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Regal Entertainment Group (Regal Entertainment Group) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2017)


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What is Regal Entertainment Group 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. Regal Entertainment Group's annualized net income for the quarter that ended in Dec. 2017 was $116 Mil. Regal Entertainment Group's average shareholder tangible equity for the quarter that ended in Dec. 2017 was $-1,246 Mil. Therefore, Regal Entertainment Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 was Negative Tangible Equity%.

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

RGC's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Regal Entertainment Group Return-on-Tangible-Equity Historical Data

The historical data trend for Regal Entertainment Group'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.

Regal Entertainment Group Return-on-Tangible-Equity Chart

Regal Entertainment Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Regal Entertainment Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Regal Entertainment Group's Return-on-Tangible-Equity

For the Broadcasting subindustry, Regal Entertainment Group'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.


Regal Entertainment Group's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Regal Entertainment Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Regal Entertainment Group Return-on-Tangible-Equity Calculation

Regal Entertainment Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=112.3/( (-1212.1+-1245.3 )/ 2 )
=112.3/-1228.7
=Negative Tangible Equity %

Regal Entertainment Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2017 )  (Q: Sep. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Sep. 2017 )(Q: Dec. 2017 )
=115.6/( (-1245.7+-1245.3)/ 2 )
=115.6/-1245.5
=Negative Tangible Equity %

* 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. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Regal Entertainment Group  (NYSE:RGC) 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.


Regal Entertainment Group Return-on-Tangible-Equity Related Terms

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


Regal Entertainment Group (Regal Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
Regal is the largest movie theater circuit in the United States. It operates more than 6,300 screens in 39 states, including 44 of the top 50 designated market areas. Regal generated nearly $3 billion of revenue, approximately 70% of which was from ticket sales, 25% from concessions sales, and the remaining 5% from other streams, such as on-screen advertising and in-lobby video games. Most of Regal's theaters are located in midsize cities and suburban areas of larger cities.
Executives
Amy E Miles director, officer: Chief Executive Officer
David H Keyte director 1615 WYNKOOP STREET, DENVER CO 80902
Lee M Thomas director 133 PEACHTREE ST NE, 41ST FL, ATLANTA GA 30303
Alex Yemenidjian director C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
Bell Thomas D Jr director
Charles E Brymer director 437 MADISON AVENUE, NEW YORK NY 10022
Philip F Anschutz 10 percent owner 2400 ANACONDA TOWER 555 SEVENTEENTH ST, C/O ANSCHUTZ CO STE 2400, DENVER CO 80202
Michael L Campbell director 7132 REGAL LANE, KNOXVILLE TN 37918
Peter B Brandow officer: EVP, General Counsel, Sec. C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Stephen A Kaplan director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anschutz Co 10 percent owner 555 SEVENTEENTH STREET, SUITE 2400, DENVER CO 80202
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Principal Opportunities Fund Ii Lp 10 percent owner
Kurt C Hall other: Former Co-Chairman and Co-CEO C/O REGAL ENTERTAINMENT GROUP, 7132 REGAL LANDE, KNOXVILLE TN 37918
Michael J Dolan director C/O MATTEL INC, 333 CONTINENTAL BLVD M-1518, EL SEGUNDO CA 90245

Regal Entertainment Group (Regal Entertainment Group) Headlines

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