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Ameritrans Capital (Ameritrans Capital) Return-on-Tangible-Equity : 0.00% (As of Mar. 2013)


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What is Ameritrans Capital 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. Ameritrans Capital's annualized net income for the quarter that ended in Mar. 2013 was $-16.02 Mil. Ameritrans Capital's average shareholder tangible equity for the quarter that ended in Mar. 2013 was $-8.74 Mil. Therefore, Ameritrans Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2013 was N/A%.

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

AMTPQ.PFD's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 5.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Ameritrans Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Ameritrans Capital'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.

Ameritrans Capital Return-on-Tangible-Equity Chart

Ameritrans Capital Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.54 -30.39 -54.21 -109.37 -

Ameritrans Capital Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 - - - - -

Competitive Comparison of Ameritrans Capital's Return-on-Tangible-Equity

For the Asset Management subindustry, Ameritrans Capital'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.


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

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

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



Ameritrans Capital Return-on-Tangible-Equity Calculation

Ameritrans Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=-5.462/( (2.236+-3.563 )/ 2 )
=-5.462/-0.6635
=N/A %

Ameritrans Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=-16.024/( (-6.725+-10.747)/ 2 )
=-16.024/-8.736
=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 four times the quarterly (Mar. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ameritrans Capital  (OTCPK:AMTPQ.PFD) 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.


Ameritrans Capital Return-on-Tangible-Equity Related Terms

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


Ameritrans Capital (Ameritrans Capital) Business Description

Traded in Other Exchanges
N/A
Address
50 Jericho Quadrange, Suite 109, Jericho, NY, USA, 11753
Ameritrans Capital Corp is a closed-end investment company. The company makes loans and investments with the goal of generating both current income and capital appreciation.

Ameritrans Capital (Ameritrans Capital) Headlines