GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlas Resource Partners LP (OTCPK:ARNPQ.PFD) » Definitions » Return-on-Tangible-Equity

Atlas Resource Partners LP (Atlas Resource Partners LP) Return-on-Tangible-Equity : -808.80% (As of Sep. 2017)


View and export this data going back to 2015. Start your Free Trial

What is Atlas Resource Partners LP 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. Atlas Resource Partners LP's annualized net income for the quarter that ended in Sep. 2017 was $-70.20 Mil. Atlas Resource Partners LP's average shareholder tangible equity for the quarter that ended in Sep. 2017 was $8.68 Mil. Therefore, Atlas Resource Partners LP's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 was -808.80%.

The historical rank and industry rank for Atlas Resource Partners LP's Return-on-Tangible-Equity or its related term are showing as below:

ARNPQ.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -194.44   Med: -10   Max: 58.24
Current: 58.24

During the past 8 years, Atlas Resource Partners LP's highest Return-on-Tangible-Equity was 58.24%. The lowest was -194.44%. And the median was -10.00%.

ARNPQ.PFD's Return-on-Tangible-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 8.97 vs ARNPQ.PFD: 58.24

Atlas Resource Partners LP Return-on-Tangible-Equity Historical Data

The historical data trend for Atlas Resource Partners LP'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.

Atlas Resource Partners LP Return-on-Tangible-Equity Chart

Atlas Resource Partners LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial -8.29 -9.69 -61.70 -193.85 -

Atlas Resource Partners LP Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - 1,600.18 -73.88 -808.80

Competitive Comparison of Atlas Resource Partners LP's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Atlas Resource Partners LP'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.


Atlas Resource Partners LP's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Atlas Resource Partners LP's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Atlas Resource Partners LP's Return-on-Tangible-Equity falls into.



Atlas Resource Partners LP Return-on-Tangible-Equity Calculation

Atlas Resource Partners LP's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=0/( (-98.723+-6.941 )/ 2 )
=0/-52.832
=N/A %

Atlas Resource Partners LP's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=-70.2/( (17.42+-0.061)/ 2 )
=-70.2/8.6795
=-808.80 %

* 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. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Atlas Resource Partners LP  (OTCPK:ARNPQ.PFD) 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.


Atlas Resource Partners LP Return-on-Tangible-Equity Related Terms

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


Atlas Resource Partners LP (Atlas Resource Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102
Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.
Executives
Christopher Kenneth Walker officer: Chief Operating Officer 425 HOUSTON STREET, FORT WORTH TX 76102
Matthew Finkbeiner officer: Chief Accounting Officer 1000 COMMERCE DRIVE, 4TH FLOOR, PITTSBURGH PA 15275
Lisa Washington officer: VP, CLO & Corporate Secretary 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Jonathan Z Cohen director, officer: Executive Vice Chairman 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Mark D Schumacher officer: President 1845 WALNUT STREET, PHILADELPHIA PA 19103
Edward E Cohen director, officer: Executive Chairman RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Daniel C Herz director, officer: Chief Executive Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Steven J Pully director 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Michael C Watchorn director NES RENTALS HOLDINGS INC, 8770 W BRYN MAWR, CHICAGO IL 60631
Freddie M Kotek officer: SVP Investment Partnership Div RESOURCE AMERICA, 1845 WALNUT ST, PHILADELPHIA PA 19103
Dolly Ann Craig director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Holtz Dennis A Esq director
Ellen Warren director 311 ROUSER ROAD, MOON TOWNSHIP PA 15108
Gso / Blackstone Debt Funds Management Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154

Atlas Resource Partners LP (Atlas Resource Partners LP) Headlines