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Thinkific Labs Return-on-Tangible-Equity

: -29.60% (As of Jun. 2021)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Thinkific Labs's annualized net income attributable to common stockholders for the quarter that ended in Jun. 2021 was €-17.64 Mil. Thinkific Labs's average shareholder tangible equity for the quarter that ended in Jun. 2021 was €59.60 Mil. Therefore, Thinkific Labs's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 was -29.60%.

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

FRA:5S0' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.02   Med: -9.59   Max: 17.85
Current: -12.72

-37.02
17.85

During the past 3 years, Thinkific Labs's highest Return-on-Tangible-Equity was 17.85%. The lowest was -37.02%. And the median was -9.59%.

FRA:5S0's Return-on-Tangible-Equity is ranked lower than
99.99% of the 388 Companies
in the Software industry.

( Industry Median: 7.26 vs. FRA:5S0: -12.72 )

Thinkific Labs Return-on-Tangible-Equity Historical Data

The historical data trend for Thinkific Labs'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.

Thinkific Labs Annual Data
Trend Dec18 Dec19 Dec20
Return-on-Tangible-Equity
- 17.85 -36.46

Thinkific Labs Quarterly Data
Dec18 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21
Return-on-Tangible-Equity Premium Member Only Premium Member Only -103.39 - - -81.33 -29.60

Competitive Comparison

For the Software - Application subindustry, Thinkific Labs'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.

   

Thinkific Labs Return-on-Tangible-Equity Distribution

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

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



Thinkific Labs Return-on-Tangible-Equity Calculation

Thinkific Labs's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-1.0628459999698/( (1.4670000000147+4.3639979998761 )/ 2 )
=-1.0628459999698/2.9154989999454
=-36.46 %

Thinkific Labs's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=-17.639160000123/( (3.7825199999243+115.41316000081)/ 2 )
=-17.639160000123/59.597840000366
=-29.60 %

* 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 attributable to common stockholders 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 attributable to common stockholders data used here is four times the quarterly (Jun. 2021) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Thinkific Labs  (FRA:5S0) 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 attributable to common stockholders 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.


Thinkific Labs Return-on-Tangible-Equity Related Terms

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


Thinkific Labs Business Description

Thinkific Labs logo
Industry
Technology » Software NAICS : 511210 SIC : 7721
Comparable Companies
Traded in Other Exchanges
Address
369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4
Thinkific Labs Inc is a cloud-based software platform. It enables entrepreneurs and established businesses to create, market and sell online courses.

Thinkific Labs Headlines

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