GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Amanasu Technology Holdings Corp (OTCPK:ANSU) » Definitions » Return-on-Tangible-Equity

Amanasu Technology Holdings (Amanasu Technology Holdings) Return-on-Tangible-Equity : 0.00% (As of Sep. 2022)


View and export this data going back to 2005. Start your Free Trial

What is Amanasu Technology Holdings 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. Amanasu Technology Holdings's annualized net income for the quarter that ended in Sep. 2022 was $-0.08 Mil. Amanasu Technology Holdings's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $-0.87 Mil. Therefore, Amanasu Technology Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was N/A%.

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

ANSU's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.745
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Amanasu Technology Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Amanasu Technology Holdings'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.

Amanasu Technology Holdings Return-on-Tangible-Equity Chart

Amanasu Technology Holdings 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 - - - - -

Amanasu Technology Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - - - - -

Competitive Comparison of Amanasu Technology Holdings's Return-on-Tangible-Equity

For the Shell Companies subindustry, Amanasu Technology Holdings'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.


Amanasu Technology Holdings's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Amanasu Technology Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Amanasu Technology Holdings's Return-on-Tangible-Equity falls into.



Amanasu Technology Holdings Return-on-Tangible-Equity Calculation

Amanasu Technology Holdings'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 )
=-0.08/( (-0.728+-0.808 )/ 2 )
=-0.08/-0.768
=N/A %

Amanasu Technology Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-0.076/( (-0.856+-0.875)/ 2 )
=-0.076/-0.8655
=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 (Sep. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Amanasu Technology Holdings  (OTCPK:ANSU) 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.


Amanasu Technology Holdings Return-on-Tangible-Equity Related Terms

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


Amanasu Technology Holdings (Amanasu Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
224 Fifth Avenue, 2nd Floor, New York, NY, USA, 10022
Amanasu Technology Holdings Corp is a development stage company.
Executives
Yukinori Yoshino officer: President 115 EAST 57TH STREET 11TH FLOOR, NEW YORK NY 10022
Hideyuki Shiraishi director, officer: President & Chairman #703-1112 WEST PENDER STREET, VANCOUVER A1 V6E 2S1
Amanasu Corp 10 percent owner 701 5TH AVENUE 36TH FLOOR, SEATTLE WA 98109
Lina Lei officer: Secretary 701 5TH AVENUE 36TH FLOOR, SEATTLE WA 98109
Atsushi Maki director, 10 percent owner 701 5TH AVENUE 36TH FLOOR, SEATTLE WA 98109
Masafumi Hata director, officer: Chairman and President

Amanasu Technology Holdings (Amanasu Technology Holdings) Headlines

No Headlines