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ISM International (ISM International) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is ISM International 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. ISM International's annualized net income for the quarter that ended in . 20 was $ Mil. ISM International's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, ISM International's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

ISML's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.41
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

ISM International Return-on-Tangible-Equity Historical Data

The historical data trend for ISM International'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.

ISM International Return-on-Tangible-Equity Chart

ISM International Annual Data
Trend
Return-on-Tangible-Equity

ISM International Quarterly Data
Return-on-Tangible-Equity

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

For the Advertising Agencies subindustry, ISM 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.


ISM International's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ISM International's Return-on-Tangible-Equity distribution charts can be found below:

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



ISM International Return-on-Tangible-Equity Calculation

ISM International's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

ISM International's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


ISM International  (OTCPK:ISML) 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.


ISM International Return-on-Tangible-Equity Related Terms

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


ISM International (ISM International) Business Description

Traded in Other Exchanges
N/A
Address
14100 US Highway 19N, Units 118 thru 144, Clearwater, FL, USA, 33764
ISM International Inc specializes in innovation, technology, and manufacturing organic products. The company also owns a Flea market and a small investment company. It distributes a series of Wi-Fi products and is involved in the development of new devices focusing on Clean, Green Energy.

ISM International (ISM International) Headlines

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