GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » American Picture House Corp (OTCPK:APHP) » Definitions » Return-on-Tangible-Equity

American Picture House (American Picture House) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is American Picture House 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. American Picture House's annualized net income for the quarter that ended in Mar. 2024 was $-5.98 Mil. American Picture House's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $-0.09 Mil. Therefore, American Picture House's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.

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

APHP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4798.01   Med: 0   Max: 0
Current: -4798.01

APHP's Return-on-Tangible-Equity is ranked worse than
99.78% of 905 companies
in the Media - Diversified industry
Industry Median: 5.41 vs APHP: -4798.01

American Picture House Return-on-Tangible-Equity Historical Data

The historical data trend for American Picture House'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.

American Picture House Return-on-Tangible-Equity Chart

American Picture House Annual Data
Trend Dec22 Dec23
Return-on-Tangible-Equity
- -

American Picture House Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Negative Tangible Equity - -601.78 -936.36 -

Competitive Comparison of American Picture House's Return-on-Tangible-Equity

For the Entertainment subindustry, American Picture House'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.


American Picture House's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, American Picture House's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where American Picture House's Return-on-Tangible-Equity falls into.



American Picture House Return-on-Tangible-Equity Calculation

American Picture House's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.366/( (-0.189+0.015 )/ 2 )
=-1.366/-0.087
=N/A %

American Picture House's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-5.984/( (0.015+-0.201)/ 2 )
=-5.984/-0.093
=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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


American Picture House  (OTCPK:APHP) 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.


American Picture House Return-on-Tangible-Equity Related Terms

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


American Picture House (American Picture House) Business Description

Traded in Other Exchanges
N/A
Address
555 Madison Avenue 5 FL, New York, NY, USA, 10022
American Picture House Corp is an entertainment company that develops, options, and licenses intellectual properties related to the entertainment industry to produce commercially viable content for distribution to the market and also provides to customers that develop options, and license IP in the entertainment industry and in other industries consulting services. It develops options and licenses intellectual properties for commercialization and distribution, including the right to finance and co-produce feature films and limited series shows.

American Picture House (American Picture House) Headlines

From GuruFocus

American Picture House Corporate Update

By Marketwired 09-06-2023