Arafura Pearls Holdings Limited (ASX:APB) Return-on-Tangible-Equity : 0.00% (As of . 20)

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What is Arafura Pearls Holdings Limited 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. Arafura Pearls Holdings Limited's annualized net income for the quarter that ended in . 20 was A$ Mil. Arafura Pearls Holdings Limited's average shareholder tangible equity for the quarter that ended in . 20 was A$ Mil. Therefore, Arafura Pearls Holdings Limited's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Arafura Pearls Holdings Limited's Return-on-Tangible-Equity or its related term are showing as below:

ASX:APB's Return-on-Tangible-Equity is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.79
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Arafura Pearls Holdings Limited Return-on-Tangible-Equity Historical Data

The historical data trend for Arafura Pearls Holdings Limited'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.

Arafura Pearls Holdings Limited Return-on-Tangible-Equity Chart

Arafura Pearls Holdings Limited Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Return-on-Tangible-Equity

17.14

32.29

6.97

-75.05

Arafura Pearls Holdings Limited Semi-Annual Data

Return-on-Tangible-Equity

Competitive Comparison of Arafura Pearls Holdings Limited's Return-on-Tangible-Equity

For the Apparel Manufacturing subindustry, Arafura Pearls Holdings Limited'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.

Arafura Pearls Holdings Limited's Return-on-Tangible-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arafura Pearls Holdings Limited's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Arafura Pearls Holdings Limited's Return-on-Tangible-Equity falls into.

Arafura Pearls Holdings Limited Return-on-Tangible-Equity Calculation

Arafura Pearls Holdings Limited's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2010 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Jun. 2010 )		(A: Jun. 2009 )		(A: Jun. 2010 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Jun. 2010 )		(A: Jun. 2009 )		(A: Jun. 2010 )
	=	-28.21	/	( (49.146	+	26.034 )	/ 2 )
	=	-28.21	/	37.59
	=	-75.05 %

Arafura Pearls Holdings Limited's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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 (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Arafura Pearls Holdings Limited (ASX:APB) 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.

Arafura Pearls Holdings Limited Return-on-Tangible-Equity Related Terms

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