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Sentinel Energy Services (Sentinel Energy Services) Return-on-Tangible-Equity : 2.89% (As of Sep. 2019)


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What is Sentinel Energy Services 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. Sentinel Energy Services's annualized net income for the quarter that ended in Sep. 2019 was $9.73 Mil. Sentinel Energy Services's average shareholder tangible equity for the quarter that ended in Sep. 2019 was $337.19 Mil. Therefore, Sentinel Energy Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 was 2.89%.

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

STNL's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.745
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sentinel Energy Services Return-on-Tangible-Equity Historical Data

The historical data trend for Sentinel Energy Services'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.

Sentinel Energy Services Return-on-Tangible-Equity Chart

Sentinel Energy Services Annual Data
Trend Dec17 Dec18
Return-on-Tangible-Equity
- 0.44

Sentinel Energy Services Quarterly Data
May17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 48.40 -2.82 2.44 -1.25 2.89

Competitive Comparison of Sentinel Energy Services's Return-on-Tangible-Equity

For the Shell Companies subindustry, Sentinel Energy Services'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.


Sentinel Energy Services's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sentinel Energy Services's Return-on-Tangible-Equity distribution charts can be found below:

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



Sentinel Energy Services Return-on-Tangible-Equity Calculation

Sentinel Energy Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=1.485/( (333.98+335.466 )/ 2 )
=1.485/334.723
=0.44 %

Sentinel Energy Services's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=9.728/( (335.971+338.403)/ 2 )
=9.728/337.187
=2.89 %

* 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. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sentinel Energy Services  (NAS:STNL) 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.


Sentinel Energy Services Return-on-Tangible-Equity Related Terms

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


Sentinel Energy Services (Sentinel Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, Suite 2700, Houston, TX, USA, 77002
Sentinel Energy Services Inc is a blank check company.