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Global AI (Global AI) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


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What is Global AI 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. Global AI's annualized net income for the quarter that ended in Mar. 2024 was $-1.38 Mil. Global AI's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $-0.13 Mil. Therefore, Global AI's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.

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

GLAI's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 12.09
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Global AI Return-on-Tangible-Equity Historical Data

The historical data trend for Global AI'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.

Global AI Return-on-Tangible-Equity Chart

Global AI Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Tangible Equity Negative Tangible Equity - Negative Tangible Equity

Global AI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Global AI's Return-on-Tangible-Equity

For the Consulting Services subindustry, Global AI'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.


Global AI's Return-on-Tangible-Equity Distribution in the Business Services Industry

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

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



Global AI Return-on-Tangible-Equity Calculation

Global AI's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2022 )  (A: Sep. 2021 )(A: Sep. 2022 )
=0.001/( (-0.087+-0.086 )/ 2 )
=0.001/-0.0865
=Negative Tangible Equity %

Global AI's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-1.384/( (-0.052+-0.198)/ 2 )
=-1.384/-0.125
=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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Global AI  (OTCPK:GLAI) 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.


Global AI Return-on-Tangible-Equity Related Terms

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Global AI (Global AI) Business Description

Traded in Other Exchanges
N/A
Address
110 Front Street, Suite 300, Jupiter, FL, USA, 33477
Wall Street Media Co Inc provides consulting and management services to entities looking to merge with or acquire or otherwise consult with third-party entities.
Executives
Ronald G. Teblum director, 10 percent owner, officer: CEO 10635 NW 66TH CRT., PARKLAND FL 33076
Jerrold Dean Burden director, 10 percent owner, officer: CFO/Secretary/Treasurer 2153 IMPERIAL POINT DRIVE, FORT LAUDERDALE FL 33308

Global AI (Global AI) Headlines

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