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Rightscorp (Rightscorp) Return-on-Tangible-Equity : 0.00% (As of Sep. 2017)


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What is Rightscorp 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. Rightscorp's annualized net income for the quarter that ended in Sep. 2017 was $-1.52 Mil. Rightscorp's average shareholder tangible equity for the quarter that ended in Sep. 2017 was $-2.38 Mil. Therefore, Rightscorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 was N/A%.

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

RIHT's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.96
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Rightscorp Return-on-Tangible-Equity Historical Data

The historical data trend for Rightscorp'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.

Rightscorp Return-on-Tangible-Equity Chart

Rightscorp Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
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Rightscorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - -

Competitive Comparison of Rightscorp's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Rightscorp'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.


Rightscorp's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Rightscorp Return-on-Tangible-Equity Calculation

Rightscorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-1.356/( (-2.183+-2.092 )/ 2 )
=-1.356/-2.1375
=N/A %

Rightscorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=-1.52/( (-2.369+-2.4)/ 2 )
=-1.52/-2.3845
=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 (Sep. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Rightscorp  (OTCPK:RIHT) 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.


Rightscorp Return-on-Tangible-Equity Related Terms

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


Rightscorp (Rightscorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3100 Donald Douglas Loop North, Santa Monica, CA, USA, 90405
Rightscorp Inc is a technology company and has a patent-pending, proprietary method for collecting payments from illegal downloaders of copyrighted content via notifications sent to their internet service providers (ISPs).
Executives
Cecil Bond Kyte director, officer: CEO, CFO 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601

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