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Franklin Covey Co Return-on-Tangible-Asset

: 4.85% (As of Aug. 2021)
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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Franklin Covey Co's annualized Net Income for the quarter that ended in Aug. 2021 was $7.2 Mil. Franklin Covey Co's average total tangible assets for the quarter that ended in Aug. 2021 was $149.1 Mil. Therefore, Franklin Covey Co's annualized Return-on-Tangible-Asset for the quarter that ended in Aug. 2021 was 4.85%.

The historical rank and industry rank for Franklin Covey Co's Return-on-Tangible-Asset or its related term are showing as below:

NYSE:FC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.57   Med: 7.18   Max: 14.99
Current: 9.9

-6.57
14.99

During the past 13 years, Franklin Covey Co's highest Return-on-Tangible-Asset was 14.99%. The lowest was -6.57%. And the median was 7.18%.

NYSE:FC's Return-on-Tangible-Asset is ranked higher than
76% of the 1058 Companies
in the Business Services industry.

( Industry Median: 3.59 vs. NYSE:FC: 9.90 )

Franklin Covey Co Return-on-Tangible-Asset Historical Data

The historical data trend for Franklin Covey Co's Return-on-Tangible-Asset 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.

Franklin Covey Co Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Return-on-Tangible-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.74 -4.41 -0.70 -6.57 9.01

Franklin Covey Co Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Return-on-Tangible-Asset 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 Premium Member Only Premium Member Only Premium Member Only 3.02 -2.74 -0.14 39.32 4.85

Competitive Comparison

For the Consulting Services subindustry, Franklin Covey Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.

   

Franklin Covey Co Return-on-Tangible-Asset Distribution

For the Business Services industry and Industrials sector, Franklin Covey Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Franklin Covey Co's Return-on-Tangible-Asset falls into.



Franklin Covey Co Return-on-Tangible-Asset Calculation

Franklin Covey Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2021 )  (A: Aug. 2020 )(A: Aug. 2021 )
=13.623/( (134.092+168.337)/ 2 )
=13.623/151.2145
=9.01 %

Franklin Covey Co's annualized Return-on-Tangible-Asset for the quarter that ended in Aug. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Aug. 2021 )  (Q: May. 2021 )(Q: Aug. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Aug. 2021 )  (Q: May. 2021 )(Q: Aug. 2021 )
=7.228/( (129.826+168.337)/ 2 )
=7.228/149.0815
=4.85 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Aug. 2021) net income data.


Franklin Covey Co  (NYSE:FC) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Franklin Covey Co Return-on-Tangible-Asset Related Terms

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


Franklin Covey Co Business Description

Franklin Covey Co logo
Industry
Industrials » Business Services NAICS : 541611 SIC : 8742
Traded in Other Exchanges
N/A
Address
2200 West Parkway Boulevard, Salt Lake City, UT, USA, 84119-2331
Franklin Covey Co is a global company focused on organizational performance improvement. It focuses on providing time management and effectiveness training for individuals and corporations via online training as well as in-person workshops and events. The company provides training and consulting services in the areas of leadership, execution, productivity, trust, sales performance, customer loyalty, and educational improvement. It operates in the business segments of Direct Offices, Education practice and International Licensees. The company derives revenue from providing training and consulting services, and through the selling of books, audio media, and other related products. It has a business presence in the United States and other international countries.
Executives
Whitman Robert A director, officer: Chief Executive Officer 4200 TEXAS COMMERCE TOWER WEST 2200 ROSS AVE DALLAS TX 75201
Young Stephen D officer: Chief Financial Officer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: YOUNG STEPHEN D a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Davis Clifton Todd officer: VP People Services 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Covey Michael Sean Merrill officer: SVP Innovations and Marketing 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Miller Scott Jeffery officer: EVP Bus Development/Marketing 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Dom Colleen D officer: EVP Operations 2200 WEST PARKWAY BLVD SALT LAKE CITY UT 84119
Walker Paul S officer: EVP, Direct Offices Division 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Stepp Esther Kay director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: STEPP ESTHER KAY a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Phillips Nancy R director 1515 BROADWAY NEW YORK NY 10036
Fung Michael director 2200 WEST PARKWAY BLVD SALT LAKE CITY UT 84119
Mcnamara Donald J director 4200 TEXAS COMMERCE TOWER WEST 2200 ROSS AVE SUITE 4200 DALLAS TX 75201
Chow Anne H director 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Heiner Dennis Grant director 2220 WEST PARKWAY BLVD SALT LAKE CITY UT 84119
Van Bever Derek C M director 2200 WEST PARKWAY BLVD. SALT LAKE CITY UT 84119
Peterson Joel Clinton director C/O JETBLUE AIRWAYS CORPORATION 27-01 QUEENS PLAZA NORTH LONG ISLAND CITY NY 11101

Franklin Covey Co Headlines

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