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Emergent Capital (Emergent Capital) Return-on-Tangible-Equity : -7.00% (As of Aug. 2020)


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What is Emergent 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. Emergent Capital's annualized net income for the quarter that ended in Aug. 2020 was $-4.11 Mil. Emergent Capital's average shareholder tangible equity for the quarter that ended in Aug. 2020 was $58.76 Mil. Therefore, Emergent Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2020 was -7.00%.

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

EMGCQ's Return-on-Tangible-Equity is not ranked *
in the Insurance industry.
Industry Median: 11.82
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Emergent Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Emergent 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.

Emergent Capital Return-on-Tangible-Equity Chart

Emergent Capital Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Nov19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.70 -14.25 -25.27 -1.90 12.14

Emergent Capital Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 7,537.18 -22.32 102.91 32.76 -7.00

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

For the Insurance - Life subindustry, Emergent 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.


Emergent Capital's Return-on-Tangible-Equity Distribution in the Insurance Industry

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

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



Emergent Capital Return-on-Tangible-Equity Calculation

Emergent Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2019 )  (A: Dec. 2017 )(A: Nov. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2019 )  (A: Dec. 2017 )(A: Nov. 2019 )
=14.496/( (196.642+42.113 )/ 2 )
=14.496/119.3775
=12.14 %

Emergent Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2020 )  (Q: May. 2020 )(Q: Aug. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2020 )  (Q: May. 2020 )(Q: Aug. 2020 )
=-4.112/( (59.266+58.259)/ 2 )
=-4.112/58.7625
=-7.00 %

* 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. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Emergent Capital  (OTCPK:EMGCQ) 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.


Emergent Capital Return-on-Tangible-Equity Related Terms

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


Emergent Capital (Emergent Capital) Business Description

Traded in Other Exchanges
N/A
Address
5355 Town Center Road, Suite 701, Boca Raton, FL, USA, 33486
Emergent Capital Inc operates as a life insurance company. The firm invests primarily in life settlements, which provide liquidity for the owners of life insurance policies that face a short-term cash need or can no longer afford their insurance premiums. It also focuses on providing portfolio management services. The company receives maximum revenue in the form of interest income. Geographically, the company operates only in the United States of America market region.
Executives
Patrick J Curry director, 10 percent owner, officer: CEO 5601 WEST WACO DRIVE WACO TX 76710
Pjc Investments, Llc director, 10 percent owner 204 WOODHEW DRIVE WACO TX 76712
Robert C Knapp director C/O IRONSIDES PARTNERS LLC, 100 SUMMER STREET, SUITE 2705, BOSTON MA 02110
Miriam Martinez officer: CFO and Secretary C/O IMPERIAL HOLDINGS, INC. 701 PARK OF COMMERCE BLVD., SUITE 301 BOCA RATON FL 33487
Jack Simony officer: VP and CIO C/O EMERGENT CAPITAL, INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON FL 33486
Harvey Z. Werblowsky officer: VP, CLO and GC C/O EMERGENT CAPITAL, INC. 5355 TOWN CENTER ROAD, SUITE 701 BOCA RATON FL 33486
Matthew D Houk director 470 PARK AVENUE SOUTH 4TH FLOOR NEW YORK NY 10016
Roy Patterson director 17002 MARCY STREET OMAHA NE 68118
James G. Wolf director 105, FLYWAY DRIVE, KIAWAH ISLAND SC 29455
Patrick Thomas Brennan director 1 SEA BREEZE COURT NAPA CA 94559
Joseph E Sarachek director, 10 percent owner C/O TRIAX CAPITAL ADVISORS, LLC 620 FIFTH AVENUE, 2ND FLOOR NEW YORK NY 10020
Topco 1, Llc director, 10 percent owner C/O KELLEY DRYE & WARREN LLP 101 PARK AVENUE NEW YORK NY 10178
Jsarco, Llc director, 10 percent owner C/O KELLEY DRYE & WARREN LLP 101 PARK AVENUE NEW YORK NY 10178
Antony Mitchell other: Former CEO and Director 701 PARK OF COMMERCE BOULEVARD SUITE 301 BOCA RATON FL 33487
James Hua director 40 LAKE BELLEVUE DRIVE BELLEVUE WA 98108

Emergent Capital (Emergent Capital) Headlines