The historical rank and industry rank for Seychelle Environmental Technologies's Return-on-Tangible-Equity or its related term are showing as below:
SYEV's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.89 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Seychelle Environmental Technologies Return-on-Tangible-Equity Historical Data
* 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.
Competitive Comparison of Seychelle Environmental Technologies's Return-on-Tangible-Equity
For the Pollution & Treatment Controls subindustry, Seychelle Environmental Technologies'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.
Seychelle Environmental Technologies's Return-on-Tangible-Equity Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Seychelle Environmental Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Seychelle Environmental Technologies's Return-on-Tangible-Equity falls into.
* 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 (Feb. 2020) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Seychelle Environmental Technologies Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Seychelle Environmental Technologies's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Seychelle Environmental Technologies (Seychelle Environmental Technologies) Business Description
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.
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