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AirTrona International (AirTrona International) Return-on-Tangible-Equity : 0.00% (As of Aug. 2011)


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What is AirTrona International 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. AirTrona International's annualized net income for the quarter that ended in Aug. 2011 was $-0.47 Mil. AirTrona International's average shareholder tangible equity for the quarter that ended in Aug. 2011 was $-0.37 Mil. Therefore, AirTrona International's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2011 was N/A%.

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

ARTR's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.5
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

AirTrona International Return-on-Tangible-Equity Historical Data

The historical data trend for AirTrona International'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.

AirTrona International Return-on-Tangible-Equity Chart

AirTrona International Annual Data
Trend Nov06 Nov07 Nov08 Nov09 Nov10
Return-on-Tangible-Equity
- -248.89 - - -

AirTrona International Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 May11 Aug11
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 - - - - -

Competitive Comparison of AirTrona International's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, AirTrona International'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.


AirTrona International's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AirTrona International's Return-on-Tangible-Equity distribution charts can be found below:

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



AirTrona International Return-on-Tangible-Equity Calculation

AirTrona International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2010 )  (A: Nov. 2009 )(A: Nov. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2010 )  (A: Nov. 2009 )(A: Nov. 2010 )
=-0.276/( (-0.379+-0.379 )/ 2 )
=-0.276/-0.379
=N/A %

AirTrona International's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2011 )  (Q: May. 2011 )(Q: Aug. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2011 )  (Q: May. 2011 )(Q: Aug. 2011 )
=-0.472/( (-0.372+-0.372)/ 2 )
=-0.472/-0.372
=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 (Aug. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AirTrona International  (OTCPK:ARTR) 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.


AirTrona International Return-on-Tangible-Equity Related Terms

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AirTrona International (AirTrona International) Business Description

Traded in Other Exchanges
N/A
Address
1040 South Service Road, Suite 102, Stoney Creek, ON, CAN, L8E 6G3
AirTrona International Inc provides commercial and industrial high-grade ozone generators for commercial, industrial and residential applications, including ozone sanitization and ozone laundry systems.

AirTrona International (AirTrona International) Headlines

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