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Comprehensive Multiple Transport (AMM:ABUS) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Comprehensive Multiple Transport 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. Comprehensive Multiple Transport's annualized net income for the quarter that ended in . 20 was JOD Mil. Comprehensive Multiple Transport's average shareholder tangible equity for the quarter that ended in . 20 was JOD Mil. Therefore, Comprehensive Multiple Transport's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

AMM:ABUS's Return-on-Tangible-Equity is not ranked *
in the Transportation industry.
Industry Median: 10.04
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Comprehensive Multiple Transport Return-on-Tangible-Equity Historical Data

The historical data trend for Comprehensive Multiple Transport'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.

Comprehensive Multiple Transport Return-on-Tangible-Equity Chart

Comprehensive Multiple Transport Annual Data
Trend
Return-on-Tangible-Equity

Comprehensive Multiple Transport Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Comprehensive Multiple Transport's Return-on-Tangible-Equity

For the Railroads subindustry, Comprehensive Multiple Transport'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.


Comprehensive Multiple Transport's Return-on-Tangible-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Comprehensive Multiple Transport's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Comprehensive Multiple Transport's Return-on-Tangible-Equity falls into.


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Comprehensive Multiple Transport Return-on-Tangible-Equity Calculation

Comprehensive Multiple Transport's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Comprehensive Multiple Transport's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Comprehensive Multiple Transport  (AMM:ABUS) 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.


Comprehensive Multiple Transport Return-on-Tangible-Equity Related Terms

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


Comprehensive Multiple Transport Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
North Marka, Behind Hussam Plastic Factory, Amman, JOR, 11118
Comprehensive Multiple Transport is engaged in providing public transport services on public transport lines for passengers within Amman Municipality, the capital governorate, and any lines within the kingdom, owning the public transport methods for passengers and establishing and investing in passenger bus stops on the lines served by the company. The integrated fleet provides a fleet of six hundred buses, including approximately two hundred fifty operating buses, distributed over forty-three lines inside and outside the country.