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Vislink Technologies (LSE:XGT) Return-on-Tangible-Equity : -11.50% (As of Mar. 2024)


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What is Vislink Technologies 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. Vislink Technologies's annualized net income for the quarter that ended in Mar. 2024 was $-3.79 Mil. Vislink Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $32.99 Mil. Therefore, Vislink Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -11.50%.

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

LSE:XGT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -904.79   Med: -195.65   Max: -23.61
Current: -23.61

During the past 13 years, Vislink Technologies's highest Return-on-Tangible-Equity was -23.61%. The lowest was -904.79%. And the median was -195.65%.

LSE:XGT's Return-on-Tangible-Equity is ranked worse than
87.85% of 2362 companies
in the Hardware industry
Industry Median: 5.355 vs LSE:XGT: -23.61

Vislink Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Vislink Technologies'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.

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Vislink Technologies Return-on-Tangible-Equity Chart

Vislink Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -303.16 -244.39 -55.77 -30.10 -25.23

Vislink Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -17.95 -31.99 -22.14 -28.09 -11.50

Competitive Comparison of Vislink Technologies's Return-on-Tangible-Equity

For the Communication Equipment subindustry, Vislink Technologies'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.


Vislink Technologies's Return-on-Tangible-Equity Distribution in the Hardware Industry

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

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



Vislink Technologies Return-on-Tangible-Equity Calculation

Vislink Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-9.127/( (39.252+33.111 )/ 2 )
=-9.127/36.1815
=-25.23 %

Vislink Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-3.792/( (33.111+32.864)/ 2 )
=-3.792/32.9875
=-11.50 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Vislink Technologies  (LSE:XGT) 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.


Vislink Technologies Return-on-Tangible-Equity Related Terms

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


Vislink Technologies (LSE:XGT) Business Description

Traded in Other Exchanges
Address
350 Clark Drive, Suite 125, Mount Olive, NJ, USA, 07828
Vislink Technologies Inc is a global technology business specializing in collecting, delivering, and managing high-quality, live video and associated data from the scene of the action to the viewing screen. It provides solutions for the collection of live news, sports, and entertainment events for the broadcast markets. It also furnishes the surveillance and defense markets with real-time video intelligence solutions using various tailored transmission products. The company provides professional and technical services utilizing a staff of technology experts with decades of applied knowledge and real-world experience in terrestrial microwave, satellite, fiber optic, surveillance, and wireless communications systems delivering a broad spectrum of customer solutions.

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