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Intertainment Media (Intertainment Media) Return-on-Tangible-Equity : -496.91% (As of Mar. 2016)


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What is Intertainment Media 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. Intertainment Media's annualized net income for the quarter that ended in Mar. 2016 was $-3.86 Mil. Intertainment Media's average shareholder tangible equity for the quarter that ended in Mar. 2016 was $0.78 Mil. Therefore, Intertainment Media's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 was -496.91%.

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

ITMTF's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.43
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Intertainment Media Return-on-Tangible-Equity Historical Data

The historical data trend for Intertainment Media'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.

Intertainment Media Return-on-Tangible-Equity Chart

Intertainment Media Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.98 -201.77 - - -

Intertainment Media Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - Negative Tangible Equity Negative Tangible Equity -496.91

Competitive Comparison of Intertainment Media's Return-on-Tangible-Equity

For the Advertising Agencies subindustry, Intertainment Media'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.


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

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

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



Intertainment Media Return-on-Tangible-Equity Calculation

Intertainment Media's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2015 )  (A: Jun. 2014 )(A: Jun. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2015 )  (A: Jun. 2014 )(A: Jun. 2015 )
=-4.433/( (-10.272+-10.702 )/ 2 )
=-4.433/-10.487
=N/A %

Intertainment Media's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=-3.856/( (1.235+0.317)/ 2 )
=-3.856/0.776
=-496.91 %

* 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. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Intertainment Media  (GREY:ITMTF) 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.


Intertainment Media Return-on-Tangible-Equity Related Terms

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


Intertainment Media (Intertainment Media) Business Description

Traded in Other Exchanges
N/A
Address
80 Tiverton Court, Suite 100, Markham, ON, CAN, L3R 0G4
Intertainment Media Inc focuses on developing, nurturing and investing technologies and companies that provide technology solutions for brands and consumers alike. It focuses on its investment portfolio. It has equity investments in technologies and social media platforms, including Yappn Corp. (Yappn), Lexifone and Active ImageNation Inc. Yappn provides an end-to-end multilingual e-commerce solution for companies various through Windrose Global E-commerce framework (WGE). WGE's suite includes various tools for multilingual marketing, shopping and customer support. Lexifone offers an in-call interpretation service. Active ImageNation Inc. offers Cap That, a technology platform that allows consumers, studios, and professionals to capture and manipulate video.

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