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AVG Technologies NV (AVG Technologies NV) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2016)


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What is AVG Technologies NV 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. AVG Technologies NV's annualized net income for the quarter that ended in Jun. 2016 was $27.8 Mil. AVG Technologies NV's average shareholder tangible equity for the quarter that ended in Jun. 2016 was $-298.6 Mil. Therefore, AVG Technologies NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 was Negative Tangible Equity%.

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

AVGTF's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.785
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

AVG Technologies NV Return-on-Tangible-Equity Historical Data

The historical data trend for AVG Technologies NV'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.

AVG Technologies NV Return-on-Tangible-Equity Chart

AVG Technologies NV Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

AVG Technologies NV Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of AVG Technologies NV's Return-on-Tangible-Equity

For the Software - Application subindustry, AVG Technologies NV'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.


AVG Technologies NV's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



AVG Technologies NV Return-on-Tangible-Equity Calculation

AVG Technologies NV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=48.891/( (-330.047+-312.535 )/ 2 )
=48.891/-321.291
=Negative Tangible Equity %

AVG Technologies NV's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=27.796/( (-305.309+-291.943)/ 2 )
=27.796/-298.626
=Negative Tangible Equity %

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


AVG Technologies NV  (OTCPK:AVGTF) 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.


AVG Technologies NV Return-on-Tangible-Equity Related Terms

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


AVG Technologies NV (AVG Technologies NV) Business Description

Traded in Other Exchanges
N/A
Address
AVG Technologies N.V is functional in the software industry based in the Netherlands. The company designs products which allow the users of internet and computer systems a safe browsing and data management experience. Its product portfolio caters to the consumer and SMB markets across multiple devices and operating systems with Internet security, PC performance optimization, online backup, identity protection, family safety, mobile control and location services and dynamic secure search. AVG's suite of trademark products includes AVG Anti-Virus FREE, AVG Anti-Virus, AVG Web TuneUp, AVG Cleaner-Xperia and HideMyPhone, among others. The company's licenses derived through the consumer market, primarily in the United States are its major revenue drivers.
Executives
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd. 10 percent owner 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd. 10 percent owner CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110

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