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Argus Worldwide (Argus Worldwide) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Argus Worldwide 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. Argus Worldwide's annualized net income for the quarter that ended in . 20 was $ Mil. Argus Worldwide's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Argus Worldwide's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

ARGW's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.88
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Argus Worldwide Return-on-Tangible-Equity Historical Data

The historical data trend for Argus Worldwide'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.

Argus Worldwide Return-on-Tangible-Equity Chart

Argus Worldwide Annual Data
Trend
Return-on-Tangible-Equity

Argus Worldwide Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Argus Worldwide's Return-on-Tangible-Equity

For the Software - Application subindustry, Argus Worldwide'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.


Argus Worldwide's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Argus Worldwide Return-on-Tangible-Equity Calculation

Argus Worldwide's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Argus Worldwide's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Argus Worldwide  (GREY:ARGW) 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.


Argus Worldwide Return-on-Tangible-Equity Related Terms

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


Argus Worldwide (Argus Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
1712 Pioneer Avenue, Suite 101, Cheyenne, WA, USA, 82001
Argus Worldwide Corp is a United States based portfolio management and investment company. Its strategic goals are focused on investment initiatives in the digital, IT and healthcare sectors. The group is intended to design, develop and operate an internet platform for a desktop computer and mobile use. It is also involved in the pharmaceutical business.

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