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Global Special Opportunities Trust (LSE:USPI) Return-on-Tangible-Equity : 0.00% (As of Nov. 2010)


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What is Global Special Opportunities Trust 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 Special Opportunities Trust's annualized net income for the quarter that ended in Nov. 2010 was £0.00 Mil. Global Special Opportunities Trust's average shareholder tangible equity for the quarter that ended in Nov. 2010 was £11.26 Mil. Therefore, Global Special Opportunities Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2010 was 0.00%.

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

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

Global Special Opportunities Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Global Special Opportunities Trust'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 Special Opportunities Trust Return-on-Tangible-Equity Chart

Global Special Opportunities Trust Annual Data
Trend May04 May05 May06 May07 May08 May09 May10
Return-on-Tangible-Equity
Get a 7-Day Free Trial 3.22 0.60 -35.12 -31.64 -6.01

Global Special Opportunities Trust Quarterly Data
Nov03 May04 Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10
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 - - - - -

Competitive Comparison of Global Special Opportunities Trust's Return-on-Tangible-Equity

For the subindustry, Global Special Opportunities Trust'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 Special Opportunities Trust's Return-on-Tangible-Equity Distribution in the Industry

For the industry and sector, Global Special Opportunities Trust's Return-on-Tangible-Equity distribution charts can be found below:

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



Global Special Opportunities Trust Return-on-Tangible-Equity Calculation

Global Special Opportunities Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2010 )  (A: May. 2009 )(A: May. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2010 )  (A: May. 2009 )(A: May. 2010 )
=-0.76/( (13.065+12.228 )/ 2 )
=-0.76/12.6465
=-6.01 %

Global Special Opportunities Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2010 )  (Q: May. 2010 )(Q: Nov. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2010 )  (Q: May. 2010 )(Q: Nov. 2010 )
=0/( (12.228+10.294)/ 2 )
=0/11.261
=0.00 %

* 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 (Nov. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Global Special Opportunities Trust  (LSE:USPI) 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 Special Opportunities Trust Return-on-Tangible-Equity Related Terms

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Global Special Opportunities Trust (LSE:USPI) Business Description

Traded in Other Exchanges
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