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APCX (AppTech Payments) Return-on-Tangible-Equity : 0.00% (As of Sep. 2024)


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What is AppTech Payments 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. AppTech Payments's annualized net income for the quarter that ended in Sep. 2024 was $-8.10 Mil. AppTech Payments's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $-4.58 Mil. Therefore, AppTech Payments's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was N/A%.

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

APCX's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.76
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

AppTech Payments Return-on-Tangible-Equity Historical Data

The historical data trend for AppTech Payments'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.

AppTech Payments Return-on-Tangible-Equity Chart

AppTech Payments Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
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AppTech Payments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of AppTech Payments's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, AppTech Payments'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.


AppTech Payments's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, AppTech Payments's Return-on-Tangible-Equity distribution charts can be found below:

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



AppTech Payments Return-on-Tangible-Equity Calculation

AppTech Payments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-18.512/( (-0.508+-2.542 )/ 2 )
=-18.512/-1.525
=N/A %

AppTech Payments's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-8.1/( (-4.303+-4.855)/ 2 )
=-8.1/-4.579
=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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


AppTech Payments  (NAS:APCX) 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.


AppTech Payments Return-on-Tangible-Equity Related Terms

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


AppTech Payments Business Description

Traded in Other Exchanges
N/A
Address
5876 Owens Avenue, Suite 100, Carlsbad, CA, USA, 92008
AppTech Payments Corp is a FinTech company utilizing various payment processing and digital banking technologies to complement core merchant services capabilities. The company's patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions, and business enterprises. It is developing a secure digital payments and banking platform that powers commerce experiences for clients and customers. Based upon industry standards for payment and banking protocols, the company will offer standalone products and fully integrated solutions that deliver unparalleled payments, banking, and financial services experiences.
Executives
Chad Nelley officer: COO 5876 OWENS AVE, SUITE #100, CARLSBAD CA 92008
Benjamin D Jenkins officer: CTO 5876 OWENS AVE., SUITE 100, CARLSBAD CA 92008
Christopher S Williams director 5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael A. O'neal director C/O NORTEK SECURITY & CONTROL LLC, 1950 CAMINO VIDA ROBLE, CARLSBAD CA 92008
William Huff director 2275 RIO BONITO WAY, SUITE 210, SAN DIEGO CA 92108
Mengyin H Liang director 124 STELLAR, IRVINE CA 92618
Marc D Evans officer: Corporate Secretary 5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael Yadgar director PO BOX 259, MANAMA C6 00000
Ventures Ndigital 10 percent owner C/O INFINIOS SOLUTIONS (BAHRAIN) W.L.L., PO BOX 11970, MANAMA C6 00000
Virgil Llapitan other: Executive Vice President 2302 ALTISMA WAY, 104, CARLSBAD CA 92009
Michael B Gross director 5876 OWENS AVENUE, SUITE 100, CARLSBAD CA 92008
Jeffrey Moriarty officer: Secretary 12545 PARISH ROAD, SAN DIEGO CA 92128
Gary B Wachs director, officer: Chief Financial Officer 23500 MERCANTILE RD, SUITE A, BEACHWOOD OH 44122
Luke Damian D'angelo director, 10 percent owner, officer: Executive Director, Chairman 2011 PALOMAR AIRPORT ROAD, SUITE 102, CARLSBAD CA 92011
Timothy J Connolly director, 10 percent owner, officer: President and CEO 1770 ST JAMES PLACE, SUITE 116, HOUSTON TX 77056