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Zerify (Zerify) Return-on-Tangible-Equity : 0.00% (As of Sep. 2023)


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What is Zerify 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. Zerify's annualized net income for the quarter that ended in Sep. 2023 was $-4.95 Mil. Zerify's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $-16.31 Mil. Therefore, Zerify's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was N/A%.

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

ZRFY's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.015
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Zerify Return-on-Tangible-Equity Historical Data

The historical data trend for Zerify'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.

Zerify Return-on-Tangible-Equity Chart

Zerify Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
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Zerify Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Zerify's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Zerify'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.


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

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

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



Zerify Return-on-Tangible-Equity Calculation

Zerify's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-8.808/( (-10.72+-13.965 )/ 2 )
=-8.808/-12.3425
=N/A %

Zerify's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-4.948/( (-16.011+-16.616)/ 2 )
=-4.948/-16.3135
=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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Zerify  (OTCPK:ZRFY) 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.


Zerify Return-on-Tangible-Equity Related Terms

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


Zerify (Zerify) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1090 King Georges Post Road, Suite 603, Edison, NJ, USA, 08837
Zerify Inc is a cybersecurity company. It offers a suite of network security products using proprietary technology to businesses and consumers that provide out of band authentication and endpoint protection. It also provides mobile device security on Apple or Android devices. Its products are protect ID, guarded ID, and mobile trust, safeVchat, and privacyLok. The company sells its products to corporate, financial, healthcare, legal, government, technology, insurance, e-commerce and consumer market sectors. The Company operates in one segment for the development and distribution of software products.
Executives
Philip Ellis Blocker officer: Chief Financial Officer 1090 KINGS GEORGES POST RD., EDISON NJ 08837
Ramarao Pemmaraju director, other: Voting control shareholder 1090 KING GEORGES POST RD., EDISON NJ 08837
George Waller director, other: Voting control shareholder 1090 KING GEORGE'S POST ROAD, SUITE 603, EDISON NJ 08837
Mark L Kay director, officer: CEO 233 EXCALIBUR DR., NEWTOWN SQUARE PA 19073
Denn Robert Allen Jr. director 248 COLLEGE DRIVE, EDISON NJ 08817
James R Solakian 10 percent owner 152 MOCKINGBIRD CT, THREE BRIDGES NJ 08887