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STR Holdings (STR Holdings) Return-on-Tangible-Equity : -36.94% (As of Sep. 2019)


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STR Holdings Return-on-Tangible-Equity Definition

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. STR Holdings's annualized net income for the quarter that ended in Sep. 2019 was $-5.78 Mil. STR Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2019 was $15.66 Mil. Therefore, STR Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 was -36.94%.

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

STRI's Return-on-Tangible-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 4.95
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

STR Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for STR Holdings'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.

STR Holdings Return-on-Tangible-Equity Chart

STR Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.85 -18.04 -40.42 -17.23 -23.10

STR Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -21.30 -29.76 -55.68 -58.12 -36.94

Competitive Comparison of STR Holdings's Return-on-Tangible-Equity

For the Semiconductor Equipment & Materials subindustry, STR Holdings'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.


STR Holdings Return-on-Tangible-Equity Distribution

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

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



STR Holdings Return-on-Tangible-Equity Calculation

STR Holdings'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 )
=-5.76/( (27.86+22.003 )/ 2 )
=-5.76/24.9315
=-23.10 %

STR Holdings'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 )
=-5.784/( (16.442+14.877)/ 2 )
=-5.784/15.6595
=-36.94 %

* 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.


STR Holdings  (OTCPK:STRI) 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.


STR Holdings Return-on-Tangible-Equity Related Terms

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


STR Holdings (STR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
10 Water Street, Enfield, CT, USA, 06082
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.
Executives
John A. Janitz director 6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Andrew M Leitch director 6615 CALLE PONTE BELLA, RANCHO SANTA FE CA 92091
Andrew Africk director
Alan N Forman officer: Senior VP & Gen. Counsel 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Lp 10 percent owner 11100 SANTA MONICA BLVD STE 810, LOS ANGELES CA 90025
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
B. Riley & Co., Llc 10 percent owner 11100 SANTA MONICA BLVD., STE. 800, LOS ANGELES CA 90025
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Suisse Ag/ Credit 10 percent owner PARADEPLATZ 8, ZURICH V8 CH 8001
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Red Mountain Partners, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc other: Please refer to Remarks below. 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067

STR Holdings (STR Holdings) Headlines

From GuruFocus

STR Holdings, Inc. Elects to Deregister its Common Stock

By GlobeNewswire GlobeNewswire 02-07-2020

STR Holdings, Inc. Board Approves Wind-down of the Company

By ACCESSWIRE ACCESSWIRE 05-18-2021

STR Holdings, Inc. Elects to Deregister its Common Stock

By Marketwired Marketwired 02-08-2020

Str Holdings Inc (STRI) Exec VP & CFO Barry A. Morris sells 5,134 Shares

By GuruFocus Research GuruFocus Editor 04-21-2010

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 11-12-2010

STR Holdings, Inc. Completes Asset Sale to H.B. Fuller Company

By ACCESSWIRE ACCESSWIRE 01-27-2021

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 08-12-2010

Str Holdings Inc (STRI) Chairman, Pres. & CEO Dennis L. Jilot sells 41,069 Shares

By GuruFocus Research GuruFocus Editor 04-21-2010

Str Holdings Inc Reports Operating Results (10-Q)

By gurufocus 10qk 05-12-2010