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Kaiser Group Holdings (Kaiser Group Holdings) Return-on-Tangible-Equity : -1.03% (As of Jun. 2008)


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What is Kaiser Group Holdings 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. Kaiser Group Holdings's annualized net income for the quarter that ended in Jun. 2008 was $-0.67 Mil. Kaiser Group Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2008 was $65.05 Mil. Therefore, Kaiser Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2008 was -1.03%.

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

KGHI's Return-on-Tangible-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 7.455
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kaiser Group Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Kaiser Group Holdings'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.

Kaiser Group Holdings Return-on-Tangible-Equity Chart

Kaiser Group Holdings Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.31 30.97 84.93 -3.26 -1.07

Kaiser Group Holdings Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 -3.00 -7.79 7.62 -0.88 -1.03

Competitive Comparison of Kaiser Group Holdings's Return-on-Tangible-Equity

For the Conglomerates subindustry, Kaiser Group Holdings'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.


Kaiser Group Holdings's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kaiser Group Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Kaiser Group Holdings Return-on-Tangible-Equity Calculation

Kaiser Group Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=-0.706/( (66.117+65.466 )/ 2 )
=-0.706/65.7915
=-1.07 %

Kaiser Group Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2008 )  (Q: Mar. 2008 )(Q: Jun. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2008 )  (Q: Mar. 2008 )(Q: Jun. 2008 )
=-0.672/( (65.134+64.966)/ 2 )
=-0.672/65.05
=-1.03 %

* 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 (Jun. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kaiser Group Holdings  (OTCPK:KGHI) 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.


Kaiser Group Holdings Return-on-Tangible-Equity Related Terms

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


Kaiser Group Holdings (Kaiser Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
9300 Lee Highway, Fairfax, VA, USA, 22031-1207
Kaiser Group Holdings Inc through its subsidiaries is engaged in engineering and construction of a steel mini-mill; serves as the general contractor at the U.S. Department of Energy's Rocky Flats site; and provides aircraft maintenance and modification services.
Executives
Williams Frank E Jr director 2789-B HARTLAND ROAD, FALLS CHURCH VA 22043
Michael E Tennenbaum 10 percent owner C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
James J Maiwurm director

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