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CableClix (CableClix) Return-on-Tangible-Equity : 0.00% (As of Jan. 2013)


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What is CableClix 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. CableClix's annualized net income for the quarter that ended in Jan. 2013 was $-0.19 Mil. CableClix's average shareholder tangible equity for the quarter that ended in Jan. 2013 was $-0.18 Mil. Therefore, CableClix's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2013 was N/A%.

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

CCLX's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.33
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CableClix Return-on-Tangible-Equity Historical Data

The historical data trend for CableClix'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.

CableClix Return-on-Tangible-Equity Chart

CableClix Annual Data
Trend Apr07 Apr08 Apr09 Apr10 Apr11 Apr12
Return-on-Tangible-Equity
Get a 7-Day Free Trial - -16.24 -249.20 - -

CableClix Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of CableClix's Return-on-Tangible-Equity

For the Entertainment subindustry, CableClix'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.


CableClix's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CableClix's Return-on-Tangible-Equity distribution charts can be found below:

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



CableClix Return-on-Tangible-Equity Calculation

CableClix's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2012 )  (A: Apr. 2011 )(A: Apr. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2012 )  (A: Apr. 2011 )(A: Apr. 2012 )
=-0.063/( (-0.105+-0.159 )/ 2 )
=-0.063/-0.132
=N/A %

CableClix's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2013 )  (Q: Oct. 2012 )(Q: Jan. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2013 )  (Q: Oct. 2012 )(Q: Jan. 2013 )
=-0.192/( (-0.171+-0.191)/ 2 )
=-0.192/-0.181
=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 (Jan. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CableClix  (OTCPK:CCLX) 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.


CableClix Return-on-Tangible-Equity Related Terms

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


CableClix (CableClix) Business Description

Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
CableClix (USA) Inc is a video streaming and catching company. It is involved in the business of bringing high definition over the air broadcasts, free to air signals and paid premium content over private networks owned by internet services providers directly to the customers of internet service providers. The firm's services include high speed, high definition, live, video-on-demand, and intelligent video delivery.

CableClix (CableClix) Headlines

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