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American Overseas Group (American Overseas Group) Return-on-Tangible-Equity : -51.00% (As of Jun. 2009)


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What is American Overseas Group 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 Overseas Group's annualized net income for the quarter that ended in Jun. 2009 was $-18.27 Mil. American Overseas Group's average shareholder tangible equity for the quarter that ended in Jun. 2009 was $35.83 Mil. Therefore, American Overseas Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2009 was -51.00%.

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

AOREF's Return-on-Tangible-Equity is not ranked *
in the Insurance industry.
Industry Median: 12.3
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

American Overseas Group Return-on-Tangible-Equity Historical Data

The historical data trend for American Overseas Group'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 Overseas Group Return-on-Tangible-Equity Chart

American Overseas Group Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Return-on-Tangible-Equity
Get a 7-Day Free Trial 8.23 6.18 11.70 -45.64 -93.34

American Overseas Group Quarterly Data
Dec03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 398.99 -103.68 -202.64 -12.20 -51.00

Competitive Comparison of American Overseas Group's Return-on-Tangible-Equity

For the Insurance - Reinsurance subindustry, American Overseas Group'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 Overseas Group's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Overseas Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where American Overseas Group's Return-on-Tangible-Equity falls into.



American Overseas Group Return-on-Tangible-Equity Calculation

American Overseas Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=-159.459/( (252.312+89.358 )/ 2 )
=-159.459/170.835
=-93.34 %

American Overseas Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2009 )  (Q: Mar. 2009 )(Q: Jun. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2009 )  (Q: Mar. 2009 )(Q: Jun. 2009 )
=-18.272/( (37.41+34.24)/ 2 )
=-18.272/35.825
=-51.00 %

* 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. 2009) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


American Overseas Group  (OTCPK:AOREF) 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 Overseas Group Return-on-Tangible-Equity Related Terms

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


American Overseas Group (American Overseas Group) Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House 6th Floor 1 Victoria Street, Hamilton, BMU, HM 11
American Overseas Group Ltd is a Barbados-based insurance and reinsurance group with tax residency in the United Kingdom. The company's core business has transitioned from financial guaranty reinsurance, mostly of public finance and structured finance debt obligations, to writing nonstandard auto insurance through its Texas-based subsidiary.
Executives
Edward U Gilpin officer: Chief Financial Officer 134 HOMMELVILLE ROAD, SAUGERTIES NY 12477
Bradley M Shuster director 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
David L Boyle director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Allan S Bufferd director
Cummings Robert F Jr 10 percent owner C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Joseph H Wender 10 percent owner 2855 GAZELLE COURT, CARLSBAD CA 92010
Robert Hamwee 10 percent owner C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Eckert Alfred C Iii 10 percent owner 12 EAST 49TH STREET SUITE 3200 NEW YORK NY 10017
Richard M Hayden 10 percent owner
Transatlantic Holdings Inc 10 percent owner 80 PINE STREET NEW YORK NY 10005
Kyle Waldhauer 10 percent owner 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Thomas V Inglesby 10 percent owner 535 MADISON AVENUE, NEW YORK NY 10022