Tyco International (BUE:JCI) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2016)

Tyco International Return-on-Tangible-Equity Chart

Tyco International Annual Data
	Trend	Sep06	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15
Return-on-Tangible-Equity		Get a 7-Day Free Trial					33.82	11.71	3,955.10	Negative Tangible Equity	Negative Tangible Equity

Tyco International Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Return-on-Tangible-Equity	Get a 7-Day Free Trial															Negative Tangible Equity	Negative Tangible Equity	Negative Tangible Equity	Negative Tangible Equity	Negative Tangible Equity

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

For the Security & Protection Services subindustry, Tyco 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.

Tyco International's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tyco International's Return-on-Tangible-Equity distribution charts can be found below:

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

Tyco International Return-on-Tangible-Equity Calculation

Tyco International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2015 is calculated as

Tyco International's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 is calculated as

* 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 (Jun. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Tyco International  (BUE:JCI) 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.

Tyco International Return-on-Tangible-Equity Related Terms

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Tyco International (BUE:JCI) Business Description