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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. Capstone Green Energy's annualized net income for the quarter that ended in Dec. 2022 was $-20.86 Mil. Capstone Green Energy's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $3.58 Mil. Therefore, Capstone Green Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was -582.24%.
The historical rank and industry rank for Capstone Green Energy's Return-on-Tangible-Equity or its related term are showing as below:
The historical data trend for Capstone Green Energy'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.
Capstone Green Energy Annual Data | |||||||||||||||||||||
Trend | Mar13 | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | -43.98 | -68.96 | -121.70 | -140.39 | -217.46 |
Capstone Green Energy Quarterly Data | ||||||||||||||||||||
Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | -143.24 | -317.12 | -183.00 | -407.29 | -582.24 |
For the Specialty Industrial Machinery subindustry, Capstone Green Energy'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.
For the Industrial Products industry and Industrials sector, Capstone Green Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Capstone Green Energy's Return-on-Tangible-Equity falls into.
Capstone Green Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2022 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Mar. 2022 ) | (A: Mar. 2021 ) | (A: Mar. 2022 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Mar. 2022 ) | (A: Mar. 2021 ) | (A: Mar. 2022 ) | |||||
= | -20.211 | / | ( (13.174 | + | 5.414 ) | / 2 ) | |
= | -20.211 | / | 9.294 | ||||
= | -217.46 % |
Capstone Green Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Dec. 2022 ) | (Q: Sep. 2022 ) | (Q: Dec. 2022 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Dec. 2022 ) | (Q: Sep. 2022 ) | (Q: Dec. 2022 ) | |||||
= | -20.856 | / | ( (6.073 | + | 1.091) | / 2 ) | |
= | -20.856 | / | 3.582 | ||||
= | -582.24 % |
* 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 (Dec. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Capstone Green Energy (OTCPK:CGRNQ) 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.
Thank you for viewing the detailed overview of Capstone Green Energy's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
John J Juric | officer: Chief Financial Officer | 16640 STAGG STREET, VAN NUYS CA 91406 |
Scott W. Robinson | officer: InterimChief Financial Officer | 16640 STAGG STREET, C/O CAPSTONE GREEN ENERGY, VAN NUYS CA 91406 |
Darren Jamison | officer: President and Cheif Executive | 182 MAD RIVER PARK, WAITSFIELD VT 05673 |
Celia Fanning | officer: Chief Accounting Officer | 16640 STAGG STREET, VAN NUYS CA 91406 |
Ping Fu | director | C/O LIVE NATION ENTERTAINMENT, INC., 9348 CIVIC CENTER DRIVE, BEVERLY HILLS CA 90210 |
Robert F Powelson | director | C/O CAPSTONE TURBINE CORPORATION, 16640 STAGG STREET, VAN NUYS CA 91406 |
Robert C Flexon | director | 1313 N MARKET ST, WILMINGTON DE 19894 |
Hencken Frederick S. Iii | officer: Chief Accounting Officer | C/O CAPSTONE TURBINE CORP., 16640 STAGG ST., VAN NUYS CA 91406 |
Neshan Nino Tavitian | officer: Chief Accounting Officer | 19034 SCHOENBORN STREET, NORTHRIDGE CA 91324 |
Denise Wilson | director | 211 CARNEGIE CENTER, PRINCETON NJ 08540 |
Deursen Holly Van | director | 21211 NORDHOFF STREET, CHATSWORTH CA 91311 |
Yon Jorden | director | 750 WEST JOHN CARPENTER FREEWAY, SUITE 1200, IRVING TX 75039 |
Paul Deweese | director | 21211 NORDHOFF STREET, CHATSWORTH CA 91311 |
Jayme L. Brooks | officer: Interim CAO | 21211 NORDHOFF STREET, CHATSWORTH CA 91311 |
Noam Lotan | director | C/O MRV COMMUNICATIONS INC, 8917 FULLBRIGHT AVE, CHATSWORTH CA 91311 |
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