GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Catskill Litigation Trust (OTCPK:CATKU) » Definitions » Return-on-Tangible-Equity

CATKU (Catskill Litigation Trust) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2015. Start your Free Trial

What is Catskill Litigation Trust 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. Catskill Litigation Trust's annualized net income for the quarter that ended in . 20 was $ Mil. Catskill Litigation Trust's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Catskill Litigation Trust's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

CATKU's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.25
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Catskill Litigation Trust Return-on-Tangible-Equity Historical Data

The historical data trend for Catskill Litigation Trust'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.

Catskill Litigation Trust Return-on-Tangible-Equity Chart

Catskill Litigation Trust Annual Data
Trend
Return-on-Tangible-Equity

Catskill Litigation Trust Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Catskill Litigation Trust's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Catskill Litigation Trust'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.


Catskill Litigation Trust's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Catskill Litigation Trust's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

Catskill Litigation Trust Return-on-Tangible-Equity Calculation

Catskill Litigation Trust'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 )
=/( (+ )/ )
=/
= %

Catskill Litigation Trust'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 )
=/( (+)/ )
=/
= %

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


Catskill Litigation Trust  (OTCPK:CATKU) 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.


Catskill Litigation Trust Return-on-Tangible-Equity Related Terms

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


Catskill Litigation Trust Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
c/o Christiana Bank & Trust Co, 1314 King Street, Wilmington, DE, USA, 19801
Catskill Litigation Trust is engaged in providing banking and related services. It offers Online Banking; Deposit services such as Checking and Saving; Lending services such as Business loans and Consumer loans and Other services.
Executives
Paul Debary other: Litigation Trustee C/O NOVUME SOLUTIONS, INC., 14420 ALBEMARLE POINT PLACE, SUITE 200, CHANTILLY VA 20151
Joseph E Bernstein 10 percent owner, other: Litigation Trustee EMPIRE RESORTS INC, PO BOX 5013, MONTICELLO NY 12701

Catskill Litigation Trust Headlines

No Headlines