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Meta Data (Meta Data) Return-on-Tangible-Equity

: Negative Tangible Equity% (As of Aug. 2023)
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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. Meta Data's annualized net income for the quarter that ended in Aug. 2023 was $1,507.71 Mil. Meta Data's average shareholder tangible equity for the quarter that ended in Aug. 2023 was $-24.46 Mil. Therefore, Meta Data's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was Negative Tangible Equity%.

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

AIU' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 64.03   Med: 72.94   Max: 257.03
Current: Negative Tangible Equity

During the past 9 years, Meta Data's highest Return-on-Tangible-Equity was 257.03%. The lowest was 64.03%. And the median was 72.94%.

AIU's Return-on-Tangible-Equity is ranked better than
99.58% of 236 companies
in the Education industry
Industry Median: 10.13 vs AIU: Negative Tangible Equity

Meta Data Return-on-Tangible-Equity Historical Data

The historical data trend for Meta Data'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.

Meta Data Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 72.94 - - - Negative Tangible Equity

Meta Data Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 - - - - Negative Tangible Equity

Competitive Comparison

For the Education & Training Services subindustry, Meta Data'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.


Meta Data Return-on-Tangible-Equity Distribution

For the Education industry and Consumer Defensive sector, Meta Data's Return-on-Tangible-Equity distribution charts can be found below:

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



Meta Data Return-on-Tangible-Equity Calculation

Meta Data's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=694.495/( (-777.823+4.794 )/ 2 )
=694.495/-386.5145
=Negative Tangible Equity %

Meta Data's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: Feb. 2023 )(Q: Aug. 2023 )
=1507.714/( (-53.708+4.794)/ 2 )
=1507.714/-24.457
=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 two times the semi-annual (Aug. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Meta Data  (NYSE:AIU) 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.


Meta Data Return-on-Tangible-Equity Related Terms

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


Meta Data (Meta Data) Business Description

Traded in Other Exchanges
Address
45-47 Au Pui Wan Street, Flat H 3/F, Haribest Industrial Building, Sha Tin New Territorie, Hong Kong, HKG
Meta Data Ltd is engaged in artificial intelligent education service (AIE) and artificial intelligent universe (AIU) IAAS service. AIE is to build an intelligent training system based on intelligent training plat-from to provide the maximum immersive experience and the technical foundation for learning, and implementation in RT3D with 360-degree landscape. AIU IAAS service provides software & hardware infrastructure (IAAS) to Metaverse business operator or individual users. Company classified business segment into Artificial Intelligent Education (AIE) service and Artificial Intelligent Universe (AIU) IAAS service. The company generates all of its revenue in the PRC.
Executives
Yiheng Capital, Llc 10 percent owner 101 CALIFORNIA STREET, SUITE 2880, San Francisco CA 94111