Inversiones Crecepymes CA (CAR:ICP.B) Return-on-Tangible-Equity : 0.00% (As of . 20)

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What is Inversiones Crecepymes CA 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. Inversiones Crecepymes CA's annualized net income for the quarter that ended in . 20 was VES Mil. Inversiones Crecepymes CA's average shareholder tangible equity for the quarter that ended in . 20 was VES Mil. Therefore, Inversiones Crecepymes CA's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

CAR:ICP.B's Return-on-Tangible-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 5.195
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Inversiones Crecepymes CA Return-on-Tangible-Equity Historical Data

The historical data trend for Inversiones Crecepymes CA'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.

Inversiones Crecepymes CA Return-on-Tangible-Equity Chart

Inversiones Crecepymes CA Annual Data

Trend

Return-on-Tangible-Equity

Inversiones Crecepymes CA Semi-Annual Data

Return-on-Tangible-Equity

Competitive Comparison of Inversiones Crecepymes CA's Return-on-Tangible-Equity

For the Asset Management subindustry, Inversiones Crecepymes CA'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.

Inversiones Crecepymes CA's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Inversiones Crecepymes CA's Return-on-Tangible-Equity distribution charts can be found below:

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

Inversiones Crecepymes CA Return-on-Tangible-Equity Calculation

Inversiones Crecepymes CA's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Inversiones Crecepymes CA's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

Inversiones Crecepymes CA (CAR:ICP.B) 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.

Inversiones Crecepymes CA Return-on-Tangible-Equity Related Terms

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Inversiones Crecepymes CA (CAR:ICP.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Inversiones Crecepymes CA (CAR:ICP.B) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Pantin, Edificio Galerias Pantin, PB, Local 3, Chacao, Caracas, VEN

Website

http://www.crecepymes.com

Inversiones Crecepymes CA is specialized in capital investment in Venezuela and invest in companies to make them grow up nationally and internationally. The company makes public offers of securities which allows making direct placements of securities to finance capital.

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