BRGS (Barrister Global Services Network) Return-on-Tangible-Equity: -95.21% (As of Jun. 2003)


What is Barrister Global Services Network Return-on-Tangible-Equity?

Barrister Global Services Network BRGS Return-on-Tangible-Equity is -95.21% as of Jun. 2003.

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. Barrister Global Services Network's annualized net income for the quarter that ended in Jun. 2003 was $-1.27 Mil. Barrister Global Services Network's average shareholder tangible equity for the quarter that ended in Jun. 2003 was $1.34 Mil. Therefore, Barrister Global Services Network's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2003 was -95.21%.

The historical rank and industry rank for Barrister Global Services Network's Return-on-Tangible-Equity or its related term are showing as below:

BRGS's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.77
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Barrister Global Services Network  (GREY:BRGS) 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.

Barrister Global Services Network Return-on-Tangible-Equity Related Terms

Barrister Global Services Network Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Barrister Global Services Network'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.

Barrister Global Services Network Return-on-Tangible-Equity Chart

Barrister Global Services Network Annual Data
Trend Mar93 Mar94 Mar95 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 -20.72 41.42 -22.94 -14.72

Barrister Global Services Network Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 10.59 2.26 -7.08 -112.97 -95.21

BRGS vs FCCN, IMCI, AKRFF: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Barrister Global Services Network'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.

Barrister Global Services Network Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Barrister Global Services Network's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Barrister Global Services Network's Return-on-Tangible-Equity falls into.


Barrister Global Services Network Return-on-Tangible-Equity Calculation

Barrister Global Services Network's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2003 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2003 )  (A: Mar. 2002 )(A: Mar. 2003 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2003 )  (A: Mar. 2002 )(A: Mar. 2003 )
=-0.423/( (4.284+1.464 )/ 2 )
=-0.423/2.874
=-14.72 %

Barrister Global Services Network's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2003 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2003 )  (Q: Mar. 2003 )(Q: Jun. 2003 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2003 )  (Q: Mar. 2003 )(Q: Jun. 2003 )
=-1.272/( (1.464+1.208)/ 2 )
=-1.272/1.336
=-95.21 %

* 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 (Jun. 2003) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -95.21% mean?
Barrister Global Services Network (BRGS) has a Return-on-Tangible-Equity of -95.21% as of Jun. 2003. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Barrister Global Services Network and its competitors.
Is Barrister Global Services Network's Return-on-Tangible-Equity too high?
Barrister Global Services Network's current Return-on-Tangible-Equity is -95.21%.
How does Barrister Global Services Network's Return-on-Tangible-Equity compare to FCCN and IMCI?
Barrister Global Services Network's Return-on-Tangible-Equity of -95.21% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 8.77. 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 8.77, based on 2,470 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 Barrister Global Services Network and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrister Global Services Network's current Return-on-Tangible-Equity is -95.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrister Global Services Network stock overvalued right now?
Barrister Global Services Network (BRGS) has a current Return-on-Tangible-Equity of -95.21%. The current Return-on-Tangible-Equity is -95.21%. 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 Barrister Global Services Network (BRGS), the current Return-on-Tangible-Equity is -95.21% as of Jun. 2003. 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.

Barrister Global Services Network Business Description

Address 186 Exchange Street, Buffalo, NY, USA, 14204
Barrister Global Services Network Inc provides multi-vendor IT services to resolve client/server hardware issues. It has customers in commercial and consumer markets through direct and indirect channels. The company provides IT life-cycle services, Helpdesk support services, Enterprise mobility, Staff augmentation, Cloud solutions, Back office processing, and software development.