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Applied Micro Circuits (Applied Micro Circuits) Return-on-Tangible-Equity : -18.46% (As of Sep. 2016)


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What is Applied Micro Circuits 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. Applied Micro Circuits's annualized net income for the quarter that ended in Sep. 2016 was $-18.6 Mil. Applied Micro Circuits's average shareholder tangible equity for the quarter that ended in Sep. 2016 was $100.5 Mil. Therefore, Applied Micro Circuits's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 was -18.46%.

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

AMCC's Return-on-Tangible-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 4.98
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Applied Micro Circuits Return-on-Tangible-Equity Historical Data

The historical data trend for Applied Micro Circuits'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.

Applied Micro Circuits Return-on-Tangible-Equity Chart

Applied Micro Circuits Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.35 -137.03 -5.87 -41.75 -30.26

Applied Micro Circuits Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -30.01 -30.96 -34.26 -41.51 -18.46

Competitive Comparison of Applied Micro Circuits's Return-on-Tangible-Equity

For the Semiconductors subindustry, Applied Micro Circuits'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.


Applied Micro Circuits's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Applied Micro Circuits's Return-on-Tangible-Equity distribution charts can be found below:

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



Applied Micro Circuits Return-on-Tangible-Equity Calculation

Applied Micro Circuits'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 )
=-32.571/( (111.68+103.613 )/ 2 )
=-32.571/107.6465
=-30.26 %

Applied Micro Circuits's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=-18.56/( (99.506+101.533)/ 2 )
=-18.56/100.5195
=-18.46 %

* 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. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Applied Micro Circuits  (NAS:AMCC) 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.


Applied Micro Circuits Return-on-Tangible-Equity Related Terms

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


Applied Micro Circuits (Applied Micro Circuits) Business Description

Traded in Other Exchanges
N/A
Address
Applied Micro Circuits Corp was incorporated and commenced operations in California in 1979 and was reincorporated in Delaware in 1987. The Company is engaged in providing silicon solutions for next-generation cloud infrastructure and data centers, as well as connectivity products for edge, metro and long haul communications equipment. Its products include the X-Gene ARM 64-bit Server on a Chip solution, or X-Gene. The X-Gene family of products targets existing and emerging hyperscale cloud, scientific and high-performance computing and enterprise applications. It also offers embedded computing products based on Power Architecture, sometimes referred to as PowerPC products. The Company's HeliX family of embedded products is based on the ARM Instruction Set Architecture. The Company's embedded processor products are deployed in applications such as control- and data-plane management, wireless access points, residential gateways, wireless base stations, storage controllers, network attached storage, network switches and routing products, and multi-function printers. The Company's connectivity portion provides high-speed, high-bandwidth, high-reliability communications products. Its connectivity products include devices for Optical Transport Network (OTN) equipment and physical layer (PHY) devices that transmit and receive signals in a very high speed serial format. Its embedded computing products are deployed in applications in markets such as control- and data-plane functionality, wireless access points, residential gateways, wireless base-stations, storage controllers, network attached storage, network switches and routing products, and multi-function printers. The Company holds approximately 348 issued patents which cover aspects of the design and architecture of its integrated circuit ("IC") and enterprise storage products. The Company's registered trademarks include AppliedMicro, AMCC, APM, X-Gene, Server on a Chip, Cloud Server, OTNsec, Arming the Cloud and Hard Silicon, among others. It is subject to a variety of federal, state and local governmental regulations related to the use, storage, discharge and disposal of toxic, volatile or otherwise hazardous chemicals that were used in its manufacturing process.
Executives
Duston Williams director C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Paul R Gray director 63 LA CUESTA ORINDA CA 94563
Martin S Mcdermut officer: Vice President and CFO C/O RESONANT INC. 10900 STONELAKE BLVD., SUITE 100, OFFICE 02-130, AUSTIN TX 78759
Karen M Rogge officer: Interim CFO APPLIED MICRO CIRCUITS CORP, 4555 GREAT AMERICA PARKWAY, SUITE 601, SANTA CLARA CA 95054
Shiva Kumar Natarajan officer: VP Corporate Controller 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Hk Desai director 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Mark Wadlington officer: VP Worldwide Sales 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Donald A Colvin director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Julie Sullivan director 6290 SEQUENCE DRIVE SAN DIEGO CA 92121
Hooshmand Kambiz officer: President & CEO 6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
David B Wright director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Harvey White director
Johnson Franklin P Jr director
David Rickey director, officer: COB and CEO
Stephen M Smith officer: CFO

Applied Micro Circuits (Applied Micro Circuits) Headlines

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