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PCS Edventures!.com (PCS Edventures!.com) Return-on-Tangible-Equity : -30.26% (As of Dec. 2023)


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What is PCS Edventures!.com 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. PCS Edventures!.com's annualized net income for the quarter that ended in Dec. 2023 was $-1.66 Mil. PCS Edventures!.com's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $5.47 Mil. Therefore, PCS Edventures!.com's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -30.26%.

The historical rank and industry rank for PCS Edventures!.com's Return-on-Tangible-Equity or its related term are showing as below:

PCSV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -587.64   Med: -200.45   Max: -7.57
Current: -7.57

During the past 13 years, PCS Edventures!.com's highest Return-on-Tangible-Equity was -7.57%. The lowest was -587.64%. And the median was -200.45%.

PCSV's Return-on-Tangible-Equity is ranked worse than
83.54% of 237 companies
in the Education industry
Industry Median: 9.77 vs PCSV: -7.57

PCS Edventures!.com Return-on-Tangible-Equity Historical Data

The historical data trend for PCS Edventures!.com'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.

PCS Edventures!.com Return-on-Tangible-Equity Chart

PCS Edventures!.com Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Return-on-Tangible-Equity
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PCS Edventures!.com Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Dec22 Dec23
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 -30.26

Competitive Comparison of PCS Edventures!.com's Return-on-Tangible-Equity

For the Education & Training Services subindustry, PCS Edventures!.com'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.


PCS Edventures!.com's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, PCS Edventures!.com's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PCS Edventures!.com's Return-on-Tangible-Equity falls into.



PCS Edventures!.com Return-on-Tangible-Equity Calculation

PCS Edventures!.com's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=-0.434/( (-1.673+-1.779 )/ 2 )
=-0.434/-1.726
=N/A %

PCS Edventures!.com's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=-1.656/( (0+5.472)/ 1 )
=-1.656/5.472
=-30.26 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PCS Edventures!.com  (OTCPK:PCSV) 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.


PCS Edventures!.com Return-on-Tangible-Equity Related Terms

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PCS Edventures!.com (PCS Edventures!.com) Business Description

Traded in Other Exchanges
N/A
Address
11915 W. Executive Drive, Suite 101, Boise, ID, USA, 83713
PCS Edventures!.com Inc develops and markets educational programs. It specializes in experiential, hands-on, K12 education and drone technology. The company's key products include science, technology, engineering, and math products, EdventuresLab products and services, and Thrust UAV. It serves an afterschool market, elementary classrooms, technical education, parents and home educators. The company also has a presence in Australia, India, Egypt, Saudi Arabia, Pakistan, and Mexico.
Executives
Paula Lupriore director 200 FLYNN ROAD, CAMARILLO CA 93012
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706