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Born (BRRN) Return-on-Tangible-Equity : 0.00% (As of Oct. 2020)


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What is Born 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. Born's annualized net income for the quarter that ended in Oct. 2020 was $-0.01 Mil. Born's average shareholder tangible equity for the quarter that ended in Oct. 2020 was $-0.03 Mil. Therefore, Born's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2020 was N/A%.

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

BRRN's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.56
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Born Return-on-Tangible-Equity Historical Data

The historical data trend for Born'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.

Born Return-on-Tangible-Equity Chart

Born Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr19 Apr20
Return-on-Tangible-Equity
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Born Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr19 Jul19 Oct19 Apr20 Jul20 Oct20
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Competitive Comparison of Born's Return-on-Tangible-Equity

For the Specialty Industrial Machinery subindustry, Born'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.


Born's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Born's Return-on-Tangible-Equity distribution charts can be found below:

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



Born Return-on-Tangible-Equity Calculation

Born's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2020 )  (A: Apr. 2019 )(A: Apr. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2020 )  (A: Apr. 2019 )(A: Apr. 2020 )
=-21.043/( (-2.975+-3.017 )/ 2 )
=-21.043/-2.996
=N/A %

Born's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2020 )  (Q: Jul. 2020 )(Q: Oct. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2020 )  (Q: Jul. 2020 )(Q: Oct. 2020 )
=-0.008/( (-0.054+-0.00099999999999767)/ 2 )
=-0.008/-0.027499999999999
=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 (Oct. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Born  (OTCPK:BRRN) 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.


Born Return-on-Tangible-Equity Related Terms

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Born (BRRN) Business Description

Traded in Other Exchanges
N/A
Address
5699 S. 59th West Avenue, Building No. 100, Tulsa, OK, USA, 74107
Born Inc is a supplier of direct fired process heaters and associated process plant and equipment to the petro-chemical industry. It offers comprehensive engineering, procurement, inspection, installation and commissioning services, together with full after sales support. Born's export markets include Latin America, Africa, Middle East, Asia, Australia, Europe, Canada, Mexico and other countries.

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