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LDK Solar Company, (FRA:LD41) Return-on-Tangible-Equity : 0.00% (As of Jun. 2015)


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What is LDK Solar Company, 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. LDK Solar Company,'s annualized net income for the quarter that ended in Jun. 2015 was €-251.6 Mil. LDK Solar Company,'s average shareholder tangible equity for the quarter that ended in Jun. 2015 was €-2,214.9 Mil. Therefore, LDK Solar Company,'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 was N/A%.

The historical rank and industry rank for LDK Solar Company,'s Return-on-Tangible-Equity or its related term are showing as below:

During the past 10 years, LDK Solar Company,'s highest Return-on-Tangible-Equity was 85.32%. The lowest was -111.35%. And the median was 9.82%.

FRA:LD41's Return-on-Tangible-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 5.11
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

LDK Solar Company, Return-on-Tangible-Equity Historical Data

The historical data trend for LDK Solar Company,'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.

LDK Solar Company, Return-on-Tangible-Equity Chart

LDK Solar Company, Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.51 -111.77 - - -

LDK Solar Company, Semi-Annual Data
Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 LDK Solar Company,'s Return-on-Tangible-Equity

For the Solar subindustry, LDK Solar Company,'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.


LDK Solar Company,'s Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, LDK Solar Company,'s Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where LDK Solar Company,'s Return-on-Tangible-Equity falls into.



LDK Solar Company, Return-on-Tangible-Equity Calculation

LDK Solar Company,'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-216.433/( (-1686.72+-2056.776 )/ 2 )
=-216.433/-1871.748
=N/A %

LDK Solar Company,'s annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2015 )  (Q: Dec. 2014 )(Q: Jun. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2015 )  (Q: Dec. 2014 )(Q: Jun. 2015 )
=-251.56/( (-2056.776+-2372.978)/ 2 )
=-251.56/-2214.877
=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 two times the semi-annual (Jun. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


LDK Solar Company,  (FRA:LD41) 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.


LDK Solar Company, Return-on-Tangible-Equity Related Terms

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


LDK Solar Company, (FRA:LD41) Business Description

Traded in Other Exchanges
N/A
Address
Hi-Tech Industrial Park, Xinyu, Jiangxi, CHN, 338032
LDK Solar is a vertically integrated solar manufacturer active at multiple points of the supply chain. The company has one of the largest solar wafer production footprints in the world.

LDK Solar Company, (FRA:LD41) Headlines

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