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Carrier Alliance Holdings (Carrier Alliance Holdings) Return-on-Tangible-Equity : -94.74% (As of Dec. 2011)


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What is Carrier Alliance Holdings 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. Carrier Alliance Holdings's annualized net income for the quarter that ended in Dec. 2011 was $-0.36 Mil. Carrier Alliance Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2011 was $0.38 Mil. Therefore, Carrier Alliance Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 was -94.74%.

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

CAHI's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Carrier Alliance Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Carrier Alliance Holdings'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.

Carrier Alliance Holdings Return-on-Tangible-Equity Chart

Carrier Alliance Holdings Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.08 -10.72 -30.65 -6.24 -26.98

Carrier Alliance Holdings Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 73.85 13.78 -27.01 - -94.74

Competitive Comparison of Carrier Alliance Holdings's Return-on-Tangible-Equity

For the Specialty Retail subindustry, Carrier Alliance Holdings'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.


Carrier Alliance Holdings's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Carrier Alliance Holdings's Return-on-Tangible-Equity distribution charts can be found below:

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



Carrier Alliance Holdings Return-on-Tangible-Equity Calculation

Carrier Alliance Holdings'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 )
=-0.104/( (0.427+0.344 )/ 2 )
=-0.104/0.3855
=-26.98 %

Carrier Alliance Holdings'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: Sep. 2011 )(Q: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=-0.36/( (0.416+0.344)/ 2 )
=-0.36/0.38
=-94.74 %

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


Carrier Alliance Holdings  (OTCPK:CAHI) 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.


Carrier Alliance Holdings Return-on-Tangible-Equity Related Terms

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Carrier Alliance Holdings (Carrier Alliance Holdings) Business Description

Traded in Other Exchanges
N/A
Address
120C Wilbur Place, 27th Floor, Bohemia, NY, USA, 11776
Website
Carrier Alliance Holdings, Inc formerlly Tilden Associates, Inc. is in the business of selling automotive franchises and administering and supporting full service automotive repair centers under the name 'TILDEN FOR BRAKES CAR CARE CENTERS'.

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