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Allegiant Professional Business Services (Allegiant Professional Business Services) Return-on-Tangible-Equity : 0.00% (As of Dec. 2008)


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What is Allegiant Professional Business Services 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. Allegiant Professional Business Services's annualized net income for the quarter that ended in Dec. 2008 was $-6.23 Mil. Allegiant Professional Business Services's average shareholder tangible equity for the quarter that ended in Dec. 2008 was $-4.00 Mil. Therefore, Allegiant Professional Business Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2008 was N/A%.

The historical rank and industry rank for Allegiant Professional Business Services's Return-on-Tangible-Equity or its related term are showing as below:

APRO's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.93
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Allegiant Professional Business Services Return-on-Tangible-Equity Historical Data

The historical data trend for Allegiant Professional Business Services'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.

Allegiant Professional Business Services Return-on-Tangible-Equity Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Return-on-Tangible-Equity
-33.33 -16.44 -206.06 -

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 - Negative Tangible Equity -217.98 - -

Competitive Comparison of Allegiant Professional Business Services's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Allegiant Professional Business Services'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.


Allegiant Professional Business Services's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Allegiant Professional Business Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Allegiant Professional Business Services's Return-on-Tangible-Equity falls into.



Allegiant Professional Business Services Return-on-Tangible-Equity Calculation

Allegiant Professional Business Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2008 )  (A: Sep. 2007 )(A: Sep. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2008 )  (A: Sep. 2007 )(A: Sep. 2008 )
=-11.973/( (-0.001+-3.216 )/ 2 )
=-11.973/-1.6085
=N/A %

Allegiant Professional Business Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=-6.232/( (-3.216+-4.774)/ 2 )
=-6.232/-3.995
=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 (Dec. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Allegiant Professional Business Services  (OTCPK:APRO) 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.


Allegiant Professional Business Services Return-on-Tangible-Equity Related Terms

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


Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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