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Alliance Creative Group (Alliance Creative Group) Return-on-Tangible-Equity : 1.65% (As of Dec. 2018)


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What is Alliance Creative 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. Alliance Creative Group's annualized net income for the quarter that ended in Dec. 2018 was $0.04 Mil. Alliance Creative Group's average shareholder tangible equity for the quarter that ended in Dec. 2018 was $2.66 Mil. Therefore, Alliance Creative Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was 1.65%.

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

ACGX's Return-on-Tangible-Equity is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.92
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Alliance Creative Group Return-on-Tangible-Equity Historical Data

The historical data trend for Alliance Creative 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.

Alliance Creative Group Return-on-Tangible-Equity Chart

Alliance Creative Group Annual Data
Trend Dec05 Dec06 Dec07 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.07 -7.40 -25.44 34.93 19.59

Alliance Creative Group Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 27.79 9.28 -99.95 170.32 1.65

Competitive Comparison of Alliance Creative Group's Return-on-Tangible-Equity

For the Packaging & Containers subindustry, Alliance Creative 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.


Alliance Creative Group's Return-on-Tangible-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Alliance Creative Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Alliance Creative Group Return-on-Tangible-Equity Calculation

Alliance Creative Group'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 )
=0.475/( (2.038+2.812 )/ 2 )
=0.475/2.425
=19.59 %

Alliance Creative Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Sep. 2018 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Sep. 2018 )(Q: Dec. 2018 )
=0.044/( (2.517+2.812)/ 2 )
=0.044/2.6645
=1.65 %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alliance Creative Group  (OTCPK:ACGX) 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.


Alliance Creative Group Return-on-Tangible-Equity Related Terms

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Alliance Creative Group (Alliance Creative Group) Business Description

Traded in Other Exchanges
N/A
Address
7366 North Lincoln Avenue, Suite 105, Lincolnwood, IL, USA, 60712
Alliance Creative Group Inc up is a packaging solutions company focused on Retail Packaging and Packaging Management. It helps its clients from initial concept and packaging development through final production and managed inventory solutions. It is focused on flexible packaging, clear rigid packaging, folding cartons in the food and beverage industry, vendor-managed inventory supply chain services, and fulfillment.

Alliance Creative Group (Alliance Creative Group) Headlines