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Network-1 Technologies (Network-1 Technologies) Return-on-Tangible-Equity : 3.67% (As of Dec. 2023)


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What is Network-1 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. Network-1 Technologies's annualized net income for the quarter that ended in Dec. 2023 was $1.81 Mil. Network-1 Technologies's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $49.22 Mil. Therefore, Network-1 Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 3.67%.

The historical rank and industry rank for Network-1 Technologies's Return-on-Tangible-Equity or its related term are showing as below:

NTIP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.14   Med: 7.58   Max: 59.3
Current: -2.86

During the past 13 years, Network-1 Technologies's highest Return-on-Tangible-Equity was 59.30%. The lowest was -4.14%. And the median was 7.58%.

NTIP's Return-on-Tangible-Equity is ranked worse than
82.8% of 1000 companies
in the Business Services industry
Industry Median: 12.235 vs NTIP: -2.86

Network-1 Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Network-1 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.

Network-1 Technologies Return-on-Tangible-Equity Chart

Network-1 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 -3.32 -3.44 26.85 -4.14 -2.83

Network-1 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 -12.55 -4.74 -3.70 -6.46 3.67

Competitive Comparison of Network-1 Technologies's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Network-1 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.


Network-1 Technologies's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's Return-on-Tangible-Equity falls into.



Network-1 Technologies Return-on-Tangible-Equity Calculation

Network-1 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 )
=-1.457/( (53.517+49.366 )/ 2 )
=-1.457/51.4415
=-2.83 %

Network-1 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 )
=1.808/( (49.068+49.366)/ 2 )
=1.808/49.217
=3.67 %

* 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.


Network-1 Technologies  (AMEX:NTIP) 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.


Network-1 Technologies Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies (Network-1 Technologies) Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.
Executives
Robert Michael Mahan officer: Chief Financial Officer 87 MADISON AVENUE, #433, PARK RIDGE NJ 07656
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Jonathan M Greene officer: Executive Vice President 23 TOPAZ LANE, TRUMBULL CT 06611
Niv Harizman director SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Allison C Hoffman director 315 EAST 68TH STREET, NEW YORK NY 10065
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Hound Partners Offshore Fund, Lp 10 percent owner C/O HOUND PARTNERS, LLC, 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Partners, Llc 10 percent owner 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Performance, Llc 10 percent owner 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Auerbach Jonathan A G 10 percent owner 215 E 73RD STREET, NEW YORK NY 10021
Laurent Ohana director 575 LEXINGTON AVENUE, SUITE 400, NEW YORK NY 10022
Woodland Services Corp 10 percent owner
Marilyn Rubenstein 10 percent owner
Jonathan Lieber 10 percent owner 80 CUTTERMILL ROAD STE 311, GREAT NECKK NY 11201
Barry Rubenstein 10 percent owner 68 WHEATLEY RD, BROOKVILLE NY 11545