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BTHC XV (BTHC XV) Return-on-Tangible-Equity : 25.65% (As of Dec. 2011)


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What is BTHC XV 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. BTHC XV's annualized net income for the quarter that ended in Dec. 2011 was $4.28 Mil. BTHC XV's average shareholder tangible equity for the quarter that ended in Dec. 2011 was $16.69 Mil. Therefore, BTHC XV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 was 25.65%.

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

BTXV's Return-on-Tangible-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 7.2
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

BTHC XV Return-on-Tangible-Equity Historical Data

The historical data trend for BTHC XV'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.

BTHC XV Return-on-Tangible-Equity Chart

BTHC XV Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - 104.77 33.70 25.65

BTHC XV Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity Get a 7-Day Free Trial - - 104.77 33.70 25.65

Competitive Comparison of BTHC XV's Return-on-Tangible-Equity

For the Conglomerates subindustry, BTHC XV'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.


BTHC XV's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BTHC XV's Return-on-Tangible-Equity distribution charts can be found below:

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



BTHC XV Return-on-Tangible-Equity Calculation

BTHC XV's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=4.281/( (14.115+19.263 )/ 2 )
=4.281/16.689
=25.65 %

BTHC XV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=4.281/( (14.115+19.263)/ 2 )
=4.281/16.689
=25.65 %

* 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 one times the annual (Dec. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BTHC XV  (OTCPK:BTXV) 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.


BTHC XV Return-on-Tangible-Equity Related Terms

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BTHC XV (BTHC XV) Business Description

Traded in Other Exchanges
N/A
Address
Website
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

BTHC XV (BTHC XV) Headlines

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