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Digimarc (Digimarc) Return-on-Tangible-Equity : -149.94% (As of Dec. 2023)


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What is Digimarc 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. Digimarc's annualized net income for the quarter that ended in Dec. 2023 was $-42.29 Mil. Digimarc's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $28.21 Mil. Therefore, Digimarc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -149.94%.

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

DMRC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -116.6   Med: -53.9   Max: -36.18
Current: -116.6

During the past 13 years, Digimarc's highest Return-on-Tangible-Equity was -36.18%. The lowest was -116.60%. And the median was -53.90%.

DMRC's Return-on-Tangible-Equity is ranked worse than
90.63% of 2379 companies
in the Software industry
Industry Median: 7.63 vs DMRC: -116.60

Digimarc Return-on-Tangible-Equity Historical Data

The historical data trend for Digimarc'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.

Digimarc Return-on-Tangible-Equity Chart

Digimarc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -72.56 -55.25 -56.17 -115.17 -113.45

Digimarc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -85.42 -110.10 -100.60 -122.14 -149.94

Competitive Comparison of Digimarc's Return-on-Tangible-Equity

For the Information Technology Services subindustry, Digimarc'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.


Digimarc's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Digimarc Return-on-Tangible-Equity Calculation

Digimarc's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-45.959/( (56.191+24.828 )/ 2 )
=-45.959/40.5095
=-113.45 %

Digimarc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-42.292/( (31.583+24.828)/ 2 )
=-42.292/28.2055
=-149.94 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Digimarc  (NAS:DMRC) 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.


Digimarc Return-on-Tangible-Equity Related Terms

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


Digimarc (Digimarc) Business Description

Industry
Traded in Other Exchanges
Address
8500 SW Creekside Place, Beaverton, OR, USA, 97008
Digimarc Corp provides automatic identification solutions to commercial and government customers and license technology and patented inventions to solution providers. Its Digimarc Platform applies a unique identities to virtually all media objects including product packaging, commercial print, audio and video that can be automatically identified by an enabled ecosystem of industrial scanners, smartphones and other interfaces. The company generates revenue through commercial and government applications of its technology. The company derives its revenue primarily from software development services, subscriptions for products and related services, and licensing of patents.
Executives
Thomas Benton officer: EVP, Chief Revenue Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Lashonda Anderson-williams director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Andrew Walter director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Tony Rodriguez officer: Chief Technology Officer 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Ken Sickles officer: EVP, Chief Product Officer 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Vincent C Smith 10 percent owner 2560 EAST CHAPMAN AVENUE, #173, ORANGE CA 92869
Milena Alberti-perez director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Riley Mccormack director, 10 percent owner 2555 LAKE AVE, MIAMI BEACH FL 33140
Alicia Syrett director 2420 17TH STREET, SUITE 220, DENVER CO 80202
Ravi Kumar Singisetti director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sandeep Dadlani director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
Sheela Zemlin director 9405 SW GEMINI DRIVE, BEAVERTON OR 97008
James T Richardson director 01396 SW MILITARY ROAD, PORTLAND OR 97219
Bernard Whitney director

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