BSYI (Biosyntech) Return-on-Tangible-Equity: 0.00% (As of Dec. 2009)

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What is Biosyntech Return-on-Tangible-Equity?

Biosyntech BSYI Return-on-Tangible-Equity is 0.00% as of Dec. 2009.

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. Biosyntech's annualized net income for the quarter that ended in Dec. 2009 was $-12.83 Mil. Biosyntech's average shareholder tangible equity for the quarter that ended in Dec. 2009 was $-12.07 Mil. Therefore, Biosyntech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2009 was N/A%.

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

BSYI's Return-on-Tangible-Equity is not ranked *
in the Biotechnology industry.
Industry Median: -42.305
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Biosyntech  (OTCPK:BSYI) 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.


Biosyntech Return-on-Tangible-Equity Related Terms


Biosyntech Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Biosyntech'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.

Biosyntech Return-on-Tangible-Equity Chart

Biosyntech Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,751.69 -198.39 -84.19 -172.20 0.00

Biosyntech Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 0.00 0.00 0.00 0.00 0.00

BSYI vs NSPX, HSTC, PZRXQ: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, Biosyntech'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.


Biosyntech Return-on-Tangible-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Biosyntech's Return-on-Tangible-Equity distribution charts can be found below:

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



Biosyntech Return-on-Tangible-Equity Calculation

Biosyntech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2009 )  (A: Mar. 2008 )(A: Mar. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2009 )  (A: Mar. 2008 )(A: Mar. 2009 )
=-10.233/( (1.651+-5.265 )/ 2 )
=-10.233/-1.807
=N/A %

Biosyntech's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2009 )  (Q: Sep. 2009 )(Q: Dec. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2009 )  (Q: Sep. 2009 )(Q: Dec. 2009 )
=-12.832/( (-11.317+-12.816)/ 2 )
=-12.832/-12.0665
=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 (Dec. 2009) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Biosyntech (BSYI) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2009. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Biosyntech and its competitors.
Is Biosyntech's Return-on-Tangible-Equity too high?
Biosyntech's current Return-on-Tangible-Equity is 0.00%.
How does Biosyntech's Return-on-Tangible-Equity compare to NSPX and HSTC?
Biosyntech's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. 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 Biosyntech and its competitors. Biosyntech's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biosyntech stock overvalued right now?
Biosyntech (BSYI) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Biosyntech (BSYI), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2009. 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.

Biosyntech Business Description

Address 475 Boulevard Armand-Frappier, Laval, QC, CAN, H7V 4B3
Biosyntech Inc is engaged in developing advanced biotherapeutics thermogels specifically designed for tissue repair and delivery of therapeutic agents. The company's products include BST-CarGel, BST-InPod, BST-DermOn, BST-Ossifil and BST-Ossifix and BST-Disc for intervertebral disc restoration.