks (5G Networks) Business Description

Traded in Other Exchanges
Address
505 Little Collins Street, Level 7, Melbourne, VIC, AUS, 3000
Webcentral Ltd is an Australia-based digital services company engaged in providing domain management, website development and hosting, office and productivity applications, and online marketing. The company's segment includes Data Centres, Networks and Cloud Applications; Managed Services and Webcentral. It generates maximum revenue from the Webcentral segment, which provides Webcentral domains, email, web hosting and digital marketing business.

5G Networks (5G Networks) Headlines

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