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AEGY (Alternative Energy Partners) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Apr. 2014)


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What is Alternative Energy 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. Alternative Energy Partners's annualized net income for the quarter that ended in Apr. 2014 was $5.07 Mil. Alternative Energy Partners's average shareholder tangible equity for the quarter that ended in Apr. 2014 was $-1.23 Mil. Therefore, Alternative Energy Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2014 was Negative Tangible Equity%.

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

AEGY's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.35
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Alternative Energy Partners Return-on-Tangible-Equity Historical Data

The historical data trend for Alternative Energy 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.

Alternative Energy Partners Return-on-Tangible-Equity Chart

Alternative Energy Partners Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13
Return-on-Tangible-Equity
-88.33 -1,305.88 - - -

Alternative Energy Partners Quarterly Data
Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14
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 - - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Alternative Energy Partners's Return-on-Tangible-Equity

For the Pharmaceutical Retailers subindustry, Alternative Energy 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.


Alternative Energy Partners's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alternative Energy Partners's Return-on-Tangible-Equity distribution charts can be found below:

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



Alternative Energy Partners Return-on-Tangible-Equity Calculation

Alternative Energy Partners's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2013 )  (A: Jul. 2012 )(A: Jul. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2013 )  (A: Jul. 2012 )(A: Jul. 2013 )
=-3.618/( (-0.525+-3.153 )/ 2 )
=-3.618/-1.839
=N/A %

Alternative Energy Partners's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2014 )  (Q: Jan. 2014 )(Q: Apr. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2014 )  (Q: Jan. 2014 )(Q: Apr. 2014 )
=5.072/( (-1.882+-0.573)/ 2 )
=5.072/-1.2275
=Negative Tangible Equity %

* 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 (Apr. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alternative Energy Partners  (OTCPK:AEGY) 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.


Alternative Energy Partners Return-on-Tangible-Equity Related Terms

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


Alternative Energy Partners Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
301 Yamato Road, Boca Raton, FL, USA, 33431
Website
Alternative Energy Partners Inc is a development stage company. It is currently involved in providing support services for medical marijuana collectives based initially in California.

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