AQIA (Aquiva Group) Return-on-Tangible-Equity: -146.77% (As of Sep. 2008)


What is Aquiva Group Return-on-Tangible-Equity?

Aquiva Group AQIA Return-on-Tangible-Equity is -146.77% as of Sep. 2008.

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. Aquiva Group's annualized net income for the quarter that ended in Sep. 2008 was $-9.54 Mil. Aquiva Group's average shareholder tangible equity for the quarter that ended in Sep. 2008 was $6.50 Mil. Therefore, Aquiva Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 was -146.77%.

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

AQIA's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.82
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Aquiva Group  (OTCPK:AQIA) 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.


Aquiva Group Return-on-Tangible-Equity Related Terms


Aquiva Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aquiva 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.

Aquiva Group Return-on-Tangible-Equity Chart

Aquiva Group Annual Data
Trend Mar06 Mar07 Mar08
Return-on-Tangible-Equity
-7.41 -203.64 -8.79

Aquiva Group Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -68.32 -65.60 35.90 -122.43 -146.77

AQIA vs LOGQ, MUSS, KLMN: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Aquiva 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.


Aquiva Group Return-on-Tangible-Equity vs Software Industry

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

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



Aquiva Group Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2008 )  (A: Mar. 2007 )(A: Mar. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2008 )  (A: Mar. 2007 )(A: Mar. 2008 )
=-0.136/( (0.001+3.093 )/ 2 )
=-0.136/1.547
=-8.79 %

Aquiva Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=-9.544/( (6.656+6.349)/ 2 )
=-9.544/6.5025
=-146.77 %

* 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. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -146.77% mean?
Aquiva Group (AQIA) has a Return-on-Tangible-Equity of -146.77% as of Sep. 2008. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aquiva Group and its competitors.
Is Aquiva Group's Return-on-Tangible-Equity too high?
Aquiva Group's current Return-on-Tangible-Equity is -146.77%.
How does Aquiva Group's Return-on-Tangible-Equity compare to LOGQ and MUSS?
Aquiva Group's Return-on-Tangible-Equity of -146.77% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 8.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.82, based on 2,467 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aquiva Group and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aquiva Group's current Return-on-Tangible-Equity is -146.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aquiva Group stock overvalued right now?
Aquiva Group (AQIA) has a current Return-on-Tangible-Equity of -146.77%. The current Return-on-Tangible-Equity is -146.77%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aquiva Group (AQIA), the current Return-on-Tangible-Equity is -146.77% as of Sep. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aquiva Group Business Description

Address No. 3 Bethesda Metro Center, Suite 700, Bethesda, MD, USA, 20814
Aquiva Group Inc is focused on commercializing materials science technologies in both existing and emerging markets. It has licensed a novel HiPNATM (Hydrogel with InterPenetrating Network Anchor) technology, branded as AquiFormTM, which is a versatile material with key properties, making it an attractive platform for various applications. These applications include transdermal patches that release active ingredients for skin care, nutraceuticals, and other healthcare and cosmetics markets. The company operates across three segments: Consumer Health, Wellness, & Cosmetics; Medical Device; and Therapeutics & Transdermal Drug-Delivery Systems (TDS). Additionally, it is building on an established partnership network and capabilities in contract development to expand its services to new areas.