CBMJ (Conservative Broadcast Media & Journalism) Return-on-Tangible-Equity: 0.00% (As of Jun. 2011)


What is Conservative Broadcast Media & Journalism Return-on-Tangible-Equity?

Conservative Broadcast Media & Journalism CBMJ -2.65% Return-on-Tangible-Equity is 0.00% as of Jun. 2011.

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. Conservative Broadcast Media & Journalism's annualized net income for the quarter that ended in Jun. 2011 was $-2.93 Mil. Conservative Broadcast Media & Journalism's average shareholder tangible equity for the quarter that ended in Jun. 2011 was $-2.18 Mil. Therefore, Conservative Broadcast Media & Journalism's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2011 was N/A%.

The historical rank and industry rank for Conservative Broadcast Media & Journalism's Return-on-Tangible-Equity or its related term are showing as below:

CBMJ's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 5.775
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Conservative Broadcast Media & Journalism  (OTCPK:CBMJ) 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.

Conservative Broadcast Media & Journalism Return-on-Tangible-Equity Related Terms

Conservative Broadcast Media & Journalism Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Conservative Broadcast Media & Journalism'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.

Conservative Broadcast Media & Journalism Return-on-Tangible-Equity Chart

Conservative Broadcast Media & Journalism Annual Data
Trend Dec08 Dec09 Dec10
Return-on-Tangible-Equity
-609.58 -1,446.83 0.00

Conservative Broadcast Media & Journalism Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

CBMJ vs IVFZF, CVOVQ, PRZM: Return-on-Tangible-Equity Comparison

For the Internet Content & Information subindustry, Conservative Broadcast Media & Journalism'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.

Conservative Broadcast Media & Journalism Return-on-Tangible-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Conservative Broadcast Media & Journalism's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Conservative Broadcast Media & Journalism's Return-on-Tangible-Equity falls into.


Conservative Broadcast Media & Journalism Return-on-Tangible-Equity Calculation

Conservative Broadcast Media & Journalism's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=-2.28/( (-0.395+-0.945 )/ 2 )
=-2.28/-0.67
=N/A %

Conservative Broadcast Media & Journalism's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=-2.928/( (-0.918+-3.44)/ 2 )
=-2.928/-2.179
=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. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Conservative Broadcast Media & Journalism (CBMJ) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2011. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Conservative Broadcast Media & Journalism and its competitors.
Is Conservative Broadcast Media & Journalism's Return-on-Tangible-Equity too high?
Conservative Broadcast Media & Journalism's current Return-on-Tangible-Equity is 0.00%.
How does Conservative Broadcast Media & Journalism's Return-on-Tangible-Equity compare to IVFZF and CVOVQ?
Conservative Broadcast Media & Journalism's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Interactive Media industry. The industry median Return-on-Tangible-Equity is 5.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.78, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Conservative Broadcast Media & Journalism and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Conservative Broadcast Media & Journalism's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conservative Broadcast Media & Journalism stock overvalued right now?
Conservative Broadcast Media & Journalism (CBMJ) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Conservative Broadcast Media & Journalism (CBMJ), the current Return-on-Tangible-Equity is 0.00% as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conservative Broadcast Media & Journalism Business Description

Address 5220 Jimmy Lee Smith Parkway, Suite 104, PMB 312, Hiram, GA, USA, 30141
Conservative Broadcast Media & Journalism Inc is engaged in providing a Digital platform for marketing, advertising, subscriptions, and product sales through e-commerce. The Company, through its majority owned subsidiary, Patriot.TV, Inc., conducts and operates a subscription based streaming service geared towards a conservative and Christian content by offering a diverse range of programming which can be enjoyed by the General public.