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CES Synergies (CES Synergies) Return-on-Tangible-Equity : 0.00% (As of Mar. 2017)


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What is CES Synergies 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. CES Synergies's annualized net income for the quarter that ended in Mar. 2017 was $-1.62 Mil. CES Synergies's average shareholder tangible equity for the quarter that ended in Mar. 2017 was $-1.36 Mil. Therefore, CES Synergies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 was N/A%.

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

CESX's Return-on-Tangible-Equity is not ranked *
in the Waste Management industry.
Industry Median: 10.35
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CES Synergies Return-on-Tangible-Equity Historical Data

The historical data trend for CES Synergies'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.

CES Synergies Return-on-Tangible-Equity Chart

CES Synergies Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
- - -1,734.48 - -

CES Synergies Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - - - -

Competitive Comparison of CES Synergies's Return-on-Tangible-Equity

For the Waste Management subindustry, CES Synergies'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.


CES Synergies's Return-on-Tangible-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, CES Synergies's Return-on-Tangible-Equity distribution charts can be found below:

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



CES Synergies Return-on-Tangible-Equity Calculation

CES Synergies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-0.387/( (-0.946+-1.16 )/ 2 )
=-0.387/-1.053
=N/A %

CES Synergies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=-1.616/( (-1.16+-1.564)/ 2 )
=-1.616/-1.362
=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 (Mar. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CES Synergies  (OTCPK:CESX) 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.


CES Synergies Return-on-Tangible-Equity Related Terms

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


CES Synergies (CES Synergies) Business Description

Traded in Other Exchanges
N/A
Address
39646 Fig Street, P.O. Box 1299, Crystal Springs, NV, USA, 33524
CES Synergies Inc is a United States of America based company. It is engaged in providing services like asbestos and lead abatement, hazardous materials removal, mold remediation and prevention, indoor air quality and duct cleaning, interior selective demolition, underground storage tank removal, concrete crushing, and demolition and wrecking. The company operates in three business segments that are Remediation, Demolition, and Insulation. The Remediation and Demolition segment generates maximum revenue for the company.

CES Synergies (CES Synergies) Headlines

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