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American Church Mortgage Co (American Church Mortgage Co) Return-on-Tangible-Equity : -221.03% (As of Jun. 2022)


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What is American Church Mortgage Co 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. American Church Mortgage Co's annualized net income for the quarter that ended in Jun. 2022 was $-14.93 Mil. American Church Mortgage Co's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $6.76 Mil. Therefore, American Church Mortgage Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was -221.03%.

The historical rank and industry rank for American Church Mortgage Co's Return-on-Tangible-Equity or its related term are showing as below:

ACMC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -56.96   Med: -0.38   Max: 2.74
Current: -56.96

During the past 13 years, American Church Mortgage Co's highest Return-on-Tangible-Equity was 2.74%. The lowest was -56.96%. And the median was -0.38%.

ACMC's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 4.59 vs ACMC: -56.96

American Church Mortgage Co Return-on-Tangible-Equity Historical Data

The historical data trend for American Church Mortgage Co'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.

American Church Mortgage Co Return-on-Tangible-Equity Chart

American Church Mortgage Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 -0.46 0.55 -1.23 -13.73

American Church Mortgage Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -14.34 -2.13 -34.38 -6.94 -221.03

Competitive Comparison of American Church Mortgage Co's Return-on-Tangible-Equity

For the REIT - Mortgage subindustry, American Church Mortgage Co'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.


American Church Mortgage Co's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Church Mortgage Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where American Church Mortgage Co's Return-on-Tangible-Equity falls into.



American Church Mortgage Co Return-on-Tangible-Equity Calculation

American Church Mortgage Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-1.295/( (10.085+8.773 )/ 2 )
=-1.295/9.429
=-13.73 %

American Church Mortgage Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-14.932/( (8.622+4.889)/ 2 )
=-14.932/6.7555
=-221.03 %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


American Church Mortgage Co  (OTCPK:ACMC) 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.


American Church Mortgage Co Return-on-Tangible-Equity Related Terms

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


American Church Mortgage Co (American Church Mortgage Co) Business Description

Traded in Other Exchanges
N/A
Address
10400 Yellow Circle Drive, Suite 102, Minnetonka, MN, USA, 55343
American Church Mortgage Co operates as a real estate investment trust. Geographically the activities function throughout the region of the United States. It is primarily engaged in the business of making mortgage loans to churches and other non-profit religious organizations. In addition, the group also owns bonds, issued by churches and other nonprofit religious organizations. The firm derives revenue in the form of interest on mortgage loans receivable and the bond portfolio.
Executives
Philip J. Myers director, officer: Chairman, President, Secretary 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Scott J. Marquis other: VP & Secretary of Advisor 10237 YELLOW CIRCLE DRIVE, MINNETONKA MN 55343
Michael G. Holmquist director 18300 MINNETONKA BLVD., SUITE 202, DEEPHAVEN MN 55391

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