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Plantronics (Plantronics) Return-on-Tangible-Equity : 0.00% (As of Jun. 2022)


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What is Plantronics 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. Plantronics's annualized net income for the quarter that ended in Jun. 2022 was $-132 Mil. Plantronics's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $-1,006 Mil. Therefore, Plantronics's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was N/A%.

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

POLY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.25   Med: 16.62   Max: Negative Tangible Equity
Current: Negative Tangible Equity

During the past 13 years, Plantronics's highest Return-on-Tangible-Equity was Negative Tangible Equity%. The lowest was -0.25%. And the median was 16.62%.

POLY's Return-on-Tangible-Equity is not ranked
in the Hardware industry.
Industry Median: 5.64 vs POLY: Negative Tangible Equity

Plantronics Return-on-Tangible-Equity Historical Data

The historical data trend for Plantronics'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.

Plantronics Return-on-Tangible-Equity Chart

Plantronics Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 - - - Negative Tangible Equity

Plantronics Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - Negative Tangible Equity - - -

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

For the Communication Equipment subindustry, Plantronics'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.


Plantronics's Return-on-Tangible-Equity Distribution in the Hardware Industry

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

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



Plantronics Return-on-Tangible-Equity Calculation

Plantronics'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 )
=17.917/( (-1218.596+-1006.532 )/ 2 )
=17.917/-1112.564
=Negative Tangible Equity %

Plantronics's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-132.348/( (-1006.532+-1005.047)/ 2 )
=-132.348/-1005.7895
=N/A %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Plantronics  (NYSE:POLY) 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.


Plantronics Return-on-Tangible-Equity Related Terms

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


Plantronics (Plantronics) Business Description

Industry
Traded in Other Exchanges
N/A
Address
345 Encinal Street, Santa Cruz, CA, USA, 95060
Plantronics Inc designs and manufactures lightweight communications headsets, telephone headset systems, and other communications endpoints. The firm's headsets are used for unified communications applications in contact centers, with mobile devices and Internet telephony, for gaming, and for other applications. Its products are shipped through a network of distributors, retailers, wireless carriers, original equipment manufacturers, and other service providers. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Africa, Asia Pacific, and other regions.
Executives
Greggory C Hammann director NAUTILUS GROUP INC, 1400 NE 136TH AVE, VANCOUVER WA 98684
Marvin Tseu director 337 ENCINAL ST SANTA CRUZ CA 95060
Robert C Hagerty director
Kathleen M Crusco director C/O CALIX, INC., 1035 N. MCDOWELL BLVD, PETALUMA CA 94954
Marshall Mohr director C/O INTUITIVE SURGICAL, INC, 1266 KIFER ROAD, SUNNYVALE CA 94086
Brian S Dexheimer director SEAGATE TECHNOLOGY, 920 DISC DRIVE, SCOTTS VALLEY CA 95066
Daniel M Moloney director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE X1 95134
Guido Jouret director 345 ENCINAL STREET SANTA CRUZ CA 95060
Charles D Boynton officer: Top Financial Executive - CFO.
Carl Wiese officer: EVP, Chief Revenue Officer 345 ENCINAL STREET SANTA CRUZ CA 95060
Lisa Marie Bodensteiner officer: Top Legal Counsel - Global.E1. 345 ENCINAL STREET, SANTA CRUZ CA 95060
David M Shull director, officer: President and CEO TIVO CORPORATION, 2160 GOLD STREET, SAN JOSE CA 95002
Talvis Love director 1110 W SCHUBERT AVENUE, UNIT 302, CHICAGO IL 60614
Warren Schlichting officer: Chief Operating Officer C/O DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Yael Zheng director 345 ENCINAL STREET, SANTA CRUZ CA 95060