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Metro Global Media (Metro Global Media) Return-on-Tangible-Equity : 0.00% (As of Nov. 2001)


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What is Metro Global 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. Metro Global Media's annualized net income for the quarter that ended in Nov. 2001 was $-0.85 Mil. Metro Global Media's average shareholder tangible equity for the quarter that ended in Nov. 2001 was $-0.73 Mil. Therefore, Metro Global Media's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2001 was N/A%.

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

MGMA'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.

Metro Global Media Return-on-Tangible-Equity Historical Data

The historical data trend for Metro Global 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.

Metro Global Media Return-on-Tangible-Equity Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.92 -8.75 -56.41 -21.12 -315.59

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 -156.74 -25.62 -1,984.08 - -

Competitive Comparison of Metro Global Media's Return-on-Tangible-Equity

For the Entertainment subindustry, Metro Global 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.


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

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

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



Metro Global Media Return-on-Tangible-Equity Calculation

Metro Global Media's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2001 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2001 )  (A: May. 2000 )(A: May. 2001 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2001 )  (A: May. 2000 )(A: May. 2001 )
=-5.171/( (3.72+-0.443 )/ 2 )
=-5.171/1.6385
=-315.59 %

Metro Global Media's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2001 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2001 )  (Q: Aug. 2001 )(Q: Nov. 2001 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2001 )  (Q: Aug. 2001 )(Q: Nov. 2001 )
=-0.848/( (-0.902+-0.566)/ 2 )
=-0.848/-0.734
=N/A %

* 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. 2001) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Metro Global Media  (GREY:MGMA) 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.


Metro Global Media Return-on-Tangible-Equity Related Terms

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


Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

Metro Global Media (Metro Global Media) Headlines

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