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Liquidmetal Technologies (Liquidmetal Technologies) Return-on-Tangible-Equity : -3.70% (As of Dec. 2023)


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What is Liquidmetal Technologies 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. Liquidmetal Technologies's annualized net income for the quarter that ended in Dec. 2023 was $-1.14 Mil. Liquidmetal Technologies's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $30.68 Mil. Therefore, Liquidmetal Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -3.70%.

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

LQMT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -292.17   Med: -16.91   Max: -6.53
Current: -6.56

During the past 13 years, Liquidmetal Technologies's highest Return-on-Tangible-Equity was -6.53%. The lowest was -292.17%. And the median was -16.91%.

LQMT's Return-on-Tangible-Equity is ranked worse than
84.51% of 2924 companies
in the Industrial Products industry
Industry Median: 7.89 vs LQMT: -6.56

Liquidmetal Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Liquidmetal Technologies'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.

Liquidmetal Technologies Return-on-Tangible-Equity Chart

Liquidmetal Technologies 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 -17.36 -6.89 -9.44 -7.22 -6.53

Liquidmetal Technologies 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 -6.71 -7.37 -9.05 -6.03 -3.70

Competitive Comparison of Liquidmetal Technologies's Return-on-Tangible-Equity

For the Metal Fabrication subindustry, Liquidmetal Technologies'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.


Liquidmetal Technologies's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Liquidmetal Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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



Liquidmetal Technologies Return-on-Tangible-Equity Calculation

Liquidmetal Technologies'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 )
=-2.047/( (32.044+30.617 )/ 2 )
=-2.047/31.3305
=-6.53 %

Liquidmetal Technologies'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 )
=-1.136/( (30.741+30.617)/ 2 )
=-1.136/30.679
=-3.70 %

* 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.


Liquidmetal Technologies  (OTCPK:LQMT) 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.


Liquidmetal Technologies Return-on-Tangible-Equity Related Terms

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


Liquidmetal Technologies (Liquidmetal Technologies) Business Description

Traded in Other Exchanges
N/A
Address
20321 Valencia Circle, Lake Forest, CA, USA, 92630
Liquidmetal Technologies Inc is a materials technology and manufacturing company that develops and commercializes products made from amorphous alloys. The alloys consist of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. Its product application spreads across various industries which include aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.
Executives
Tony Chung officer: Vice President of Finance 25800 COMMERCENTRE DRIVE, SUITE 100, LAKE FOREST CA 92630
Bryce Van officer: Vice President of Finance LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Paul A Hauck officer: VP-Worldwide Sales & Marketing 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Isaac Bresnick director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Vincent Carrubba director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Lugee Li Yeung Tak director, 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Liquidmetal Technology Ltd 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Walter Eugen Weyler director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Norden, Llc 10 percent owner 5641 NORTH BROADWAY, DENVER CO 80216
Thomas W Steipp director, officer: President and CEO
Mark S Hansen director 4551 W 107TH STREET, SUITE 100, OVERLAND PARK KS 66207
Richard W Sevcik director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Bruce Bromage officer: EVP-Business Development C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Robert Howard Anderson director
Barney D Visser 10 percent owner

Liquidmetal Technologies (Liquidmetal Technologies) Headlines

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