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4Cable TV International (4Cable TV International) Return-on-Tangible-Equity : 0.00% (As of Jun. 2015)


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What is 4Cable TV International 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. 4Cable TV International's annualized net income for the quarter that ended in Jun. 2015 was $-8.54 Mil. 4Cable TV International's average shareholder tangible equity for the quarter that ended in Jun. 2015 was $-1.53 Mil. Therefore, 4Cable TV International's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 was N/A%.

The historical rank and industry rank for 4Cable TV International's Return-on-Tangible-Equity or its related term are showing as below:

CATV's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.26
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

4Cable TV International Return-on-Tangible-Equity Historical Data

The historical data trend for 4Cable TV International'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.

4Cable TV International Return-on-Tangible-Equity Chart

4Cable TV International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
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4Cable TV International Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of 4Cable TV International's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, 4Cable TV International'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.


4Cable TV International's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 4Cable TV International's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where 4Cable TV International's Return-on-Tangible-Equity falls into.



4Cable TV International Return-on-Tangible-Equity Calculation

4Cable TV International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-1.069/( (0.087+-0.416 )/ 2 )
=-1.069/-0.1645
=N/A %

4Cable TV International's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=-8.544/( (-0.531+-2.525)/ 2 )
=-8.544/-1.528
=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 (Jun. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


4Cable TV International  (OTCPK:CATV) 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.


4Cable TV International Return-on-Tangible-Equity Related Terms

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4Cable TV International (4Cable TV International) Business Description

Traded in Other Exchanges
N/A
Address
23100 SW 192nd Avenue, Suite B, Miami, FL, USA, 33170
4Cable TV International Inc is a Miami-based company that focuses on Cannabis Acquisitions and Trading Ventures. It is engaged in the Hemp Cultivation and sale of hemp-based products.

4Cable TV International (4Cable TV International) Headlines