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Career College Holding Co (Career College Holding Co) Return-on-Tangible-Equity : -2,083.09% (As of Jan. 2001)


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What is Career College Holding Co 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. Career College Holding Co's annualized net income for the quarter that ended in Jan. 2001 was $-62.58 Mil. Career College Holding Co's average shareholder tangible equity for the quarter that ended in Jan. 2001 was $3.00 Mil. Therefore, Career College Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2001 was -2,083.09%.

The historical rank and industry rank for Career College Holding Co's Return-on-Tangible-Equity or its related term are showing as below:

CCHZ's Return-on-Tangible-Equity is not ranked *
in the Education industry.
Industry Median: 10.73
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Career College Holding Co Return-on-Tangible-Equity Historical Data

The historical data trend for Career College Holding Co'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.

Career College Holding Co Return-on-Tangible-Equity Chart

Career College Holding Co Annual Data
Trend Jul99
Return-on-Tangible-Equity
-32.68

Career College Holding Co Quarterly Data
Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01
Return-on-Tangible-Equity Get a 7-Day Free Trial -160.83 -136.41 -315.72 -706.19 -2,083.09

Competitive Comparison of Career College Holding Co's Return-on-Tangible-Equity

For the Education & Training Services subindustry, Career College Holding Co'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.


Career College Holding Co's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Career College Holding Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Career College Holding Co's Return-on-Tangible-Equity falls into.



Career College Holding Co Return-on-Tangible-Equity Calculation

Career College Holding Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2099 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2099 )  (A: . 20 )(A: Jul. 2099 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2099 )  (A: . 20 )(A: Jul. 2099 )
=/( (+ )/ )
=/
= %

Career College Holding Co's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2001 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2001 )  (Q: Oct. 2000 )(Q: Jan. 2001 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2001 )  (Q: Oct. 2000 )(Q: Jan. 2001 )
=-62.576/( (4.44+1.568)/ 2 )
=-62.576/3.004
=-2,083.09 %

* 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 (Jan. 2001) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Career College Holding Co  (OTCPK:CCHZ) 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.


Career College Holding Co Return-on-Tangible-Equity Related Terms

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Career College Holding Co (Career College Holding Co) Business Description

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