GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Beamz Interactive Inc (OTCPK:BZIC) » Definitions » Return-on-Tangible-Equity

Beamz Interactive (Beamz Interactive) Return-on-Tangible-Equity : 0.00% (As of Dec. 2014)


View and export this data going back to 2012. Start your Free Trial

What is Beamz Interactive 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. Beamz Interactive's annualized net income for the quarter that ended in Dec. 2014 was $-3.43 Mil. Beamz Interactive's average shareholder tangible equity for the quarter that ended in Dec. 2014 was $-5.25 Mil. Therefore, Beamz Interactive's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was N/A%.

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

BZIC's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.37
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Beamz Interactive Return-on-Tangible-Equity Historical Data

The historical data trend for Beamz Interactive'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.

Beamz Interactive Return-on-Tangible-Equity Chart

Beamz Interactive Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Return-on-Tangible-Equity
-568.96 - - -

Beamz Interactive Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 - - - - -

Competitive Comparison of Beamz Interactive's Return-on-Tangible-Equity

For the Consumer Electronics subindustry, Beamz Interactive'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.


Beamz Interactive's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Beamz Interactive's Return-on-Tangible-Equity distribution charts can be found below:

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



Beamz Interactive Return-on-Tangible-Equity Calculation

Beamz Interactive's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-6.14/( (-1.512+-5.425 )/ 2 )
=-6.14/-3.4685
=N/A %

Beamz Interactive's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Sep. 2014 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Sep. 2014 )(Q: Dec. 2014 )
=-3.428/( (-5.134+-5.366)/ 2 )
=-3.428/-5.25
=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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Beamz Interactive  (OTCPK:BZIC) 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.


Beamz Interactive Return-on-Tangible-Equity Related Terms

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


Beamz Interactive (Beamz Interactive) Business Description

Traded in Other Exchanges
N/A
Address
15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.

Beamz Interactive (Beamz Interactive) Headlines