SEND has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SEND has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. SendGrid's annualized Net Income for the quarter that ended in Sep. 2018 was $-9.7 Mil. SendGrid's average total tangible assets for the quarter that ended in Sep. 2018 was $233.5 Mil. Therefore, SendGrid's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 was -4.15%.
The historical rank and industry rank for SendGrid's Return-on-Tangible-Asset or its related term are showing as below:
The historical data trend for SendGrid's Return-on-Tangible-Asset 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.
SendGrid Annual Data | |||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | |||||
Return-on-Tangible-Asset | - | -23.75 | -8.56 | -4.37 |
SendGrid Quarterly Data | |||||||||||
Dec14 | Dec15 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -8.68 | -4.12 | -2.33 | -0.55 | -4.15 |
For the Software - Infrastructure subindustry, SendGrid's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
For the Software industry and Technology sector, SendGrid's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SendGrid's Return-on-Tangible-Asset falls into.
SendGrid's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Dec. 2017 ) | (A: Dec. 2016 ) | (A: Dec. 2017 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Dec. 2017 ) | (A: Dec. 2016 ) | (A: Dec. 2017 ) | |||||
= | -6.253 | / | ( (66.624 | + | 219.84) | / 2 ) | |
= | -6.253 | / | 143.232 | ||||
= | -4.37 % |
SendGrid's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2018 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Sep. 2018 ) | (Q: Jun. 2018 ) | (Q: Sep. 2018 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Sep. 2018 ) | (Q: Jun. 2018 ) | (Q: Sep. 2018 ) | |||||
= | -9.692 | / | ( (229.71 | + | 237.251) | / 2 ) | |
= | -9.692 | / | 233.4805 | ||||
= | -4.15 % |
* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2018) net income data.
SendGrid (NYSE:SEND) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Thank you for viewing the detailed overview of SendGrid's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sri Viswanath | director | 600 WEST CHICAGO AVENUE, SUITE 400, CHICAGO IL 60654 |
Sameer Dholakia | director, officer: President and CEO | C/O SENDGRID, INC., 1801 CALIFORNIA STREET, SUITE 500, DENVER CO 80202 |
Anne Raimondi | director | C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107 |
Deer Viii & Co. Ltd. | 10 percent owner | C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538 |
Deer Viii & Co. L.p. | 10 percent owner | C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538 |
Bessemer Venture Partners Viii Institutional L.p. | 10 percent owner | 1865 PALMER AVENUE, LARCHMONT NY 01538 |
Bessemer Venture Partners Viii L.p. | 10 percent owner | 1865 PALMER AVENUE, LARCHMONT NY 01538 |
Ajay Agarwal | director | C/O BAIN CAPITAL VENTURE INVESTORS, LLC, 200 CLARENDON STREET, BOSTON MA 02116 |
Yancey L. Spruill | officer: CFO, COO and Treasurer | 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503 |
Hilary Schneider | director | C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281 |
Byron B Deeter | director | C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE SUITE 104, LARCHMONT NY 10538 |
Bradley A Feld | 10 percent owner | C/O FOUNDRY GROUP, 645 WALNUT ST., BOULDER CO 80302 |
Ryan A Mcintyre | 10 percent owner | |
Jason A Mendelson | 10 percent owner | C/O FOUNDRY GROUP, 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302 |
Foundry Select Fund Gp, Llc | 10 percent owner | 1050 WALNUT STREET, SUITE 210, BOULDER CO 80302 |
From GuruFocus
By PRNewswire PRNewswire • 10-18-2018
By Marketwired Marketwired • 12-27-2018
By PRNewswire PRNewswire • 10-16-2018
By Marketwired Marketwired • 07-30-2019
By PRNewswire PRNewswire • 01-16-2019
By PRNewswire PRNewswire • 12-18-2018
By PRNewswire PRNewswire • 10-16-2018
By Marketwired Marketwired • 11-01-2018
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.