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BCI Navigation (XPAR:BNA) Return-on-Tangible-Equity : -41.29% (As of Dec. 2011)


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What is BCI Navigation 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. BCI Navigation's annualized net income for the quarter that ended in Dec. 2011 was €-0.35 Mil. BCI Navigation's average shareholder tangible equity for the quarter that ended in Dec. 2011 was €0.84 Mil. Therefore, BCI Navigation's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 was -41.29%.

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

XPAR:BNA's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.86
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

BCI Navigation Return-on-Tangible-Equity Historical Data

The historical data trend for BCI Navigation'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.

BCI Navigation Return-on-Tangible-Equity Chart

BCI Navigation Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity
22.27 -26.57 -67.08 -1.87 -41.29

BCI Navigation Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity 22.27 -26.57 -67.08 -1.87 -41.29

Competitive Comparison of BCI Navigation's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, BCI Navigation'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.


BCI Navigation's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BCI Navigation's Return-on-Tangible-Equity distribution charts can be found below:

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



BCI Navigation Return-on-Tangible-Equity Calculation

BCI Navigation's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-0.345/( (1.013+0.658 )/ 2 )
=-0.345/0.8355
=-41.29 %

BCI Navigation's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=-0.345/( (1.013+0.658)/ 2 )
=-0.345/0.8355
=-41.29 %

* 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 one times the annual (Dec. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BCI Navigation  (XPAR:BNA) 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.


BCI Navigation Return-on-Tangible-Equity Related Terms

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BCI Navigation (XPAR:BNA) Business Description

Traded in Other Exchanges
N/A
Address
BCI Navigation is engaged in the development of tools and software which include professional fleet management, cartographic database management tool and aircraft piloting assistance system by means of natural synthesis display.

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