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Imperva (Imperva) Return-on-Tangible-Equity : 1.81% (As of Sep. 2018)


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What is Imperva 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. Imperva's annualized net income for the quarter that ended in Sep. 2018 was $4.2 Mil. Imperva's average shareholder tangible equity for the quarter that ended in Sep. 2018 was $233.5 Mil. Therefore, Imperva's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 was 1.81%.

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

IMPV's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.71
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Imperva Return-on-Tangible-Equity Historical Data

The historical data trend for Imperva'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.

Imperva Return-on-Tangible-Equity Chart

Imperva Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -28.91 -83.22 -39.09 -36.66 9.91

Imperva Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -0.58 5.46 -13.62 -31.38 1.81

Competitive Comparison of Imperva's Return-on-Tangible-Equity

For the Software - Application subindustry, Imperva'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.


Imperva's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Imperva's Return-on-Tangible-Equity distribution charts can be found below:

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



Imperva Return-on-Tangible-Equity Calculation

Imperva's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=22.869/( (186.122+275.544 )/ 2 )
=22.869/230.833
=9.91 %

Imperva's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2018 )  (Q: Jun. 2018 )(Q: Sep. 2018 )
=4.232/( (289.126+177.798)/ 2 )
=4.232/233.462
=1.81 %

* 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 (Sep. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Imperva  (NAS:IMPV) 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.


Imperva Return-on-Tangible-Equity Related Terms

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


Imperva (Imperva) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Imperva provides application and data cybersecurity products for enterprises and governments. The company was founded in 2002 and went public in 2011. Imperva reports in two operating segments (products and services) across three geographies (Americas; Europe, Middle East, and Africa; and Asia-Pacific).
Executives
James R Tolonen director
Randall N Spratt director C/O MCKESSON CORPORATION, ONE POST STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Allan R Tessler director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Albert A Pimentel director CO GLU MOBILE INC, 1800 GATEWAY DRIVE, SAN MATEO CA 94404
Tram T Phi officer: Chief Legal Officer C/O DOCUSIGN, INC., 221 MAIN STREET, SUITE 1550, SAN FRANCISCO CA 94105
Christopher Hylen director, officer: President and CEO 700 LOCUST STREET, 4TH FLOOR, DUBUQUE IA 52001
Geraldine Elliott director 1194 N. MATHILDA AVE., SUNNYVALE CA 94089
Anthony J Bettencourt director C/O IMPERVA, INC. 3400 BRIDGE PARKWAY REDWOOD SHORES CA 94065
Charles H Giancarlo director 170 WEST TASMAN DRIVE, SAN JOSE X1 95134
Shlomo Kramer 10 percent owner
Ranzetta Theresia Gouw director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Frank Slootman director 106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Gregory S. Clark director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Steven M Krausz director 2735 SAND HILL ROAD, MENLO PARK CA 94025
David N Strohm director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748