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ACPS (AC Partners) Return-on-Tangible-Equity : 0.00% (As of Mar. 2015)


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What is AC Partners 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. AC Partners's annualized net income for the quarter that ended in Mar. 2015 was $-0.09 Mil. AC Partners's average shareholder tangible equity for the quarter that ended in Mar. 2015 was $-1.18 Mil. Therefore, AC Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2015 was N/A%.

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

ACPS's Return-on-Tangible-Equity is not ranked *
in the Construction industry.
Industry Median: 8.075
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

AC Partners Return-on-Tangible-Equity Historical Data

The historical data trend for AC Partners'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.

AC Partners Return-on-Tangible-Equity Chart

AC Partners Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
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AC Partners Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of AC Partners's Return-on-Tangible-Equity

For the Building Products & Equipment subindustry, AC Partners'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.


AC Partners's Return-on-Tangible-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, AC Partners's Return-on-Tangible-Equity distribution charts can be found below:

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



AC Partners Return-on-Tangible-Equity Calculation

AC Partners's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-0.194/( (-1.067+-1.172 )/ 2 )
=-0.194/-1.1195
=N/A %

AC Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=-0.092/( (-1.172+-1.191)/ 2 )
=-0.092/-1.1815
=N/A %

* 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 (Mar. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AC Partners  (OTCPK:ACPS) 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.


AC Partners Return-on-Tangible-Equity Related Terms

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AC Partners Business Description

Traded in Other Exchanges
N/A
Address
4053 SW Rivers End Way, Palm City, FL, USA, 34990
AC Partners Inc is a provider of air conditioning systems. It is engaged in the design, sale, maintenance, and installation of central air conditioning systems for commercial and residential customers. It is an authorized dealer for Rheem, American Standard, Goodman and Amana air conditioning systems.

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