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Puration (Puration) Return-on-Tangible-Equity : -554.29% (As of Sep. 2007)


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What is Puration 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. Puration's annualized net income for the quarter that ended in Sep. 2007 was $-2.29 Mil. Puration's average shareholder tangible equity for the quarter that ended in Sep. 2007 was $0.41 Mil. Therefore, Puration's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2007 was -554.29%.

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

PURA's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.56
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Puration Return-on-Tangible-Equity Historical Data

The historical data trend for Puration'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.

Puration Return-on-Tangible-Equity Chart

Puration Annual Data
Trend Dec04 Dec05 Dec06
Return-on-Tangible-Equity
-140.00 -738.46 -273.01

Puration Quarterly Data
Sep03 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 -222.13 -171.59 -1,049.04 -158.96 -554.29

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

For the Pollution & Treatment Controls subindustry, Puration'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.


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

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

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



Puration Return-on-Tangible-Equity Calculation

Puration's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2006 )  (A: Dec. 2005 )(A: Dec. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2006 )  (A: Dec. 2005 )(A: Dec. 2006 )
=-1.907/( (-0.002+1.399 )/ 2 )
=-1.907/0.6985
=-273.01 %

Puration's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2007 )  (Q: Jun. 2007 )(Q: Sep. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2007 )  (Q: Jun. 2007 )(Q: Sep. 2007 )
=-2.292/( (0.7+0.127)/ 2 )
=-2.292/0.4135
=-554.29 %

* 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 (Sep. 2007) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Puration  (OTCPK:PURA) 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.


Puration Return-on-Tangible-Equity Related Terms

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


Puration (Puration) Business Description

Traded in Other Exchanges
N/A
Address
1584 County Road 613, Farmersville, TX, USA, 75442
Puration Inc is engaged in the business of researching, designing, developing, producing, marketing and distributing products and systems to improve the quality of the water used daily by people around the world. The company designs and produces personal use water filter bottles and other containers and also has developed its proprietary technology for water filtration and purification. It derives its revenue from the selling of water filtration products.
Executives
Robert Howard Nelson officer: Chief Financial Officer 1613 EAST 15TH STREET, TULSA OK 74120